Meaning of the word "I am" in English

What does "I am" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

I am

US /aɪ æm/
UK /aɪ æm/

Contraction

a contraction of 'I am', used to express existence, state, or identity

Example:
I'm so happy to see you!
I'm going to the store.