This platform simplifies the use of AI, making it accessible to anyone looking to launch or grow a business. Whether someone has a budding idea or a well-established venture, GoDaddy Airo can suggest memorable domain names based on a brief business description. Once a domain is registered, GoDaddy Airo swiftly produces the following:

• Unique, customisable logo designs
• A fully developed website complete with images and tailored content to attract customers
• A professional email account, enhancing the business’s credibility
• Bespoke photo descriptions for online stores

This launch aligns with recent data highlighting the growing role of generative AI among UK entrepreneurs. A GoDaddy survey of over 500 microbusiness owners revealed that 25% already utilise generative AI in their operations, saving an average of 45 hours per month, which amounts to 540 hours annually – equivalent to 14 working weeks. These time savings translate into an average annual cost reduction of £5,200 per entrepreneur.

Tamara Oppen, Vice President English Markets for GoDaddy, emphasised the transformative potential of generative AI: "GoDaddy Airo simplifies the integration of AI for small businesses, offering a powerful new experience to enhance their online presence. Generative AI is the great equaliser for small businesses, that traditionally may have only been reserved for larger companies. Our research shows that AI is not only saving online business owners time and money but also enhancing the overall work-life balance for entrepreneurs."

GoDaddy's research highlights the varied ways in which UK entrepreneurs are harnessing AI to save both time and money. Nearly 49% of entrepreneurs in the UK are utilising AI to aid in content creation, while 38% are deploying it for customer service tasks. Additionally, close to one-third are leveraging AI tools to enhance customer acquisition efforts.

The adoption of AI also appears to be easing some of the common challenges faced by small business owners in the UK. Among those who reported financial savings through AI, 59% indicated a reduction in stress, and 35% mentioned having more time to enjoy leisure activities.

Moreover, 45% of respondents said they have been able to reinvest in product development due to the savings, while 13% reported using the extra resources to start another microbusiness, contributing to further growth and innovation in the entrepreneurial sector.

Oppen continued: "With 58% of surveyed entrepreneurs expressing interest in AI’s potential benefits, GoDaddy Airo is poised to play a crucial role in driving innovation and growth within the small business sector. 60% of those surveyed who are using AI have said they have already seen it have a positive impact.

"We're just scratching the surface of what's possible. GoDaddy Airo will continue to evolve, ensuring small businesses benefit from the latest advancements in AI technology."