GlobalTechnoNews
OpenAI Chat.com Domain: Million-Dollar Acquisition for ChatGPT
Sam Altman, CEO of OpenAI, recently announced on X (formerly Twitter) that OpenAI acquired the chat.com domain to simplify access to ChatGPT. Now, users can reach ChatGPT directly by typing this memorable domain into their browsers. Domains like chat.com carry immense market value because of their simplicity, recognizability, and high demand.
Why OpenAI’s Chat.com Domain is So Valuable
Domains like chat.com command high prices because they are easy to remember and enhance brand recognition. Companies invest in such domains to secure unique, accessible web addresses. Altman saw the potential of this OpenAI Chat.com domain to boost accessibility and awareness for ChatGPT and decided to make the investment.
Cost of the Chat.com Domain Acquisition
The OpenAI Chat.com domain previously belonged to Dharmesh Shah, HubSpot’s co-founder and CTO. In early 2023, Shah bought chat.com for a remarkable $15.5 million. A few months later, he sold it to OpenAI for an even higher price, confirming he was paid in OpenAI shares, reports The Verge. This acquisition reflects OpenAI’s commitment to making ChatGPT more accessible to a wider audience.
Other High-Value Domains in AI
Chat.com is not the only domain with a high price tag in the AI sector. Recently, AI startup Friend spent $1.8 million on the domain friend.com, showing the value companies place on these unique and memorable web addresses.
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