PCM is being explored for a variety of applications, particularly in areas where high-speed and high-endurance memory is critical. Some of the current applications include data centers, where PCM can provide faster access to frequently used data, and mobile devices, where it can enhance performance and battery life. PCM is also being investigated for use in neuromorphic computing and artificial intelligence applications, where its ability to mimic the synaptic functions of the human brain can be advantageous.