This is the proceedings of the 1st International Conference on Applications of AI in 5G and IoT (ICAAI5GI2024). It brings together ground-breaking research and practical insights into integrating Artificial Intelligence within 5G and the Internet of Things (IoT). This compilation highlights the latest advancements and innovative solutions emerging at the intersection of AI, 5G, and IoT technologies. It also delves into a wide array of topics, including the role of AI in enhancing 5G network efficiency, the development of intelligent IoT devices, and the creation of smart environments powered by these cutting-edge technologies. It further showcases key findings on AI-driven applications in 5G for seamless communication, improved connectivity, and advanced data processing techniques, along with IoT solutions for smart cities, industrial automation, healthcare, and beyond. It would be a valuable read for researchers, engineers, and professionals in AI, 5G, IoT, and related fields. It serves as an essential resource for those seeking to stay at the forefront of technological advancements in these rapidly evolving domains.