The Caribbean nation of Anguilla is a "small island with a big secret", said Skift . It holds "one of the most lucrative pieces of digital real estate in the world": the website domain name .ai.

When the internet was first carved into country codes in the 1980s, laying the "groundwork for the digital era", no one could have imagined that "two little letters" could have the power to change the fate of a nation.

But for an island that's home to fewer than 16,000 people, the assignment of its domain name has turned out to be a "hidden Caribbean goldmine" – lying dormant for years, before becoming a valuable commodity.

A 'windfall'

After years of obscurity, Anguilla 's domain exploded in popularity. The "continuing boom" in artificial intelligence (AI) following the launch of ChatGP

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