AI.com domain acquired in $70 million deal
Fisher who was broker for ai.com domain revealed that Crypto.com founder/CEO Kris Marszalek bought ai.com for $70mn. The payment was made in cryptocurrency. This is the largest domain name transaction ever completed. I think, “Ai.com” would be in most people’s top 5 domains they would must like to own. Really a great acquisition to build some good AI tools that would help people. Kris Marszalek plans to launch new site on this ai.com domain with 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 Online.
Kris has been assembling a dedicated AI team and building out the ai.com platform’s infrastructure. The timing of the launch, paired with a Super Bowl commercial slot that typically costs upwards of $7 million for 30 seconds of airtime, suggests this is not a soft launch. This is a consumer acquisition play designed for mass scale, mirroring the strategy Kris used when Crypto.com secured naming rights to the Los Angeles arena in a 20-year deal valued at $700 million and ran Super Bowl ads in previous years.
What ai.com actually does?
The platform allows users to generate a personal AI agent in roughly 60 seconds. The agent operates autonomously on behalf of the user, performing tasks like trading stocks, managing calendars, sending messages, automating workflows, and even updating online dating profiles. All of this runs within a secure environment where data is encrypted with user-specific keys and agents are restricted to user-defined permission limits