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AI has done a great job again! Alibaba Cloud has made a big move, and this market is expected to continue to grow →

2024-08-11

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China Business News (Reporter Zhao Yiru)On August 8, at the Alibaba Cloud Wanwang Renewal Conference, Alibaba Cloud announced that its domain name product services had completed a series of AI transformations and launched the first domain name AI application based on the Tongyi big model. The relevant person in charge of Alibaba Cloud said that they are full of confidence in the development of the domain name market.
Alibaba Cloud Innovation Center. (Image provided by CNSPHOTO)
Domain name registration also begins to rely on AI
A domain name is the address of a website, just like a house number in real life. It is a key basic resource for the stable operation and sustainable development of the Internet. Data shows that China has 31.6 million domain names, ranking second in the world with a share of 9.4%.
In Alibaba Cloud Wanwang, users only need to enter the brand name and the industry it belongs to, and the system can generate creative domain names in batches based on the Tongyi model, automatically complete availability screening, and output the meaning of the domain name. According to statistics, it takes an average of more than 50 queries to find a satisfactory domain name, and the smart naming application can complete this process with one click, making domain name registration move from "brainpower" to "computing power".
"In 2009, Alibaba Cloud acquired HiChina, the leading domain name service provider in China. Therefore, domain name registration has also become a service capability of Alibaba Cloud. When companies register domain names, it is indeed troublesome to choose suitable domain names. Through AI capabilities, domain names can be screened quickly, which is a very good service." Ma Jihua, a senior telecommunications industry analyst, told China Business News.
"For enterprises, if they want to continue to provide services to users, they need an exclusive domain name to help them establish their brand image and build a stable connection. For small and medium-sized enterprises, a domain name is not only a permanent network address, but also closely related to the company's information services. Domain name registration is still an indispensable part of the development of Internet applications for small and medium-sized enterprises." Ma Jihua said, "Alibaba Cloud uses AI capabilities to help companies quickly select suitable domain names and save the trouble of duplicate checking, which is of great help to the digital construction and international promotion of enterprises."
The domain name market is expected to continue to grow
At the same time, Alibaba Cloud is also further expanding its popular domain name resources. This time, Alibaba Cloud has launched more than 40 new domain name suffixes, including ".ai", ".car", ".me", etc., with more than 200 domain name suffixes available for registration and more than 20 million global domain name sources available for trading.
A good domain name may become the object of competition among companies. It is reported that OpenAI purchased the domain name "AI.com" for at least $11 million in 2023. A few months later, the domain name was bought by Elon Musk.
Data shows that since the beginning of this year, the number of registrations of ".ai" domain names has increased by 72.96% year-on-year.
It is reported that ".ai" is the domain name assigned to the Caribbean island nation of Anguilla. Due to the popularity of artificial intelligence, the global demand for ".ai" domain names has risen rapidly, which has also made Anguilla a lot of money. It is estimated that the country's revenue from related domain name registrations is expected to reach 30 million US dollars in 2023. Companies such as Google, Facebook, and Microsoft have registered websites with the ".ai" suffix to divert traffic to AI product pages.
"In the foreseeable future, the value of domain names will continue to exist and will grow. The value of domain names is essentially closely related to the development of a company and also reflects the strength of a company," Zhang Liang, vice president of Alibaba Cloud's SMB business unit, told reporters.
"The value of a domain name lies mainly in its uniqueness and functionality. It is a product of the Internet age. In the past, many people would hype domain names. The better the domain name, the more expensive it was, while ordinary names were very cheap." An Internet industry practitioner told China Business News.
Gao Kun, general manager of small and medium-sized enterprise applications at Alibaba Cloud's SMB business unit, told reporters that the linking and mutual backup of multiple domain names have become key guarantees for the stability of corporate business.
"In the PC Internet era, there were only more than 100 million domain name users; in the new AI era, the number of domain name users has reached more than 300 million. The linking of multiple domain names gives companies more choices. While companies have websites and apps, they have also added application scenarios such as mini-programs, short videos, wearable devices, and connected cars, all of which have domain name links behind them. Therefore, the number of domain names is definitely increasing, and it will continue to grow," said Gao Kun.
"We are very optimistic about the future growth potential of the domain name market. Judging from the global domain name volume and development trends, the domain name market has continued to grow in recent years. In the domain name market, Alibaba Cloud's share has also been growing," said Gao Kun.
At the same time, the overseas expansion of Chinese enterprises has also brought new growth space for the development of the domain name market.
"There are big differences between Chinese users and overseas users in the use of devices. For example, some European and American countries still use computers for toB. Domestic companies will find in the process of going overseas that they have to do things again in China, so there will be a lot of demand for domain names in the future, and the requirements for international service capabilities will be higher. This is a new opportunity for the domain name market or Alibaba Cloud Wanwang." Zhang Liang said.
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