Do you have over $10 million to buy a web domain?
Not a website, not a business, just a domain.
Well that is what billionaire Dharmesh Shah spent on acquiring chat.com a few weeks ago.
The news may be old, but man, it’s worth talking about with all that is going on in the world of Generative AI.
Why did he do it and what does it have to do with AI?
In a nutshell, Dharmesh is adamant that Chat based UX (user experience) is the next big thing in software.
We can see it now with the meteoric rise of ChatGPT (the fastest service in history to acquire over a 100 million active users).
Darmesh must be onto something, most likely.
But what we have no doubt is that this was a total Power Move.