The `AnnotationBbox` class in the Python Matplotlib library is used to create an annotation that combines a text or image with a bounding box. This bounding box can be positioned at a specific location within a plot or figure, and it can be easily customized with various attributes such as size, color, and transparency. This class provides a flexible way to add informative labels or markers to plots, making it easier to convey additional information to the viewer.
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