BERLIN (Reuters) - German artificial intelligence (AI)-driven translation startup DeepL was valued at $2 billion in a round led by investor Index Ventures, the company said on Wednesday.
This makes DeepL Germany's most valued AI company, according to business daily Handelsblatt.
The firm also announced a $300 million investment to fund research and product innovation, as well as to double down on the global market expansion and to... (continue reading...)
MILAN (Reuters) - The Bank of Italy warned on Wednesday against fraudulent video messages circulating online, in which artificial intelligence (AI) technology is used to reproduce fake messages from financial authorities and other institutions.
"Such content, known as deepfakes, is also generated using AI to modify real video or audio in order to convey and add credibility to messages that are untrue and shared with the aim of committing fraud," the... (continue reading...)
By Camillus Eboh
ABUJA (Reuters) - A Nigerian court has adjourned a tax evasion case against Binance to next month for possible arraignment of the cryptocurrency exchange and two of its executives after a trial stalled on Wednesday, the judge said.
The matter stalled because authorities failed to bring Tigran Gambaryan, a U.S. citizen and Binance head of financial crime compliance, to court. No reason was given for Gambaryan's absence in... (continue reading...)
By Kopano Gumbi and Olivia Kumwenda-Mtambo
JOHANNESBURG (Reuters) - Nelson Mandela's African National Congress promised South Africans "A Better Life For All" when it swept to power in the country's first democratic election in 1994, marking the end of white minority rule and apartheid.
After 30 years of ANC government, many South Africans are frustrated about persistent poverty and inequality, and the party risks losing its parliamentary... (continue reading...)
By Lucy Papachristou
LONDON (Reuters) - A Russian court is considering a prosecutor's request to designate a journalist who frequently criticises the war in Ukraine and his wife as an extremist grouping.
A spokeswoman for St Petersburg's court system said on Telegram that a claim against former Russian TV news anchor Alexander Nevzorov and Lidia Nevzorova had been filed by the city "in defence of the interests of the Russian Federation".
... (continue reading...)More Reuters
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