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The Caribbean island making millions from the AI boom

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Jacob EvansBBC World Service

Getty Images A beach in AnguillaGetty Images

Anguilla is a British Overseas Territory renowned for its pristine beaches

Back in the 1980s when the internet was still in its infancy, countries were being handed their own unique website addresses to navigate this nascent new online world. Such as .us for the US or .uk for the UK.

Eventually, almost every country and territory had a domain based on either its English or own language name. This included the small Caribbean island of Anguilla, which landed the address .ai.

Unbeknownst to Anguilla at the time, this would become a future jackpot.

With the continuing boom in artificial intelligence (AI), more and more companies and individuals are paying Anguilla, a British Overseas Territory, to register new websites with the .ai tag.

Such as US tech boss Dharmesh Shah, who earlier this year spent a reported $700,000 (£519,000) on the address you.ai.

Speaking to the BBC, Mr Shah says he purchased it because he had “an idea for an AI product that would allow people to create digital versions of themselves that could do specific tasks on their behalf”.

The number of .ai websites has increased more than 10-fold in the past five years, and has doubled in the past 12 months alone, according to a website that tracks domain name registrations.

The challenge for Anguilla, which has a population of just 16,000 people, is how to harness this lucrative bit of luck and turn it into a long-term and sustainable source of income.

Similar to other small Caribbean islands, Anguilla’s economy is built on a bedrock of tourism. Recently, it’s been attracting visitors in the luxury travel market, particularly from the US.

Anguilla’s statistics department says there was a record number of visitors to the island last year, with 111,639 people entering its shores.

Yet Anguilla’s tourism sector is vulnerable to damage from hurricanes every autumn. Situated in the northeast of the Caribbean island arc, Anguilla lies perfectly within the North Atlantic hurricane belt.

So gaining an increasing income from selling website addresses is playing an important role in diversifying the island’s economy, and making it more resilient to the financial damage that storms may bring. This is something that the International Monetary Fund (IMF) noted in a recent report on Anguilla.

HubSpot A picture of Dharmesh Shah stood at a slight angle smiling at the camera. He's Indian, in his 50's and wearing a blue t-shirt with black hair and a grey beard.HubSpot

Dharmesh Shah is said to have spent $700,000 on the domain you.ai

In its draft 2025 budget document, the Anguillian government says that in 2024 it earned 105.5m East Caribbean dollars ($39m; £29m) from selling domain names. That was almost a quarter (23%) of its total revenues last year. Tourism accounts for some 37%, according to the IMF.

The Anguillian government expects its .ai revenues to increase further to 132m Eastern Caribbean dollars this year, and to 138m in 2026. It comes as more than 850,000 .ai domains are now in existence, up from fewer than 50,000 in 2020.

As a British Overseas Territory, Anguilla is under the sovereignty of the UK, but with a high level of internal self-governance.

The UK has significant influence on the island’s defence and security, and has provided financial assistance during times of crisis. After Hurricane Irma severely damaged it in 2017, the US gave £60m to Anguilla over five years to help meet the repair bill.

The UK’s Foreign, Commonwealth and Development Office tells the BBC it welcomes Anguilla’s efforts “to find innovative ways to deliver economic growth” as it helps “contribute to Anguilla’s financial self-sufficiency”.

A map showing Anguilla's location in the Caribbean

To manage its burgeoning domain name income, in October 2024 Anguilla signed a five-year deal with a US tech firm called Identity Digital, which specialises in internet domain name registries.

At the start of this year, Identity Digital announced that it had moved where all the .ai domains are hosted, from servers in Anguilla, to its own global server network. This is to prevent any disruption from future hurricanes, or any other risks to the island’s infrastructure, such as power cuts.

The exact cost of .ai addresses isn’t publicly disclosed, but registration prices are said to start from roughly $150 to $200. With renewal fees of around the same amount every two years.

