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The Hustle Daily Show
This island of Anguilla makes $3m a month off of AI
Feb 15, 2024
Learn how the island of Anguilla is making $3m a month off of AI with their .ai domain, the financial benefits and challenges they face, and the impact of vanity domains. Discover the potential of other two-letter domains and get a podcast recommendation.
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Quick takeaways
- Anguilla earns $3m per month from their .ai domain, allowing them to pay off debts and cover educator salaries.
- Anguilla learned the importance of vetting opportunities and maintaining control over valuable assets through their failed venture with a Taiwan-based company.
Deep dives
The Small Island of Anguilla Profits from the .ai Domain
The island of Anguilla, through a stroke of luck, acquired ownership of the .ai domain, which has turned into a lucrative business for them. Initially making $2.9 million annually from the domains, the territory is now earning $2.9 million per month from sales alone. They expect this number to increase to $6 million per month next year. This unexpected windfall has allowed Anguilla to pay off debts and cover the salaries of educators.
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