Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions) and self-correction.
Several models, such as DALL-E, Midjourney, and StableDiffusion, became available recently. All these models generate digital images from natural language descriptions. The most interesting one, in my opinion, is StableDiffusion which is open source - released barely a few weeks ago. There's now an entire community trying to leverage it for various use cases.