At the same time, more in-demand domain names are auctioned off, with some fetching hundreds of thousands of US dollars. The owners of these then have to pay the same small renewal fees as everyone else.

In all cases, the government of Anguilla gets the sales revenue, with Identity Digital getting a cut said to be around 10%. However, they appear to be sensitive about the topic, as both declined to be interviewed for this article.

Currently the most expensive .ai domain name purchase is Mr Shah’s you.ai.

A self-confessed AI-enthusiast, and co-founder of US software company Hubspot, Mr Shah has several other .ai domain addresses to his name, but the flagship you.ai is not yet operational as he’s been busy with other projects.

Mr Shah says he buys domain names for himself, but will occasionally look to sell “if I don’t have immediate plans for it, and there’s another entrepreneur that wants to do something with the name”.

Mr Shah believes that another person or company will soon set a new record for the highest price of an .ai domain purchase, such is the continuing excitement around AI.

But he adds: “Having said that, I still think over the long-term, .com domains will maintain their value better and for longer.”

In recent weeks, .ai auctions have seen major six-figure sales. In July, cloud.ai sold for a reported $600,000 and law.ai sold for $350,000 earlier this month.

Getty Images A satellite image of three hurricanes hitting the Caribbean at the same time in September 2017. From left to right - Katia, Irma, and JoseGetty Images

The Caribbean was hit by three hurricanes at the same time in September 2017 – Katia, Irma and Jose

However, Anguilla’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.

Reports say this granted exclusive rights to US domain name registry firm, VeriSign in exchange for $2m a year, which later rose to $5m.

A decade later and with the internet expanding exponentially, Tuvalu’s finance minister, Lotoala Metia, said VeriSign, paid “peanuts” for the right to run the domain name. The country signed a new deal with a different domain provider, GoDaddy, in 2021.

Anguilla is operating in a different fashion, having handed over management of the domain name in a revenue-sharing model, not a fixed payment.

Cashing in on this new line of income sustainably has been a major goal for the island. It’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.

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.



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Greater collaboration in AI high on agenda

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An attendee interacts with a robot during the 2025 SCO Digital Economy Forum in Tianjin on July 11. TONG YU/CHINA NEWS SERVICE

The Shanghai Cooperation Organization remains committed to deepening pragmatic cooperation in artificial intelligence, and China”s rapid development in the field is drawing growing attention from other SCO countries, officials and experts said.

AI cooperation is among the fastest-growing areas within the SCO. In recent years, a series of important multilateral agreements have been concluded and member states have adopted a plan for cooperation on AI development, said SCO Deputy Secretary-General Oleg Kopylov.

“Within the SCO framework, we will promote the interconnection of AI and digital infrastructure, improve the AI ecosystem, foster coordinated development across national industries, and at the same time strengthen academic exchanges and cooperation on talent cultivation,” Kopylov said.

China and other SCO countries are continuously deepening exchanges and cooperation in AI, with a number of enterprises and projects actively participating and achieving notable results, said Huang Ru, an official with the National Development and Reform Commission.

Huang said “AI-plus agriculture “is transforming the face of the industry, and is also a microcosm of how China is providing the world with various AI-powered products.

In May, usually a month of bumper soybean harvest, Ji Jiangtao, a technician from Tianjin-based agricultural machinery manufacturer Nongxin Technology, was in Ussuriysk in Russia’s Far East training local farmers to use automatic navigation for agricultural machinery.

Ji said the machines execute operations precisely along preset routes through positioning technology coupled with AI algorithms. The system employs an adaptive path-tracking algorithm and can navigate in straight lines as well as curved, circular and automatic U-turn modes, effectively enhancing operational efficiency.

“We are continuously intensifying research in smart agriculture, and have already sold dozens of sets of agricultural machinery automatic navigation systems to Russia,” said Yan Bingxin, a senior engineer at Nongxin Technology.

