Russian and Emirati sovereign wealth funds invest $13 million in sensitive face recognition technology
The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, has teamed up with its Emirati peer Mubadala to invest “more than 1 billion rubles” (approximately $13 million at the current exchange rate) in Russian face recognition startup NtechLab. Touting itself as “the global leader in computer vision systems based on artificial intelligence and neural networks,” NtechLab provides solutions …