Anguilla, a small island in the Caribbean with a .ai domain due to the popularity of AI, is earning billions of yen annually



As AI becomes more popular, we are seeing more and more domain names using the top-level domain ' .ai ', such as '

stability.ai '. '.ai' is a ccTLD assigned to Anguilla, a British territory, and Anguilla earns billions of yen every year just by registering '.ai'.

2022 Budget
(PDF link) http://www.gov.ai/documents/finance/2022%20Budget.pdf



AI Startups Create Digital Demand for Anguilla's Website Domain Name - Bloomberg
https://www.bloomberg.com/news/articles/2023-08-31/ai-startups-create-digital-demand-for-anguilla-s-website-domain-name

'.ai' is included in the official website, such as 'stability.ai' of Stability AI, the developer of the image generation AI 'Stable Diffusion', and ' x.ai ' of the AI company ' xAI ' invested by Elon Musk. There are many AI companies that have adopted domains.



'.ai' is a type of 'country code top-level domain (ccTLD)' assigned to countries and regions like '.jp', and is assigned to Anguilla, a British territory floating in the Caribbean Sea. Many ccTLDs, including ``.jp'', have acquisition conditions that ``only residents of the assigned country or region can apply'', but some ccTLDs abolish residence restrictions to earn foreign currency doing. '.ai' also abolished restrictions on the place of residence in 2009, and at the time of writing the article, '.ai' is operated as a domain that can be acquired by anyone in the world.

With the rapid increase in the number of AI-related service providers, the acquisition of domains including '.ai' is also increasing, and Anguilla is making a big profit. The income and expenditure report announced by Anguilla shows 14,330,787 East Caribbean dollars (about 770,790,000 yen) in 2020 and 19,993,620 East Caribbean dollars (about 1,075,370,000 yen) in 2021 for domain registration alone. It is estimated that in 2023 it will earn a profit of 22,298,435 East Caribbean dollars (about 1,199,340,000 yen).



In addition, Anguilla estimates that the profit from domain registration in 2023 will be 22,298,435 East Caribbean dollars, but Vince Kate , who works as a software engineer in Anguilla, said, ``In the past year, the number of ``.ai'' registrations has increased. It has doubled,' and estimates that Anguilla's profit from domain registration in 2023 will reach $ 30 million (about 4.4 billion yen).

in Web Service, Posted by log1o_hf