At $70 million, AI.com is now the most expensive domain name ever sold

midian182

Posts: 11,616   +175
Staff member
Winners & losers: The world's most expensive domain name sale has taken place. It was for AI.com, which was bought by the founder and CEO of Crypto.com for an incredible $70 million. Unsurprisingly, the deal was paid for entirely using cryptocurrency.

Kris Marszalek bought AI.com from an unknown seller ahead of the Super Bowl, so an ad for the site could air during the game. Unfortunately, shortly after the ad ran, many noticed the website was down.

The $70 million Marszalek paid smashes the previous domain name sales record – the $49.7 million paid for CarInsurance.com. It's double the $35 million it cost to buy VacationRentals.com, while Voice.com went for $30 million. Also on the list are PrivateJet.com ($30 million), 360.com ($17 million), and Sex.com, which has sold twice for over $13 million.

Paying $70 million for a domain name, even one as coveted as AI.com, sounds insane, but Marszalek believes his purchase represents a good deal. "With assets like AI.com, there are no substitutes," Broker Larry Fischer, who facilitated the sale, told the Financial Times. "When one becomes available, the opportunity may never present itself again."

Despite the eye-watering price, Marszalek's purchase also highlights how fiercely contested AI branding has become. As companies race to stake their claim in the space, owning a simple, instantly recognizable domain could prove just as valuable as the technology built behind it.

AI.com offers customers personal AI agents, both free and subscription-based, for the likes of messaging, app usage, stock trading, even making dating profiles.

According to the site, the agents operate on the user's behalf – organizing work, building projects, etc. Users can have multiple agents performing multiple tasks. This is apparently done while respecting their privacy and remaining permission-based. It's unclear whether AI.com uses its own models or licenses them from others.

Marszalek is certainly confident that artificial intelligence isn't going to be the bubble many claim it is. "If you take a long-term view – 10 to 20 years – [AI] is going to be one of the greatest technological waves of our lifetime," he told the FT.

Buying an appropriate and catchy domain name doesn't always guarantee success. In February 2018, Arizona resident Richard Blair paid $10,000 for the Lambo.com domain, likely hoping to make a tidy profit by selling it – Lambo is a popular nickname for the company. But the $75 million he wanted proved too excessive, so a court made him turn it over to the car company for nothing. Not only did he lose the $10,000 he paid, but he's also on the hook for the legal fees.

Permalink to story:

 
FFS. There’s always a few of these peeps in the room, eh?

You cannot mass-automate human-to-human communication. That’s nothing but a fast track to distrust. Using AI to summarize emails or automate boring workflows is one thing. Using it to stand in for you is other-level stupid IMHO.

Communication is how people signal intent and character. Once agents start doing that on your behalf, every interaction becomes suspect by default.

Dating is a perfect example because the stakes are emotional. People already feel burned by filters, ghostwriting, and fake personas. If I find out the person I’m talking to outsourced their personality to an AI, I’m certainly not thinking “wow, your efficiency is so sexy!”

This is exactly the kind of thing people are calling slop—not necessarily because they’re anti-AI, but because they’re anti being manipulated in what’s supposed to be human spaces.

I hope this particular vision tanks hard. Not everything that can be automated should be, and replacing authenticity with agents is about the worst possible lesson to learn the hard way.
 
Crazy! What reasoning was used to come to the conclusion that such a move was a good idea?
 
Back