The TIOBE Programming Community Index, which focuses on the popularity of programming languages, places Python on top of the rest. The growth of the popularity of Python seems to have happened due to its flexibility-level, readable syntax, which allows numerous modifications. Because of that, it has endless scopes that range from website creation and data analysis to AI and machine learning. This is why several organizations are seeking the services of Python development companies in order to develop effective software solutions that meet their business requirements. However, the importance of Python in the development of businesses is not limited to its use as a programming language only. Generative AI has emerged as the next big frontier, where Python has become almost the preferred option to create AI models that can create content, automate engagement, and help in decision-making.