Crypto.com buys ai.com domain for $70M ahead of Super Bowl
Image: Primary Crypto.com founder Kris Marszalek purchased the domain AI.com for 70 million dollars. The Financial Times reported the acquisition as the priciest domain purchase in history. The deal was paid entirely in cryptocurrency to an unknown seller.
Broker Larry Fischer facilitated the sale. The transaction shatters previous records for domain purchases.
Marszalek made the purchase just in time to create a new Super Bowl ad. He plans to debut the site during the Super Bowl. The site will offer consumers a personal AI agent for messaging, app usage, and stock trading.
Marszalek told the Financial Times that taking a long term view of 10 to 20 years means AI is going to be one of the greatest technological waves of our lifetime. He made the statement in an interview with the publication.
Fischer told the Financial Times that with assets like AI.com there are no substitutes. He said the opportunity may never present itself again. The Financial Times quoted the broker on the topic.
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