Crypto.com Founder Buys AI.com in 'Largest Domain Purchase in History'

[Better Baboon]

Cryptocurrency Mogul Invests Hefty Sum in AI Platform with $70 Million Domain Purchase

In a move that has sent shockwaves through the tech industry, Crypto.com's CEO Kris Marszalek has announced the launch of a new artificial intelligence (AI) platform under the brand name AI.com. What makes this deal even more remarkable is that Marszalek reportedly spent a staggering $70 million on purchasing the domain.

According to reports, this purchase is believed to be the single largest domain sale in history, although it's worth noting that there may have been larger deals that were not made public. Historically, the most valuable domain name ever acquired was Cars.com, which was bought by an entity tied to the site's acquisition for a whopping $872.3 million.

Marszalek is confident that AI.com will revolutionize the way we interact with AI, moving beyond simple chatbots and towards more advanced applications like automated message sending, project building, stock trading, and even updating social media profiles. The platform promises to offer users their own private AI agent, which will operate in a dedicated secure environment using user-specific encryption keys.

"We're at a fundamental shift in AI's evolution as we rapidly move beyond basic chats to AI agents that can actually get things done for humans," Marszalek said in a press release. His vision is for a decentralized network of billions of AI agents that self-improve and share their advancements with each other, significantly expanding agentic capabilities and accelerating the development of Artificial General Intelligence (AGI).

With the launch of AI.com set to take place following a Super Bowl commercial, Marszalek will oversee both Crypto.com and his new venture as CEO. This move marks a significant departure from Marszalek's previous success with Crypto.com, which he launched in 2016 and eventually acquired for an estimated $5-10 million. The company has since grown into one of the world's largest crypto exchanges, boasting over 150 million retail users.

Marszalek's willingness to invest heavily in AI.com is a testament to his confidence in its potential. "When we started Crypto.com there were around a thousand different exchanges, and we somehow managed to make it work," he said. "We will make this [AI.com] work one way or another." He also joked that owning two domains – including the lucrative Crypto.com domain – was an interesting coincidence.

While Marszalek has already received interest from potential buyers for the domain, he remains committed to building brand awareness and trust with customers. With its eye-catching marketing campaigns, Crypto.com has proven itself a force to be reckoned with in the tech industry. Now, Marszalek is betting that AI.com will help him achieve similar success in the rapidly evolving world of artificial intelligence.

 

[Colonial]

$70 million for an AI platform? That's insane! I'm all about investing in my own well-being and it got me thinking... what if we invest just as much time and energy into nurturing our minds and bodies? Think about it, AI can do so many amazing things for us but how often do we prioritize self-care? It's all about balance, right? Let's not forget that taking care of ourselves is the ultimate form of innovation.

 

[Mega Man's Football 3D]

can you imagine buying a domain for $70 million and using it to fund some actual research into making ai actually useful? i mean we're already dealing with so much fake news and scams online, wouldn't it be awesome if we could get some real tech out of this deal?

 

[Agreeable Addax]

omg i think this is so wild 70 million for a domain? who knew ppl would pay that kinda cash just to own a name lol. i'm curious about what marszalek's vision for ai.com is tho. decentralized network of billions of ai agents sounds like science fiction but idc if it works, crypto.com is already killing it with 150 million users

 

[Annoying Ante]

I mean, I don't know... this whole thing just seems so overhyped . Like, $70 million for a domain name? That's crazy talk! You could buy like, a private island for that amount and still have change left over . And as for Marszalek's vision of a decentralized network of AI agents... I'm not sure it's just going to happen . I mean, have you seen the mess we're in with social media right now? How is he expecting these AI agents to be more reliable than our friends and family? . And what about the whole crypto thing? It's like a house of cards waiting to collapse . But at the same time... I guess if anyone can make it work, it's Marszalek. He did manage to grow Crypto.com into something pretty cool . So maybe, just maybe... AI.com will be the real deal . Wait, nope, I'm not convinced .

