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.AI Domain Names Appreciates by $20 Million this year.

Author

Magna Ding
November 14, 2023

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Welcome to The AI Secrets. Let’s explore the Most Advanced AI News and understand how to Utilise AI to Boost your Productivity and Accelerate your career.

Today’s MENU

  1. 💵.AI Domain Names Appreciates by $20 Million this year.

  2. 🎓FlotAI Tutorial: Efficiently Compose Emails from Scratch.

  3. ✨AI Toolbox: Top AI tools to Maximize your Productivity.

  4. 🧠Advanced AI News: Let's Examine the Latest Developments in the Realm of AI.

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Today’s Headline

Tech entrepreneur, Ian Leaman, found the need to purchase a domain name, Pantry.ai for his newly established AI startup, but quickly realized it would come at a high cost, as it had already been registered. Negotiations were made, and he eventually secured the domain for $12,000.

🗝️ What you should know:

  • The cost of AI domain names is at a peak given the rising interest in AI startups and technology. For instance, the domain names npc.ai and service.ai were sold for $250,000 and $127,500 respectively.

  • The total value of all domain names including AI reportedly increased to $20 million in August, a sizeable increment compared to the previous year's $7 million.

  • The domain names related to AI are reportedly purchased by startups looking to secure their online names and speculators intending to resell these domains for profit. One instance had an AI domain being bought for $300,000 and later sold for $1.5m.

  • Having a concise, easily memorable domain name could potentially enhance company visibility in internet search results and be better remembered by consumers. It can also be viewed as a permanent discount on your marketing budget.

Leaman believes that having the .ai suffix in a domain name is beneficial, as it represents the AI used by his company. Despite the high costs, demand for AI-related website addresses continues to rise.

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⏳️ Today’s Advanced AI News

Google sues scammers over fake Bard AI malware

Google filed a lawsuit against anonymous individuals for selling fake downloads of its AI chatbot, Bard, to install malware and steal social media credentials. The defendants, known as Does 1-3, allegedly used Google's trademarks to trick users into downloading the malware. The lawsuit, aiming to block the scheme, also accused the defendants of violating Google's terms of service by impersonating the company and hosting the malware on Google Sites and Google Drive.

https://www.reuters.com/legal/transactional/google-sues-scammers-over-fake-bard-ai-malware-2023-11-13/

Breakingviews - Palantir’s mythology is far too precious

Palantir Technologies' mythos and high demand for AI capable of analyzing hefty amounts of data have elevated its value, but financial realities show its worth may be inflated. Though its software helps customers decipher complex data, Palantir's growth forecast remains lower than its rival companies. It largely relies on government contracts, which could be jeopardized by political issues.

www.reuters.com/breakingviews/palantirs-mythology-is-far-too-precious-2023-11-13

Nvidia upgrades flagship chip to handle bigger AI systems

Nvidia has unveiled an upgrade to its top AI chip, the H200, which offers more high-bandwidth memory for faster data processing. The H200's enhanced high-bandwidth memory—increased to 141GB from 80GB—will allow AI services to respond quicker.

www.reuters.com/technology/nvidia-upgrades-flagship-chip-handle-bigger-ai-systems-2023-11-13

🌟Today’s Newsletter is Written by our Co-founder & Flot.ai Copilot.

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