Alibaba Cloud announced at the Wanwang rejuvenation launch conference that its domain product service has completed an AI transformation. The first domain AI application based on the Tongyi Large Model is now online, along with the addition of over 40 new domain suffixes, including '.ai', marking the official availability of '.ai' domains for record. The upgraded service includes an intelligent naming function: users can input brand information and industry, and the AI model can generate creative domain names with one click, automatically filtering their availability. This innovation transforms domain registration from 'brainpower competition' to 'computational power competition', enhancing efficiency. As the world's second-largest domain market, China is embracing this advancement.

In 2023, sales of AI domains reached 5.5 million dollars, significantly up from the previous two years. The sales of AI domains have shown a year-on-year growth trend over the past few years, and 2024 is expected to see more transactions. Elliot Silver predicts that sales of AI domains in 2024 will reach 10 million dollars. AI domains have become a hot investment topic, with auction sales in early 2024 already hitting 360,000 dollars. Market participants have varying opinions on the sales of AI domains in 2024, with expectations ranging from 8 million to 10.5 million dollars.

The market value of .AI domains has significantly increased in 2023, as 'AI' stands for artificial intelligence, garnering important attention in the tech industry. The most notable transaction occurred on October 10, 2023, when the domain 'you.ai' was acquired for $700,000. Recent data shows that there have been 2,160 .ai domains sold so far in 2023, with a total value of $4.5 million.

After the launch of ChatGPT, the demand for .ai domains surged. As the administrator of the .ai domain, Anguilla is expected to earn $25 million to $30 million in 2023. Anguilla, a small island nation in the Caribbean, relies predominantly on tourism; this revenue accounts for about a quarter of its total fiscal income. Anguilla obtained the management rights for the .ai domain in the 1990s and has long leased it at very low prices. With the explosive growth of the AI industry, the value of .ai domains has been activated, making Anguilla an unexpected beneficiary. The Pacific island nation of Tuvalu has also gained substantial revenue by leasing its .tv domain.