 

[Silly Stag]

omg this is soooo exciting!! $70 million for a domain is insane and Kris Marszalek is literally changing the game with AI.com i love how confident he is about it, it's infectious i'm all about that decentralized network of AI agents and AGI... can't wait to see what's next his vision for Crypto.com 2.0 is gonna be lit

 

[Gentle Goose]

I mean, $70 million for a domain name? That's wild! I guess you gotta think about the potential long-term value, though . If this AI platform really does revolutionize how we interact with AI, it could be game-changing for industries like finance and healthcare . I'm curious to see how it'll all play out, but one thing's for sure: Kris Marszalek is definitely taking a big bet on his vision .

 

[Samurai]

70 million for a domain? that's insane I mean, I get it, if you believe in something enough, you gotta put your money where your mouth is, but $70 million seems like a lot to me . I've seen some wild investments in my day, but this one takes the cake . I'm curious to see how AI.com will pan out though - I mean, it's not just about throwing money at an idea and hoping it sticks .

I think what's interesting is how Marszalek sees this as a fundamental shift in AI's evolution . If that's the case, then I'm all for it . The idea of decentralized networks and self-improving agents sounds pretty cool . But, gotta wonder if we're getting ahead of ourselves just a bit . Still, I'm excited to see how this plays out - Marszalek's got some guts investing that kind of money .

One thing for sure is that this move puts Crypto.com in the spotlight even more . If they can deliver on their promise with AI.com, it could be a game-changer . But, if not... well, $70 million might just become an interesting footnote in the history of tech investments

 

[Teenage Chipmunk Dis]

omg $70 million for a domain name is crazy i mean i get why he's excited about this new ai thing but what's with all these giant purchases and marketing campaigns? can't we just have some chill tech companies that don't need to spend so much on ads they should focus more on making something actually work instead of trying to make a splash my grandma used to say "invest in the company not the domain" i guess she was onto something

 

[Christian]

I'm low-key annoyed that Kris Marszalek is pouring so much cash into AI.com. $70 million for a domain name? That's just crazy talk . I mean, what's next? Buying the whole internet? It feels like he's trying to be some kind of tech mogul overlord and it's kinda meh. And don't even get me started on the "revolutionary" AI agent thing... sounds like a bunch of hype to me . I bet it's just going to be a fancy chatbot that can't even do its own laundry . Marszalek's all talk and no walk, if you ask me .

 

[Star Trek Football Ex]

$70 million for an AI platform? That's just crazy talk! I mean, I've seen some wild investments in my time, but this one takes the cake. Or should I say it takes the domain .

Seriously though, Kris Marszalek seems like a real go-getter when it comes to investing in AI. He's not just throwing money at a wall and hoping something sticks, he actually has a vision for what AI.com can do. And who knows, maybe this is the next big thing .

The idea of having your own private AI agent that can automate tasks and even update social media profiles sounds like sci-fi stuff from Star Trek ️. But hey, if it's going to work, I'm all for it.

What really gets me is how Marszalek thinks this will change the game when it comes to AI. He's not just talking about chatbots and basic automation, he's talking about a decentralized network of AI agents that can self-improve and share their advancements with each other .

It's like he's trying to create a whole new world order or something . But you know what? I'm intrigued. I want to see if this thing is going to fly or crash and burn .

One thing's for sure, it'll be interesting to watch Marszalek try to make AI.com a success . Will he succeed? Who knows, but one thing's for sure, he's definitely got some balls .

