8th September 2023
Anguilla is reaping unexpected riches from its “.ai” domain as AI development surges, with tech start-ups increasingly attracted to this domain for their businesses. Vince Cate, who manages the Anguilla domain, noted the significant change since November 2022, with ChatGPT driving AI progress. Anguilla earns revenue from domain registrars, such as Hover, paying US$140 for every two-year .ai domain registration. The past year saw Anguilla’s domains double to nearly 300,000, with domain revenue projected to hit US$25mn to US$30mn in 2023, compared to US$8.3mn in 2022. This could constitute 25% of Anguilla’s total annual revenue, estimated at US$107mn.
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