diff --git a/WooCommerce/Classes/ViewRelated/AI Settings/AISettingsView.swift b/WooCommerce/Classes/ViewRelated/AI Settings/AISettingsView.swift
index b7333dcf909..ec847f1cd95 100644
--- a/WooCommerce/Classes/ViewRelated/AI Settings/AISettingsView.swift	
+++ b/WooCommerce/Classes/ViewRelated/AI Settings/AISettingsView.swift	
@@ -1,7 +1,234 @@
 import SwiftUI
 
+@Observable final class AISettingsViewModel {
+    var usesJetpackAsDefaultAIProviderSource: Bool = false
+    var isEditingApiKey: Bool = false
+    var apiKey: String = ""
+    var selectedProvider: String = "OpenAI"
+    var selectedModel: String = "gpt-4"
+
+    func toggleEditing() {
+        if isEditingApiKey {
+            saveSettings()
+        }
+        isEditingApiKey.toggle()
+    }
+
+    func updateProvider(_ provider: String) {
+        // TODO
+        // Switches between AI providers
+    }
+
+    func clearAPIKey() {
+        // TODO
+    }
+
+    private func saveSettings() {
+        // TODO
+    }
+}
+
 struct AISettingsView: View {
+    @State private var viewModel: AISettingsViewModel
+
+    init(viewModel: AISettingsViewModel) {
+        _viewModel = State(initialValue: viewModel)
+    }
+
+    // Disable AI settings when the site already uses Jetpack as the default AI source
+    private var aiSettingsDisabled: Bool {
+        viewModel.usesJetpackAsDefaultAIProviderSource
+    }
+
+    private var fieldOpacity: Double {
+        aiSettingsDisabled ? 0.5 : 1.0
+    }
+
     var body: some View {
-        EmptyView()
+        @Bindable var viewModel = viewModel
+
+        VStack(alignment: .leading) {
+            if aiSettingsDisabled {
+                JetpackAsAIDefaultSourceBannerView()
+            }
+
+            HStack {
+                TextField(
+                    Localization.enterAPIKey,
+                    text: Binding(
+                        get: { viewModel.isEditingApiKey ? viewModel.apiKey : "**********" },
+                        set: { newValue in
+                            if viewModel.isEditingApiKey { viewModel.apiKey = newValue }
+                        }
+                    )
+                )
+                .textFieldStyle(RoundedBorderTextFieldStyle())
+                .foregroundColor(.primary)
+                .privacySensitive()
+
+                if viewModel.isEditingApiKey, !viewModel.apiKey.isEmpty {
+                    Button(action: viewModel.clearAPIKey) {
+                        Image(systemName: "xmark.circle.fill")
+                            .foregroundColor(.gray)
+                    }
+                }
+
+                Button(action: viewModel.toggleEditing) {
+                    Text(viewModel.isEditingApiKey ? Localization.save : Localization.edit)
+                }
+                .disabled(aiSettingsDisabled)
+                .opacity(fieldOpacity)
+            }
+
+            Text(Localization.apiKeyDescription)
+                .font(.caption)
+                .foregroundColor(.secondary)
+
+            HStack {
+                Text(Localization.aiProvider)
+                    .foregroundColor(.secondary)
+                Picker(Localization.selectProvider, selection: $viewModel.selectedProvider) {
+                    // TODO
+                    Text(Localization.openAI).tag(Localization.openAI)
+                }
+                .pickerStyle(MenuPickerStyle())
+                .onChange(of: viewModel.selectedProvider) { _, newValue in
+                    viewModel.updateProvider(newValue)
+                }
+                .disabled(aiSettingsDisabled)
+                .opacity(fieldOpacity)
+
+                if viewModel.usesJetpackAsDefaultAIProviderSource {
+                    Image(systemName: "lock.fill")
+                        .foregroundColor(.secondary)
+                }
+            }
+            HStack {
+                Text(Localization.models)
+                    .foregroundColor(.secondary)
+                Picker(Localization.selectModel, selection: $viewModel.selectedModel) {
+                    // TODO
+                    Text(viewModel.selectedModel).tag(viewModel.selectedModel)
+                }
+                .pickerStyle(MenuPickerStyle())
+                .disabled(aiSettingsDisabled)
+                .opacity(fieldOpacity)
+
+                if aiSettingsDisabled {
+                    Image(systemName: "lock.fill")
+                        .foregroundColor(.gray)
+                }
+            }
+
