The fund targets companies linked to the growing power demands of artificial intelligence systems.

KB Asset Management has launched the RISE US AI Electricity Infrastructure Active exchange-traded fund (ETF), which tracks the Solactive US AI Electricity Infrastructure Index. The index includes 20 US-listed companies  The ETF is designed to provide exposure to companies involved in electricity infrastructure supporting artificial intelligence, including data centres, grid systems and energy storage. The index includes 20 US-listed companies selected based on their involvement in area