Posted 3/22/2024, 8:15:53 AM
Tiny Anguilla Island Rakes in Millions from Popular .ai Domain Names
- Anguilla, a small Caribbean island, made $32 million last year from fees collected for .ai domain name registrations
- The .ai domains are popular with AI companies and bring in 10%+ of Anguilla's GDP
- The government gets $140 to thousands per .ai domain, depending on if they were auctioned
- Anguilla uses the funds for free healthcare for seniors, building schools, improving the airport, sports budgets, and overseas medical trips
- The income helped Anguilla economically recover after pandemic travel declines and a devastating 2017 hurricane