.ai domain name sells out, Anguilla makes a windfall of $32 million in 2023

along withAIThe industry's on fire.AI domain nameIt has also become a new favorite, including the .ai suffix and others that are naturally the focus of the deal.

On October 16, the Associated Press reported..ai domain nameSelling out for a small island in the Caribbean-- AnguillaIt brought in a fortune..

.ai domain name sells out, Anguilla makes a windfall of $32 million in 2023

According to publicly available information, Anguilla, one of the 14 British Overseas Territories, is a 91-square-kilometre territory located in the northern part of the Lesser Antilles in the Caribbean Sea, which became a British colony in 1650 and, after a series of twists and turns, a separate British Dependency in 1980.

assigned according to the name of the area.Anguilla gained control of the .ai domain in the 1990sOriginally, it stood for Anguilla's regional website. After more than three decades, Anguilla's regional website became synonymous with the AI website.

For example, Google uses google.ai to showcase its AI services, while Elon Musk uses x.ai as the home of the Grok AI chatbot.

Anguilla quadruples revenue from web domain registration fees in 2023, thanks to .ai domain registrations, sales and more.attainment $32 million(IT Note: Currently around RMB228 million). Currently, this accounts for approximately 20% of the Anguilla government's total revenue, which hovered around 5% before the AI boom.

In an effort to help keep up with the explosive growth in domain name registrations, Anguilla said on Tuesday local time that it will sign an agreement with a US-based domain name management company. They said the agreement will generate more revenue for the government while improving the resilience and security of web addresses.

The report mentions that there are now more than 533,000 .ai web domains globally, which has grown more than 10 times since 2018.

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