Global X Launches AI, Big Data ETF

The universe of exchange-traded funds dedicated companies involved in artificial intelligence and big data technologies continues growing. On Tuesday, Global X introduced the Global X Future Analytics Tech ETF (NASDAQ: AIQ). The latest ETF from New York-based Global X tracks the Indxx Artificial Intelligence & Big Data Index. AIQ "holds a basket of companies that are generating vast amounts of data and developing proprietary AI systems to derive actionable insights from that data," according to a statement from Global X. While old guard technology ETFs provide some exposure to the booming AI and big data themes, an increasing number of funds are zeroing in on these investment opportunities.