Anguilla Profits from AI Domain Boom
The Caribbean island's control of the .ai domain has significantly boosted its economy amid growing AI interest.
- Anguilla's revenue from .ai domain registrations quadrupled to $32 million last year, now comprising 20% of its government income.
- The island's government collects fees for new, renewed, and resold .ai web addresses, with some domains selling for tens of thousands of dollars.
- Anguilla has partnered with U.S.-based Identity Digital to manage domain services, enhancing security and efficiency.
- Premier Ellis Webster plans to use the income for infrastructure projects, including airport expansion and free senior medical care.
- Despite the windfall, Anguilla remains cautious about over-reliance on domain revenues due to potential shifts in digital trends.