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Trump’s “SI” Rebrand Is Fueling A Surge In Slovenia’s .si Domain Registrations

President Donald Trump’s executive order recasting “AI” as “SI,” or “super intelligence,” is already producing an unexpected market response: a sharp spike in demand for the .si domain.

The phenomenon echoes the early days of the artificial intelligence boom, when .ai domains—linked to Anguilla—became a hot commodity and generated millions for the island territory. This time, the spotlight has shifted to Slovenia, the country traditionally associated with .si and, somewhat ironically, the birthplace of First Lady Melania Trump.

A Sudden Jump In Registrations

Registry SI, the official body overseeing Slovenia’s domains, said purchases of .si names rose 2,199% in September, according to comments from spokesperson Klara Herman reported by the BBC. She cautioned against attributing the entire surge solely to Trump’s order, but the timing is difficult to ignore.

The registry recorded 11,000 new .si addresses on September 30, the day after the executive order was signed, and nearly 13,000 new registrations in the preceding 24 hours.

Hosting Platforms See Mixed Signals

Not every platform is seeing the same level of activity. GoDaddy said it does not yet host the .si extension, while Squarespace had not responded at the time of publication. Wix said it had not observed any meaningful uptick, adding that growth on its platform had been minimal since September 29.

Hostinger, however, reported a pronounced increase. The company said .si has become its second most popular domain extension after .com, with roughly 4,300 registrations on September 30 and about 5,400 on October 1. More than three-quarters of all .si domains registered since September 23 were purchased in just the last two days, and more than half of buyers came from the U.S. and India.

Speculation, Branding And Digital Scarcity

Only about 3% of Hostinger’s .si registrations are explicitly tied to AI, the company said. Most are classified as unbranded or uncategorized, suggesting that buyers are using the extension for companies, personal brands, or speculative purposes.

That speculation is already visible among founders and brand owners. Kim Than, CEO of Genius PR, said he purchased the .si version of his company name to defend the brand in case the extension takes off the way .ai did. His reasoning was simple: securing the name now is far cheaper than buying it back later at a premium.

Than described domain names as digital collectibles and said some buyers are already viewing .si as a potential tradeable asset. He noted that domains can be tokenized and traded on blockchain platforms, though he is unsure whether .si is currently supported.

“A few founder friends are buying too cause we think it’s the new AI boom,” he said. “Who knows how far it goes, but I’m happy to take a bet.”

Why .si May Have Room To Run

The executive order itself may be helping validate the narrative. It states that today’s frontier systems do more than imitate or automate discrete aspects of human intelligence and increasingly represent “not merely artificial intelligence but a new super intelligence.” That language has given the .si extension a fresh identity, at least in the market’s imagination.

Klaudijus Januitis, head of domains at Hostinger, expects demand to keep rising. He does not see .si replacing .ai anytime soon, but he does see it as a cheaper, more available alternative for buyers who want exposure to the trend without paying premium .ai prices.

“Slovenia will not see what Anguilla saw,” Januitis said, pointing out that Anguilla charges a premium for .ai and that the revenue flows directly to the government. By contrast, .si remains inexpensive, and the proceeds go to the registry rather than the national treasury. On Hostinger, .si costs about $12 a year, compared with roughly $90 for .ai, which also requires a two-year commitment.

“For Anguilla, .ai became a second economy,” Januitis said. “For Slovenia, .si is a nice bonus.”

LVMH Revenue Rises, But China Weakness Continues To Weigh On Luxury Giant

A Softer Quarter Exposes The Limits Of Luxury’s Recovery

LVMH, the world’s largest luxury group and parent of Louis Vuitton, Dior, Celine and Hennessy, reported revenue of €18.5 billion in the three months to the end of September, underscoring both the scale of its business and the pressure building across parts of the luxury market.

The company’s revenue rose 1.2% year on year in the third quarter, following a 0.1% increase in the second quarter and a 5.9% decline in the first. The trajectory points to stabilization, but not yet to a convincing rebound.

Organic Growth Misses Expectations

Organic sales growth, which strips out currency effects and portfolio changes, slowed to 1% in the third quarter from 3% in the previous quarter. That result fell short of market expectations and reinforced concerns that the luxury cycle remains uneven.

For the first nine months of the year, LVMH generated sales of €57.1 billion, with organic growth of 2%.

In its statement, the company highlighted the breadth of its portfolio, saying that diversification continues to provide resilience in an uncertain geopolitical and economic environment. That remains one of LVMH’s defining strengths: when one category weakens, another can help offset the downturn.

China Remains The Key Pressure Point

LVMH said sales performed well in the United States, Europe and Japan, but conditions in China remained less favorable. That matters because the country has long been one of the most important growth engines for global luxury brands.

The fashion and leather goods division, LVMH’s most closely watched unit, saw organic sales fall 5% as weaker demand in China weighed on performance. Deutsche Bank said the decline was steeper than the roughly 2% drop expected by analysts.

The segment had delivered its first organic sales gain in two years in the previous quarter, making the latest retreat a notable setback.

Brand Equity Faces A Test In China

The quarter also highlighted the reputational risks facing global brands in China. Louis Vuitton drew criticism after suing local tea company Molly Tea over logo copying. Although the company won the case, the dispute sparked social media backlash and boycott calls, adding another layer of pressure to an already fragile environment.

For a company built on scarcity, aspiration and brand discipline, perception is an asset as valuable as inventory. In a market as digitally connected as China, that asset can shift quickly.

Mixed Performance Across The Portfolio

Not every division weakened. LVMH’s selective retailing business, which includes Sephora, posted an 8% organic sales increase. Watches and jewellery, along with wines and spirits, both recorded 6% organic gains.

That broad mix is precisely what has historically given LVMH an advantage over rivals: it can absorb softness in one category without relying on a single growth driver.

Analysts See A Longer Recovery Ahead

Deutsche Bank analysts said the results could lead to further cuts in earnings forecasts for the second half of 2026 and 2027. They added that it is difficult to see what could improve investor sentiment in the near term.

Still, the bank framed the weakness as cyclical rather than structural. In its view, recovery is taking longer because Chinese demand remains subdued, but the problem does not appear to reflect a permanent deterioration in the brand franchise. Analysts said ongoing brand initiatives are beginning to show results, though improvements are likely to remain gradual.

Investor Pressure Continues To Mount

LVMH’s share price has fallen nearly 40% since the start of the year. In September, L’Oréal overtook the group as France’s most valuable listed company, a symbolic shift that captures how sharply sentiment has changed.

Shares in LVMH were down more than 1.6% in Paris around 10 a.m. CEST following the release.

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