Crypto.com Buys AI.com for $70M

What happened

Crypto.com acquired the AI.com domain for $70 million, establishing a new record for domain purchases. Kris Marszalek completed the acquisition ahead of the Super Bowl, marking a significant investment in brand positioning and digital real estate. This transaction reflects a substantial commitment to securing a prominent online presence within the artificial intelligence sector.

Why it matters

Investors and founders recognise escalating value in AI-centric digital assets. Crypto.com's $70 million AI.com acquisition demonstrates a clear brand strategy to dominate AI search and mindshare. This follows a pattern of significant AI infrastructure investments, including OpenAI's $1.4T and Amazon's $200B commitments. Therefore, marketing teams face increased competition for prime digital real estate, driving up acquisition costs for key AI-related brand assets.