FastAPI is a modern web framework for building APIs with Python 3.7+ based on standard Python type hints, designed for high performance and ease of use.
To start with FastAPI, you need to install it along with an ASGI server like Uvicorn, creating a basic 'Hello, World!' API is straightforward.
FastAPI allows defining API endpoints with different HTTP methods effortlessly, like creating and reading items in an inventory.
Advanced features of FastAPI include dependency injection, background tasks, and middleware, which can be utilized for tasks like user authentication.