In another case, a pool-cleaning robot from China, remotely operated via a mobile app, is gaining popularity in Kazakhstan as it leverages an integrated infrared-ultrasonic sensor suite and AI-driven path planning to methodically clean every part of the pool.

“Users can monitor both the route and the process even when they are away,” noted Yu Guoxing, a manager at Deepinfar Ocean Technology. He said that a Kazakh distributor has placed a single order for 40 units, while the appeal of underwater intelligent devices is also drawing interest from users in Russia and Tajikistan.

Industry observers say these discrete pilots are not isolated. Together, they sketch an emerging regional latticework of innovation. Teng Bingsheng, professor of strategic management and associate dean for strategic research at Cheung Kong Graduate School of Business, said China’s advances in AI applications can help other participating countries achieve leapfrog development and narrow the digital technology divide.

The SCO encompasses 42 percent of the world’s population, offering abundant application scenarios and vast data resources for AI, Teng said.

Such regional cooperation helps build a more open and inclusive AI ecosystem, contributes an “SCO approach” to global AI governance, and promotes better use of AI in serving regional development and improving people’s livelihoods, Teng added.

Beyond firm-led pilot projects, governments of the SCO countries are articulating national AI adoption pathways. Kyrgyzstan, for instance, hopes to study in-depth and draw on the technological achievements and practical experience of China and other member states in the field of AI.

“China serves as a model for us in developing AI. The Chinese government has continuously increased its efforts in AI technology and resource investment, and has introduced a series of supportive policies that have produced remarkable results,” said Azat Ibraimov, director for management and monitoring of the implementation of decisions of the Presidential Administration of Kyrgyzstan.

Ibraimov said China has introduced many advanced AI models and platforms whose open, shared technological resources provide useful references for other countries.

With China’s experience, Kyrgyzstan aims to develop AI technologies suited to its own national conditions and gradually narrow the gap with more technologically advanced nations, he said.

Another SCO member state, Tajikistan, is among the early adopters of AI among the five Central Asian countries and has designated 2025-30 the Years of Digital Economy and Innovation Development.

Azizjon Azimi, chairman of the AI Council under Tajikistan’s Ministry of Industry and New Technologies, said the digital economy can only flourish with AI as an enabling force and that AI has strongly propelled the country’s economic development.

“We are amazed by the pace and scale of China’s AI development. China commands strong research and development strengths. Meanwhile, Tajikistan, as a leading nation in green hydropower, can furnish training resources to support China’s frontier large models, helping more innovations like DeepSeek to arise and unlocking greater growth potential,” Azimi said.



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Why our business is going AI-in-the-loop instead of human-in-the-loop

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True story: I had to threaten Replit AI’s brain that I would report it’s clever but dumb suggestions to the AI police for lying.

I also told ChatGPT image creation department how deeply disappointed I was that it could not, after 24 hrs of iterations, render the same high-quality image twice without changing an item on the image or misspelling. All learnings and part of the journey.

We need to remain flexible and open to new tools and approaches, and simultaneously be laser focused. It’s a contradiction, but once you start down this road, you will understand. Experimentation is a must. But it’s also important to ignore the noise and constant hype and CAPS.

How our business’ tech stack evolves

A few years ago, we started with ChatGPT and a few spreadsheets. Today, our technology arsenal spans fifteen AI platforms, from Claude and Perplexity to specialised tools like RollHQ for project management and Synthesia for AI video materials. Yet the most important lesson we’ve learned isn’t about the technology itself. It’s about the critical space between human judgment and machine capability.

The data tells a compelling story about where business stands today: McKinsey reports that 72 percent of organizations have adopted AI for at least one business function, yet only one percent believe they’ve reached maturity in their implementation. Meanwhile, 90 percent of professionals using AI report working faster, with 80 percent saying it improves their work quality.

This gap between widespread adoption and true excellence defines the challenge facing every service organisation today, including our own.

