Crypto.com Founder Makes Record-Breaking Bet on AI with $70 Million Domain Purchase
In a move that's sending shockwaves through the tech world, Crypto.com founder Kris Marszalek has splashed out $70 million on the domain name AI.com, according to reports. The transaction is believed to be the single largest domain purchase in history, although some experts have questioned whether it could be topped by even bigger deals.
The new company, AI.com, promises to revolutionize the field of artificial intelligence with a platform that allows users to generate their own private AI agents. These digital assistants will supposedly be able to perform tasks such as sending messages, building projects, trading stocks, and even updating dating profiles - all while operating in a secure environment protected by user-specific encryption keys.
Marszalek has hailed the move as "a fundamental shift" in AI's evolution, predicting that a decentralized network of billions of self-improving agents will soon become a reality. He believes this could accelerate the development of advanced artificial general intelligence (AGI) and unlock unprecedented levels of agentic capability.
The CEO is confident that his company can replicate its success with Crypto.com - which was built from scratch in 2016 and has since grown to become one of the world's largest crypto exchanges, boasting over 150 million retail users. Marszalek seems undaunted by the challenge ahead, stating bluntly: "We will make this [AI.com] work one way or another."
The AI.com platform is set to launch on Sunday, with a Super Bowl commercial serving as its marketing hook. It remains to be seen whether the company can live up to its ambitious vision, but one thing is clear: Marszalek has made a significant bet on the future of artificial intelligence - and it's worth watching to see how this story unfolds.
In a move that's sending shockwaves through the tech world, Crypto.com founder Kris Marszalek has splashed out $70 million on the domain name AI.com, according to reports. The transaction is believed to be the single largest domain purchase in history, although some experts have questioned whether it could be topped by even bigger deals.
The new company, AI.com, promises to revolutionize the field of artificial intelligence with a platform that allows users to generate their own private AI agents. These digital assistants will supposedly be able to perform tasks such as sending messages, building projects, trading stocks, and even updating dating profiles - all while operating in a secure environment protected by user-specific encryption keys.
Marszalek has hailed the move as "a fundamental shift" in AI's evolution, predicting that a decentralized network of billions of self-improving agents will soon become a reality. He believes this could accelerate the development of advanced artificial general intelligence (AGI) and unlock unprecedented levels of agentic capability.
The CEO is confident that his company can replicate its success with Crypto.com - which was built from scratch in 2016 and has since grown to become one of the world's largest crypto exchanges, boasting over 150 million retail users. Marszalek seems undaunted by the challenge ahead, stating bluntly: "We will make this [AI.com] work one way or another."
The AI.com platform is set to launch on Sunday, with a Super Bowl commercial serving as its marketing hook. It remains to be seen whether the company can live up to its ambitious vision, but one thing is clear: Marszalek has made a significant bet on the future of artificial intelligence - and it's worth watching to see how this story unfolds.