Tech founder Dharmesh Shah paid Anguilla $700,000 to use the .ai domain
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Tech founder Dharmesh Shah paid Anguilla $700,000 to use the .ai domain
"Although US residents are likely used to visiting sites with .com, .org, and .edu, it's common for other countries to use domains that reflect their names, like .uk in the United Kingdom or .cn in China. Anguilla, a British territory, also uses a country domain, and until the last few years, its .ai domain wasn't remarkable. Industry insiders have been keeping an eye on how AI's growth could impact Anguilla since 2023, as Business Insider previously reported."
""I usually don't invest in .ai domains - I lean towards .com," Shah, the cofounder and CTO of HubSpot, told Business Insider. "But, you.ai was a great name and I had an idea for a project for it." The BBC reported that Shah said he hoped you.ai could serve as the domain for a product that would "allow people to create digital versions of themselves that could do specific tasks on their behalf.""
Anguilla owns the country-code top-level domain .ai. The .ai domain surged in popularity during the AI boom, with registrations rising from about 40,000 in early 2020 to roughly 859,000 by August 2025. Tech founder Dharmesh Shah paid Anguilla $700,000 to secure the domain you.ai and envisioned using it for a product that creates digital versions of people to perform specific tasks. Shah owns multiple .ai domains and previously bought chat.com for over $15 million before selling it to ChatGPT. AI startups and founders are increasingly paying for .ai names, creating new revenue for Anguilla.
Read at Business Insider
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