Denizbank began requesting residence permit documents from Russian citizens, OpenAI introduced the Sora AI model for converting text to video, Masha Bucher’s Day One Ventures re-invested in the HealthTech startup Orchid, and other events on February 16.

Denizbank began applying for residence permits from Russians, OpenAI presented an AI model for video generation – the main thing on February 16

World

  • Turkish Denizbank has started applying for residence permits from Russian citizens, RBC reports. The bank did not officially notify plans to close the Russians’ accounts.

Investments

  • US HealthTech startup Orchid raised $12 million from Masha Bucher’s Day One Ventures and other funds and business angels. The seed round closed in December 2023.

Business

  • The cost of construction of all types of commercial real estate at the end of 2023 showed a significant increase: between 15 and 30%. This is largely due to severe labor shortages, Kommersant reports.

Services and technologies

  • The American company OpenAI is developing its own product for searching the Internet and will integrate it into the ChatGPT chatbot.
  • VK Advertising has implemented a neural network to improve image quality. The new tool can be used for content uploaded to your personal account.
  • OpenAI introduced Sora, an artificial intelligence model for converting text to video. With its help, you can create videos up to one minute long.

Author:

Team RB

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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