When tech entrepreneur Ian Leaman needed to buy a website address for his new artificial intelligence start-up he found that he had an expensive problem.

The New Yorker had named his business Pantry AI, so in December of last year he decided to see if the domain name Pantry.ai hadn’t already been taken.

Unfortunately someone else had already registered it a number of years previously, so Mr Leaman had to get in touch with that person to see if he could strike a deal to buy it from him.

“I offered $2,000 [£1,647]

Read more on https://www.bbc.com/news/business-67284936

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