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The small self-governing British territory of Anguilla is reaping important advantages after a rise in demand for .ai domains. The Caribbean island has owned the area since 1995 and leased it primarily to native companies.
In recent times, the variety of Synthetic Intelligence (AI) startups has created a major demand for .ai domains. The area is a horny branding that offers rising startups and established tech firms like Google and Fb an edge in a quickly rising AI market.
Present estimates predict that Anguilla will make as a lot as US $45 million in area income in 2024. This determine is sort of double the US $23 million earned in 2023.
Vince Cate has managed the registration of Anguilla’s area for over twenty years, and he has seen that the demand for the .ai area rose quickly after the introduction of ChatGPT. Demand will probably return to equilibrium in later years, however within the meantime, the Anguillan authorities plans to make use of the funds for enterprise growth and social packages.
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