Artificial intelligence (AI) is one of the hottest technologies in the world right now, and that’s having a ripple effect on the domain name market. Tech start-ups that want to use an AI-related domain name are paying top dollar to secure them.<\/p>\n
One example is Ian Leaman, who recently paid $12,000 for the domain name Pantry.ai. Leaman’s business uses AI to help manufacturers of consumer goods accurately calculate how many products they need to manufacture for future orders.<\/p>\n
\u00a0<\/span>Leaman says he’s happy he secured the memorable website address, even though it was expensive. He says that having a strong noun in the domain name is important for online branding. Another example is the domain name npc.ai, which sold for $250,000 this year. And the domain name service.ai sold for $127,500.<\/p>\n The demand for them is high and AI start-ups are eager to get their hands on AI-related domain names, and investors are also interested in buying them up. Also, the supply of AI domain names is limited. There are only a few hundred AI domain names available, and the best ones have already been taken.<\/p>\n