AI Boom Brings Unexpected Wealth to Anguilla

Anguilla, a small Caribbean island, has stumbled upon an unexpected source of wealth: its internet domain name. The island's .ai domain has become incredibly valuable due to the booming artificial intelligence (AI) industry.

Companies and individuals are eagerly purchasing .ai web addresses from Anguilla. In one notable case, a tech executive paid a staggering $700,000 for the domain you.ai. This surge in demand has led to a significant increase in Anguilla's revenue, with domain sales accounting for nearly a quarter of the government's income in 2024.

This windfall is particularly beneficial for Anguilla, as it helps diversify the island's economy. While tourism remains a crucial sector, it is vulnerable to disruptions from hurricanes. The income from .ai domain sales provides a more stable revenue stream, helping to make the island's economy more resilient.