{"id":110480,"date":"2025-09-03T02:11:18","date_gmt":"2025-09-03T02:11:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/110480\/"},"modified":"2025-09-03T02:11:18","modified_gmt":"2025-09-03T02:11:18","slug":"anguilla-the-caribbean-island-making-millions-from-the-ai-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/110480\/","title":{"rendered":"Anguilla: The Caribbean island making millions from the AI boom"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">However, Anguilla&#8217;s position is not without precedent. The similarly tiny Pacific island nation of Tuvalu signed an exclusive deal in 1998 to license its .tv domain name.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Reports say this granted exclusive rights to US domain name registry firm, VeriSign in exchange for $2m a year, which later rose to $5m.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A decade later and with the internet expanding exponentially, Tuvalu&#8217;s finance minister, Lotoala Metia, said VeriSign, paid &#8220;peanuts&#8221; for the right to run the domain name. The country signed a new deal with a different domain provider, GoDaddy, in 2021.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Anguilla is operating in a different fashion, having handed over management of the domain name in a revenue-sharing model, not a fixed payment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Cashing in on this new line of income sustainably has been a major goal for the island. It&#8217;s hoped the increasing incomings will allow for a new airport to be built to facilitate tourism growth, as well as fund improvements to public infrastructure and access to health care.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">As the number of registered .ai domains hurtles toward the million mark, Anguillians will hope this money is managed safely and invested in their future.<\/p>\n","protected":false},"excerpt":{"rendered":"However, Anguilla&#8217;s position is not without precedent. The similarly tiny Pacific island nation of Tuvalu signed an exclusive&hellip;\n","protected":false},"author":2,"featured_media":110481,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,86,56,54,55],"class_list":["post-110480","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/110480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=110480"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/110480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/110481"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=110480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=110480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=110480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}