+            Spacer()
+
+            Text(Localization.apiKeyDisclaimer)
+                .font(.caption)
+                .foregroundColor(.secondary)
+                .frame(maxWidth: .infinity, alignment: .center)
+        }
+        .padding()
+        .navigationTitle(Localization.navigationTitle)
+    }
+}
+
+private extension AISettingsView {
+    @ViewBuilder private func JetpackAsAIDefaultSourceBannerView() -> some View {
+        Text(Localization.builtInAIEnabled)
+            .font(.callout)
+            .foregroundColor(.secondary)
+            .padding()
+            .background(
+                RoundedRectangle(cornerRadius: Layout.cornerRadius)
+                    .fill(Color(.systemGray6))
+            )
+            .overlay(
+                RoundedRectangle(cornerRadius: Layout.cornerRadius)
+                    .stroke(Color(.gray), lineWidth: 1)
+            )
+    }
+}
+
+private extension AISettingsView {
+    enum Layout {
+        static let cornerRadius: CGFloat = 8
+    }
+
+    enum Localization {
+        static let navigationTitle = NSLocalizedString(
+            "aiSettings.navigationTitle",
+            value: "AI Settings",
+            comment: "Navigation title for the AI Settings screen"
+        )
+
+        static let builtInAIEnabled = NSLocalizedString(
+            "aiSettings.builtInAIEnabled",
+            value: "AI capabilities are already enabled for this site.",
+            comment: "Message displayed when built-in AI feature is already enabled."
+        )
+
+        static let enterAPIKey = NSLocalizedString(
+            "aiSettings.enterAPIKey",
+            value: "Enter API Key",
+            comment: "Placeholder text for the API key input field"
+        )
+
+        static let apiKeyDescription = NSLocalizedString(
+             "aiSettings.apiKeyDescription",
+             value: "Enter your API key to use AI generation at public API costs.",
+             comment: "Description text explaining the purpose of the API key"
+         )
+
+        static let apiKeyDisclaimer = NSLocalizedString(
+            "aiSettings.apiKeyDisclaimer",
+            value: "API keys open up access to potentially sensitive information. Do not share your API key with others or expose them.",
+            comment: "Warning message about keeping API keys secure"
+        )
+
+        static let aiProvider = NSLocalizedString(
+            "aiSettings.aiProvider",
+            value: "Provider",
+            comment: "Label for the AI provider selection in AI settings"
+        )
+
+        static let selectProvider = NSLocalizedString(
+            "aiSettings.selectProvider",
+            value: "Select Provider",
+            comment: "Accessibility label for the AI provider picker"
+        )
+
+        static let openAI = NSLocalizedString(
+             "aiSettings.openAI",
+             value: "OpenAI",
+             comment: "Label for OpenAI provider option"
+         )
+
+        static let models = NSLocalizedString(
+            "aiSettings.models",
+            value: "Models",
+            comment: "Label for the AI models selection"
+        )
+
+        static let selectModel = NSLocalizedString(
+            "aiSettings.selectModel",
+            value: "Select Model",
+            comment: "Accessibility label for the AI model picker"
+        )
+
+        static let edit = NSLocalizedString(
+            "aiSettings.edit",
+            value: "Edit",
+            comment: "Button title to edit API key"
+        )
+
+        static let save = NSLocalizedString(
+            "aiSettings.save",
+            value: "Save",
+            comment: "Button title to save API key"
+        )
     }
 }
+
+#Preview {
+    AISettingsView(viewModel: AISettingsViewModel())
+}
diff --git a/WooCommerce/Classes/ViewRelated/Hub Menu/HubMenu.swift b/WooCommerce/Classes/ViewRelated/Hub Menu/HubMenu.swift
index ef436d41012..294d8a8e962 100644
--- a/WooCommerce/Classes/ViewRelated/Hub Menu/HubMenu.swift	
+++ b/WooCommerce/Classes/ViewRelated/Hub Menu/HubMenu.swift	
@@ -152,7 +152,7 @@ private extension HubMenu {
             case .blazeCampaignCreation:
                 BlazeCampaignListHostingControllerRepresentable(siteID: viewModel.siteID, startsCampaignCreationOnAppear: true)
             case .aiSettings:
-                AISettingsView()
+                AISettingsView(viewModel: AISettingsViewModel())
             }
         }
         .navigationBarTitleDisplayMode(.inline)