Our journey began like many others, experimenting with generative AI for document drafting and research. We quickly discovered that quality was low and simply adding tools wasn’t enough. What mattered was creating a framework that put human expertise at the center while leveraging AI’s processing power. This led us to develop what we call our “human creating the loop” approach, an evolution beyond the traditional human-in-the-loop model. It has become more about AI-in-the-loop for us than the other way round.

The distinction matters.

Human-in-the-loop suggests people checking machine outputs. Human creating the loop means professionals actively designing how AI integrates into workflows, setting boundaries, and maintaining creative control. Every client deliverable, every strategic recommendation, every customer interaction flows through experienced consultants who understand context, nuance, and the subtleties that define quality service delivery.

Our evolving tech stack

Our technology portfolio has grown strategically, with each tool selected for specific capabilities.

Each undergoes regular evaluation against key metrics, with fact-checking accuracy being paramount. We’ve found that combining multiple tools for fact checking and verification, especially Perplexity’s cited sources with Claude’s analytical capabilities, dramatically improves reliability.

The professional services landscape particularly demonstrates why human judgment remains irreplaceable. AI can analyse patterns, generate reports, and flag potential issues instantly. But understanding whether a client concern requires immediate attention or strategic patience, whether to propose bold changes or incremental improvements; these decisions require wisdom that comes from experience, not algorithms.

That’s also leaving aside the constant habit of AI generalising, making things up and often blatantly lying.

For organisations beginning their AI journey, start with clear boundaries rather than broad adoption.

Investment in training will be crucial.

Research shows that 70 percent of AI implementation obstacles are people and process-related, not technical. Create internal champions who understand both the technology and your industry’s unique requirements.

Document what works and what doesn’t. Share learnings across teams. Address resistance directly by demonstrating how AI enhances rather than replaces human expertise.

The data supports this approach. Organisations with high AI-maturity report three times higher return on investment than those just beginning. But maturity doesn’t mean maximum automation. It means thoughtful integration that amplifies human capabilities.

Looking ahead, organisations that thrive will be those that view AI as an opportunity to elevate human creativity rather than replace it.

Alexander PR’s AI policy framework

Our approach to AI centres on human-led service delivery, as outlined in our core policy pillars:

  1. Oversight: Human-Led PR

We use AI selectively to improve efficiency, accuracy, and impact. Every output is reviewed, adjusted, and approved by experienced APR consultants – our approach to AI centres on AI-in-the-loop assurance and adherence to APR’s professional standards.

  1. Confidentiality

We treat client confidentiality and data security as paramount. No sensitive client information is ever entered into public or third-party AI platforms without explicit permission.

  1. Transparency

We are upfront with clients and stakeholders about when, how, and why we use AI to support our human-led services. Where appropriate, this includes clearly disclosing the role AI plays in research, content development, and our range of communications outputs.

  1. Objectivity

We regularly audit AI use to guard against bias and uphold fair, inclusive, and accurate communication. Outputs are verified against trusted sources to ensure factual integrity.

  1. Compliance

We adhere to all applicable privacy laws, industry ethical standards, and our own company values. Our approach to AI governance is continuously updated as technology and regulation evolve.

  1. Education

Our team stays up to date on emerging AI tools and risks. An internal working group regularly reviews best practices and ensures responsible and optimal use of evolving technologies.

This framework is a living document that adapts as technology and regulations evolve. The six pillars provide structure while allowing flexibility for innovation. We’ve learned transparency builds trust. Clients appreciate knowing when AI assists in their projects, understanding it means more human time for strategic thinking.

Most importantly, we’ve recognised our policy must balance innovation with responsibility. As new tools emerge and capabilities expand, we evaluate them against our core principle: does this enhance our ability to deliver exceptional service while maintaining the trust our clients place in us?

The answer guides every decision, ensuring our AI adoption serves our mission rather than defining it.

For more on our approach and regular updates on all things AI reputation, head to Alexander PR’s website or subscribe to the AI Rep Brief newsletter.



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