AI is about teaching machines to think or act smart like humans, while ML involves machines learning patterns from data.Data is the raw input used to train, validate, and test models, while an algorithm is a set of rules followed by machines to find patterns.A model is the machine learning algorithm's output, mapping inputs to outputs, and Training Data is used for training models.Features are measurable properties or inputs used to predict the target variable, with Feature Engineering involving improving model performance.Bias refers to error due to an overly simplistic model, while variance is error due to model sensitivity.The Bias-Variance Tradeoff aims to find a balance between complexity and simplicity to minimize total error.Overfitting is when a model performs well on training but poorly on testing, while underfitting means the model didn't learn enough.Batch, Epoch, and Iteration refer to different stages in the training process, and Parameters are the model's learned aspects.Gradient Descent is an optimization method to minimize cost by adjusting model parameters, and Evaluation Metrics measure model performance.Precision, Recall, and F1 Score are metrics for assessing model performance, with a Confusion Matrix showing classification results.