Yes, it is also included in the ETF, as betechs such as Google, Meta, Microsoft and Nvidia are also very active in the field and naturally account for a large share. There has already been a good run in everything that does something with AI. Nvidia in particular is very sportily valued
Even if the sector will certainly earn good money in the next 10-20 years, the hype here is over for now... I would avoid hyped sectors, as a private investor you are always too late. 
