The next-generation AI developer platform, Modular, raised a $30 million seed funding round in late June 2022. The company launched in January 2022 on Modular.ai. Tech businesses have frequently embraced the .ai extension since it is connected to a well-known technology phrase (Artificial Intelligence) and usually offers more availability than other popular TLDs at a lower cost. The .ai extension actually originates from Anguilla and many of the businesses, apps and specialists in the AI field are rarely aware of that fact and the risks it can carry for their brands.
As we continue to grow and innovate, we are constantly improving and changing. We will always push the limits to create the best possible environment for our people and teams. We will always push the limit to enable even more choice and flexibility because we believe that when the right people are empowered the right way, we accelerate our impact on the world.
After growth and establishment, companies that start with a compromise extension often upgrade their domains. The example with Modular is no different; the company secured its exact brand match domain name Modular.com.
A strong domain name positions the company better amongst their rivals online and instantly establishes trust and authority for their customers and business partners. It conveys a sense of seriousness and gives a more professional image to their audience.