Article 7340V How a 15,000-Person Island Stumbled Into a $70 Million AI Windfall

How a 15,000-Person Island Stumbled Into a $70 Million AI Windfall

by
msmash
from Slashdot on (#7340V)
An anonymous reader shares a report: From Sandisk shareholders to vibe coders, AI is making -- and breaking -- fortunes at a rapid pace. One unlikely beneficiary has been the British Overseas Territory of Anguilla, which lucked into a future fortune when ICANN, the Internet Corporation for Assigned Names and Numbers, gave the island the ".ai" top-level domain in the mid-1990s. Indeed, since ChatGPT's launch at the end of 2022, the gold rush for websites to associate themselves with the burgeoning AI technology has seen a flood of revenue for the island of just ~15,000 people. In 2023, Anguilla generated 87 million East Caribbean dollars (~$32 million) from domain name sales, some 22% of its total government revenue that year, with 354,000 ".ai" domains registered. As of January 2, 2026, the number of ".ai" domains surpassed 1 million, per data from Domain Name Stat -- suggesting that the nation's revenue from ".ai" has likely soared, too. This is confirmed in the government's 2026 budget address, in which Cora Richardson Hodge, the premier of Anguilla, said, "Revenue from domain name registration continues to exceed expectations."

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