Anguilla's .ai internet domain quadrupled earnings to $32M, now 20% of government revenue, due to AI boom and partnership with Identity Digital.
Anguilla, a Caribbean island, is experiencing a financial boost from its control of the .ai internet domain, with earnings quadrupling to $32 million last year, now representing 20% of government revenue. The AI boom has driven demand for these domains, prompting companies like Google and Elon Musk to invest. To manage this growth, Anguilla partnered with U.S. company Identity Digital, aiming to enhance security and fund projects like airport expansion and free medical care.
October 15, 2024
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