AJAX stands for Asynchronous JavaScript and XML. It is a technique for building interactive web applications where data can be updated asynchronously in the background without interfering with the display and behavior of the existing page. AJAX uses a combination of technologies like XHTML, CSS, DOM, XML, XSLT, JavaScript, and the XMLHttpRequest object to retrieve data from the server asynchronously in the background without loading the entire web page. This allows web pages to be more interactive and provides a better user experience.