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    Home»Business

    Malaysian entrepreneur buys AI.com for Rs 300 in 1993, sells area for Rs 634 crore to Crypto.com CEO – BusinessToday – Company Technique & Outlook

    Admin - Shubham SagarBy Admin - Shubham SagarFebruary 11, 2026Updated:February 11, 2026 Business No Comments2 Mins Read
    Malaysian entrepreneur buys AI.com for Rs 300 in 1993, sells area for Rs 634 crore to Crypto.com CEO – BusinessToday – Company Technique & Outlook
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    Malaysian tech entrepreneur Arsyan Ismail has bought the premium internet area AI.com for $70 million (about ₹634 crore) in April 2025, marking one of many greatest publicly disclosed domain-name offers in web historical past.

    In accordance with Malay Mail, Ismail initially purchased the area in 1993 for $100 (about ₹300 on the time) when he was simply 10 years outdated, utilizing his mom’s bank card.

     He later stated the acquisition had nothing to do with synthetic intelligence and that the letters “AI” merely matched his initials.

    On the time, his mom reportedly didn’t perceive what a website title was and was confused by the cost on her bank card assertion.

    Crypto.com CEO buys AI.com, plans AI platform

    The customer is Kris Marszalek, co-founder and CEO of Crypto.com, who acquired AI.com in April 2025 by way of dealer Larry Fischer, in keeping with Fintech Information Malaysia. The transaction was paid solely in cryptocurrency.

    The deal is the very best publicly disclosed worth for a website title so far, surpassing the $49.7 million (about ₹450 crore) paid for CarInsurance.com in 2010.

    Marszalek plans to launch a shopper synthetic intelligence platform underneath the AI.com model, which is anticipated to debut throughout a Tremendous Bowl LX industrial. 

    The platform will provide private AI brokers to assist customers with duties comparable to sending messages, managing purposes and buying and selling shares.

    Explaining the excessive acquisition price, Marszalek stated, “There’s a massive need for us to personal this touchpoint, in any other case you get commoditised.”

    The service will encrypt consumer information with particular person keys to handle privateness issues. Marszalek has reportedly acquired presents to resell the area however plans to retain possession to construct long-term belief and consciousness within the aggressive AI market.

    Arsyan Ismail’s tech journey

    As per Arsyan’s LinkedIn profile, he labored as a Senior Programmer at Nuffnang (2005–2006), a Software program Engineer at Packet One Networks (2006–2008) and later as a Senior Net Developer at Friendster (2008–2010).

    He then joined YTL Communications as an Software Developer (2010–2012). His profile additionally lists him as working independently with OpenAI since January 2025.

    His schooling, features a Bachelor’s diploma in Laptop Science from the College of Nottingham (2003–2006). He accomplished his A-Ranges at Kolej Yayasan UEM (2000–2002) and studied Arithmetic and Laptop Science at Kolej Yayasan Saad Melaka (1995–2000).

     

     

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