The founder of cryptocurrency trading site Crypto.com has bought AI.com for $70mn, the highest price ever disclosed for a domain name sale, to launch a new entrant to the artificial intelligence race.
Kris Marszalek, co-founder and chief executive of Crypto.com, plans to debut ai.com in a Super Bowl ad this weekend. The site will offer a personal “AI agent” that consumers can use to send messages, use apps and trade stocks.
“Last year an opportunity came up for me to acquire this domain and I thought if you take a long-term view — 10 to 20 years — that [AI] is going to be one of the greatest technological waves of our lifetime. And so it would be a good investment,” Marszalek told the FT.
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