A man just made $70 million in one second

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12 February 2026 - 16:35

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The simple sale of a dormant domain turned into a million-dollar profit: it’s all "the fault" of artificial intelligence

For years it sat there, silent, almost invisible. Two letters, a period, and an extension: AI.com. A simple, minimalist address, registered when the internet was still a pioneering territory. Then, suddenly, that domain became the center of one of the most sensational transactions in the history of the web: $70 million for a domain of just two characters.

We’re not talking about a publicly traded startup, nor a platform with millions of users. We’re talking about a domain purchased in 1993 for just $100 and resold in 2025 for a sum that places it among the most expensive transactions ever recorded in the sector. A change of ownership that attracted the attention of global finance, the crypto world, and the tech industry, culminating in a grand launch during Super Bowl LX.

And so, in an era where AI drives trillions of dollars in investments, a "dormant" domain has turned into a huge paycheck.

$70 million for a dormant domain

The sale of AI.com wasn’t just a digital transaction, but a true statement of intent.

Almost a year ago, the domain was sold for $70 million to Kris Marszalek, co-founder and CEO of Crypto.com.

According to unofficial sources, this is one of the most expensive domain acquisitions ever recorded, surpassing historic sales such as CarInsurance.com ($49.7 million in 2010) and Voice.com ($30 million in 2019). The transaction, according to reports, was completed entirely in cryptocurrency.

But why pay such a sum for just two letters? The answer came a few months later, during Super Bowl LX. AI.com was officially launched with a 30-second commercial during the game. A multimillion-dollar investment in visibility—consider that a 30-second commercial can cost several million dollars, and that in 2022 Crypto.com had already spent up to $7 million on a single ad—to introduce a new "agentic" artificial intelligence platform to the general public.

The stated goal is ambitious: to offer an autonomous AI agent capable of managing real-world tasks on the user’s behalf. Not only answering questions, but also organizing calendars, automating workflows, sending messages, completing complex tasks across multiple applications, and even trading on financial markets.

The debut, however, wasn’t without its setbacks. The massive traffic generated by the ad caused 504 errors and slowdowns, leaving the site temporarily unavailable. Marszalek attributed the problem to "incredible traffic levels" that exceeded expectations, even triggering Google restrictions.

Despite the technical difficulties, the media impact was enormous: the AI.com ad attracted up to 9.1 times higher engagement than the average for other Super Bowl brands, according to EDO rankings.

The domain, first registered in 1993 and having survived the dot-com boom and bust, has thus returned to prominence in the age of artificial intelligence. No longer a parked address, but the symbol of a new technological era.

Who is the man behind the record sale?

If AI.com is worth $70 million today, the credit—or the fortune—goes to Arsyan Ismail, a Malaysian tech entrepreneur with a story straight out of a movie.

In 1993, he was just 10 years old when he decided to register AI.com, spending $100 with his mother’s credit card. He had no idea how artificial intelligence would explode. The letters "A" and "I" were simply his initials.

At the time, the very idea of buying a web address was so uncommon that his mother was confused when she saw the charge on her bank statement. What might have seemed like a childish whim has turned into one of the most profitable operations in digital history.

Now 43, Arsyan is a well-known figure in the Malaysian tech ecosystem. He has worked on internet projects since he was a teenager, contributing to early social media platforms like Kawanster and Friendster. He later served as a senior programmer at Nuffnang, a major blog advertising network, before founding his own company, 1337 Tech, in 2013.

His interest in digital assets has never waned. He was an early adopter of Bitcoin and collected rare digital identifiers like ENS names and ultra-short email addresses. AI.com was just one of his most valuable assets.

In March 2025, the domain was initially listed for $100 million. A month later, in April, the deal with Marszalek was finalized for $70 million. Arsyan later stated that in negotiations of this magnitude, it’s crucial not to be too aggressive: pushing too hard can ruin the deal. In an instant, a $100 investment turned into a $70 million return!

What’s Next for AI.com

As mentioned, with this acquisition, AI.com has become part of Kris Marszalek’s long-term strategy. After purchasing the Crypto.com domain for $10 million in 2018, the CEO now aims to make AI.com the global reference for agentic artificial intelligence.

The platform, currently in beta, allows users to reserve a username and "AI handle" to create their own personal agent. Basic access is free, while subscription levels with advanced capabilities and higher usage limits are available.

According to Marszalek’s vision, AI.com wants to build a decentralized network of billions of autonomous agents capable of self-improvement and sharing progress, accelerating the arrival of AGI (Artificial General Intelligence). This statement comes amid massive investment in the sector: global spending on AI is expected to reach nearly $1.5 trillion by 2025.

There has been some criticism, however. During the onboarding phase, users are asked to connect a Google account and enter a credit card for verification, a move that has raised concerns online, especially given the lack of fully operational tools at launch. The company explained that the verification serves to prevent abuse and prove human identity.

AI.com, according to spokespeople, combines proprietary specifications with open-source capabilities that have been improved in terms of technology and security. And it’s already looking beyond: integrations with financial services, agent marketplaces, and hybrid human-agent social networks are among the options being explored.

Buying AI.com isn’t just about owning a domain; it’s about owning a universal touchpoint, two letters that identify an entire industry. In an era where artificial intelligence is poised to reshape the economy and work, controlling that name is like symbolically guarding the future.

Original article published on Money.it Italy. Original title: Un uomo ha appena guadagnato $70 milioni in un secondo

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