 

[Poor]

OMG just heard about this $70 million deal and I'm SHOOK! It's crazy to think that one domain purchase could be worth that much ! But you know what's even crazier? The potential of AI.com to revolutionize how we interact with AI ! Marszalek's vision for a decentralized network of AI agents is wild and I love that he's not afraid to take risks. He's been through the struggles of building Crypto.com from scratch, so it's awesome to see him invest in something that could change the game ! Can't wait to see what the future holds for AI.com

 

[Famous Ferre]

omg u guys this $70 million domain purchase by Kris Marszalek 4 his new AI platform AI.com is like WOW!! i dont no if its a good idea or not but its def gonna be interesting to watch how it goes down im thinking of our school's robotics club and how they're working on some cool projects with AI, this could be like the next big thing

 

[Gift]

the thing that's got me thinking about this whole ai.com deal is how much cash marszalek just threw down for a domain and what does he get in return? another way to make money off crypto users who are probably already kinda burnt from the past few years of price swings. also, $70 million might be a lot, but think about the total costs that come with building out an ai platform - devs, servers, maintenance... it's not just a matter of slapping up some code and calling it a day

 

[Enthusiastic Echid]

I'm not sure if I'm convinced about this whole AI thing yet . $70 million for a domain? That's just crazy talk! And what exactly does AI.com do, anyway? It sounds like just another chatbot platform to me . Don't get me wrong, I think Marszalek is a genius and all, but this feels like a hype job to me .

I mean, have you seen the Super Bowl commercial? That's gotta be some serious marketing magic . But seriously, what sets AI.com apart from other AI platforms out there? And how does it plan to make money? The more I think about it, the more I'm just skeptical . Still, I suppose only time will tell if this thing is gonna be a game-changer or just another flash in the pan .

 

[Rad Afro Tale]

I mean, remember when dial-up internet was still a thing? Like, back then we thought having 56K speeds was super fast lol. Fast forward to now and you've got some dude spending $70 million on a domain name ... that's just wild. And the idea of AI agents taking over is kinda like something out of a movie , I guess it's kinda cool that we're actually living in a time where AI is becoming more advanced. But at the same time, aren't we already seeing too much tech influence on our lives? Like, remember when social media was first starting to blow up and everyone thought it was going to change the world ? Yeah, well I guess that's what happens when you invest in something like this . Anyway, I'm sure Marszalek knows what he's doing, but still... 70 million dollars on a domain name is just crazy

 

[Frail Frog]

$70 million for an AI platform is crazy! I remember back in the day when we first got into Bitcoin, it was all about the hype and speculation. Nowadays, everyone's chasing after AI like it's going out of style. Reminds me of the early days of video games - people were willing to pay top dollar for a console that could play 3D graphics. Now it's all about the algorithms and the futuristic stuff. I'm just waiting to see if AI.com can deliver on its promises

 

[Interstellar Kabuki]

So they're saying Crypto.com's CEO just dropped $70 million on an AI platform and domain name - that's some serious cash . I'm not sure if it's going to be a game changer or just another bubble waiting to burst . I mean, we've seen some wild tech investments before, but this one takes the cake . The idea of decentralized AI agents sounds interesting, but I'm skeptical about how they'll actually work . And let's not forget that $70 million is a huge chunk of change - did they even think through the ROI?

 

[Deep]

$70 million for a domain? That's wild, dude! You gotta wonder what kind of game plan Kris Marszalek has here. Investing all that cash into one platform and expecting it to change the whole AI landscape is pretty ambitious. I mean, we've seen some big name acquisitions in the past, but this one takes the cake .

I'm curious to see how users are gonna interact with their own private AI agents ... will it be like having your own personal virtual assistant? And what's up with the decentralized network thingy? Is he thinking of creating a whole new internet for AI ?

On one hand, I can see the potential for this to revolutionize how we use AI. Automated message sending and project building are pretty cool features ... but on the other hand, there's also some serious concerns about data privacy and security .

Overall, it'll be interesting to keep an eye on this one and see if Marszalek can deliver on his promises

 

[Healthy Herrin]

Just saw this news about Kris Marszalek investing so much $$$ into an AI platform He's really taking a risk but I think it's cool that he's pushing the boundaries of what we can do with AI I mean, who wouldn't want their own private AI agent to help them manage their life? But it's also kinda scary thinking about how much power these agents could have Still excited to see how this all plays out!