GoDaddy has been granted U.S. Patent number 11,615,313 for utilizing a machine learning engine to determine the value of a domain name.



The patent outlines a method that includes creating a training set from a database of sold domain names, training the machine learning engine on the set, determining the value of a target domain name using the trained engine, and utilizing the predicted value. These methods can be performed automatically without human intervention, although users can monitor and adjust the processes. Jason Ansel, a former engineer at GoDaddy, is listed as the inventor. This patent adds to GoDaddy's collection of domain appraisal-related patents.

GoDaddy, a well-known web hosting and domain registration company, was awarded a U.S. patent for its AI-powered domain valuation technology. This technology aims to provide users with an estimated value for a specific domain name.

The patent, titled "AI Valuation for Domain Names," describes a system that utilizes artificial intelligence algorithms to analyze various factors and determine the value of a domain. These factors may include historical sales data, market trends, keyword popularity, and other relevant metrics.

By using this AI-powered system, GoDaddy intends to help customers make informed decisions when buying or selling domains. The technology aims to provide an accurate and automated valuation process, which can save time and effort for users.

Overall, GoDaddy's patent for AI-powered domain valuation technology highlights the company's focus on leveraging AI to improve services in the domain industry.