OpenAI, the trailblazing company behind ChatGPT, is once again in the news with a landmark acquisition of the domain Chat.com. This iconic web address, one of the oldest in existence, was purchased from Dharmesh Shah, the founder and CTO of HubSpot. The domain now redirects to ChatGPT, marking a significant step in OpenAI’s expansion.
A Historic Domain Purchase
Originally registered in 1996, Chat.com holds a special place in the history of the internet. Dharmesh Shah, who acquired the domain in 2023, paid an impressive $15.5 million (approximately Rs 130 crore) for the privilege. This hefty investment has now proven to be a lucrative deal for OpenAI, as they secure a premium online real estate.
The Deal Details and Future Implications
Dharmesh Shah announced the sale of Chat.com in March but kept the buyer’s identity under wraps at the time. Later, OpenAI’s CEO Sam Altman confirmed the purchase with a simple post: “Chat.com.” As part of the deal, Shah received shares in OpenAI, although specifics regarding the terms remain undisclosed. Shah has since expressed his excitement about the potential of the domain, which he believes could serve as the foundation for successful products or companies.
Enhancing OpenAI’s Reach
The acquisition of such a prominent domain aligns with OpenAI’s strategy to solidify its global presence and strengthen its brand. With Chat.com now redirecting to ChatGPT, the company gains not just a powerful digital asset but also a more accessible entry point for users worldwide.
New Features to Improve User Experience
Alongside this acquisition, OpenAI has introduced a new chat history search feature for ChatGPT. Unlike the existing memory function, which recalls information over time, the search tool is designed to allow users to find specific conversations with ease. This addition aims to enhance the user experience by enabling quicker access to past chats, advice, and unresolved queries.
Through these strategic moves, OpenAI continues to strengthen its position as a leader in the AI and tech industries.
