How AI is helping a tiny Caribbean island make millions
Summary
Anguilla, a small island in the Caribbean, is earning significant income by selling .ai website addresses. With the rise of artificial intelligence, these domain names have become highly valuable, helping Anguilla diversify its economy beyond tourism.Key Facts
- Anguilla uses the .ai web domain, which has become popular with the growth of AI.
- In 2024, Anguilla earned about $39 million from selling .ai domain names.
- This income from domain sales made up 23% of Anguilla's government revenue last year.
- Over 850,000 .ai domains are now registered, up from fewer than 50,000 in 2020.
- Anguilla relies on tourism, which makes up about 37% of its revenue, but is vulnerable to hurricanes.
- In 2024, Anguilla signed a deal with Identity Digital to manage its domain name income.
- Domain name hosting was moved to a global server network to reduce hurricane disruption risks.
- Anguilla is a British Overseas Territory with internal self-governance and UK defense support.
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