An Internet Exchange is a physical infrastructure that allows different networks to connect and exchange data directly. This helps improve the efficiency of internet traffic by reducing the distance data must travel, which can lead to faster speeds and lower costs for internet service providers (ISPs). By connecting multiple networks at a single location, Internet Exchanges facilitate the sharing of information between various entities, such as ISPs, content delivery networks (CDNs), and cloud service providers. This collaboration enhances the overall performance and reliability of the internet for users around the world.