The idea is that you can push a notification to a search engine when content changes instead of waiting for the crawler to notice.
https://<searchengine>/indexnow?url=url-changed&key=your-key
You can also submit more than one URL with a POST.
You can notify Bing at https://www.bing.com/indexnow?url=url-changed&key=your-key
If you notify the IndexNow API endpoint it notifies Bing plus other search engines on your behalf:
https://api.indexnow.org/indexnow?url=url-changed&key=your-k...
This announcement is about how CloudFlare can now do this automatically for sites it hosts.
Some other hosts and CDNs support IndexNow, eg Akamai. See: https://blogs.bing.com/webmaster/october-2021/IndexNow-Insta...