Reported about 1 month ago
The Caribbean island of Anguilla has capitalized on the AI boom through its ownership of the .ai internet domain, boosting its revenues from domain registration fees to $32 million last year—20% of its total government revenue. This growth, which saw domain registrations surge over tenfold since 2018, is fueling key projects like airport expansion and medical care for seniors. Despite this financial windfall, Premier Ellis Webster emphasizes the need for economic diversification to mitigate potential future downturns.
Source: YAHOO