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Malaysian entrepreneur buys AI.com for Rs 300 in 1993, sells area for Rs 634 crore to Crypto.com CEO

by Vegas Valley News
February 11, 2026
in Business
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Malaysian entrepreneur buys AI.com for Rs 300 in 1993, sells area for Rs 634 crore to Crypto.com CEO
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Malaysian tech entrepreneur Arsyan Ismail has offered the premium internet area AI.com for $70 million (about ₹634 crore) in April 2025, marking one of many largest publicly disclosed domain-name offers in web historical past.

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

 He later mentioned 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 client is Kris Marszalek, co-founder and CEO of Crypto.com, who acquired AI.com in April 2025 by dealer Larry Fischer, in accordance with Fintech Information Malaysia. The transaction was paid totally in cryptocurrency.

The deal is the very best publicly disclosed value 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 client synthetic intelligence platform below the AI.com model, which is predicted to debut throughout a Tremendous Bowl LX business. 

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

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

The service will encrypt person knowledge with particular person keys to handle privateness considerations. Marszalek has reportedly acquired provides 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 Pc Science from the College of Nottingham (2003–2006). He accomplished his A-Ranges at Kolej Yayasan UEM (2000–2002) and studied Arithmetic and Pc Science at Kolej Yayasan Saad Melaka (1995–2000).

 

 

Tags: AI.combuysCEOcroreCrypto.comdomainentrepreneurMalaysiansells
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