Global X Funds Launches AIQ: An ETF Targeting Artificial Intelligence and Big Data Companies

Global X Funds, the New York-based provider of exchange traded funds (ETFs), announced today the launch of the Global X Future Analytics Tech ETF (Nasdaq: AIQ). Designed to track the Indxx Artificial Intelligence and Big Data Index, the fund holds a basket of companies that are generating vast amounts of data and developing proprietary AI systems to derive actionable insights from that data. The fund will also access companies that offer AI-as-a-Service (AIaaS) for big data analytics, or are developing hardware integral to powering AI systems, including quantum computing.