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AI.com Launches After $70 Million Sale and a Super Bowl Debut
Kris Marszalek paid a record $70 million in cryptocurrency for AI.com to build a flagship A.I. platform with celebrity partnerships and aggressive marketing.
- Last year, Kris Marszalek, CEO of Crypto.com, paid a record $70 million in cryptocurrency for the domain AI.com, which officially launched yesterday with a Super Bowl ad.
- With a 10-to-20-year view, Marszalek said he bought AI.com as a strategic branding move to mainstream A.I. agents, drawing on his Crypto.com experience.
- Larry Fischer, director of GetYourDomain.com, brokered the sale after former owner Arsyan Ismail vetted buyers and declined higher offers; the deal eclipsed the $49.7 million record for CarInsurance.com.
- The service launched yesterday with a free tier, paid subscriptions, and plans for financial and social-network integrations, leveraging Crypto.com’s scale with more than 150 million users and celebrity partner Matt Damon.
- Amid an A.I. buying spree, the domain-name trading market booms while some A.I. sector investors remain jittery despite analysts saying the $70 million purchase could look like a canny investment.
14 Articles
14 Articles
Crypto.com CEO Kris Marszalek’s $70M A.I. Bet Takes Center Stage at Super Bowl
The Seattle Seahawks may have dominated the Super Bowl. But when it comes to the event’s famed advertisements, A.I. was the real winner. A.I. appeared across nearly one-quarter of this year’s Super Bowl ads, including spots in which Anthropic pledged an ad-free version of Claude, Meta showed off its smart glasses, and Salesforce tapped MrBeast to promote its A.I. agent. The most direct reference to A.I., however, belonged to an ad from AI.com, a…
AI.com sells for $70 million in record-breaking domain deal
AI.com has been sold for $70 million, setting a new record for domain name transactions. The sale more than doubles the previous $30 million benchmark and reflects the growing value placed on short, category-defining internet addresses tied to artificial intelligence. GetYourDomain.com said it handled the transaction, which it described as the largest domain name sale ever completed. The firm represented the seller and worked with executives, le…
The co-founder and CEO of Crypto.com, one of the world’s largest cryptocurrency exchanges, has launched an artificial intelligence (AI) platform called AI.com, which he acquired for $70 million, according to the Financial Times. According to a press release, the platform will allow users to create their own AI agent, which can trade stocks, automate tasks, send messages and even update profiles on dating apps. All of the users’ AI agents will op…
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