"Cannot find module" for image files

import favicon from "./assets/favicon.ico";

Cannot find module './assets/favicon.ico' or its corresponding type declarations.ts(2307)

declare module '*.module.css' {
    const classes: { [key: string]: string };
    export default classes;
}

declare module '*.(png|ico|svg|jpg|jpeg|gif|bmp|tiff)' {
    const value: string;
    export default value;
  }

{
  "compilerOptions": {
    ...
  },
  "include": ["src", "src/declarations.d.ts"]
}