Nigeria’s Rensource raises $20M to power African markets by solar – TechCrunch

Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Launched in 2016, the startup has shifted its operating strategy. “We’ve pivoted…

Nigeria’s Rensource raises $20M to power African markets by solar – TechCrunch

Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Launched in 2016, the startup has shifted its operating strategy. “We’ve pivoted…

Intel sinks $2bn on Israeli deep learning firm to boost cloud and edge AI portfolio

Intel has acquired Habana Labs, an Israel-based developer of programmable deep learning accelerators for data centres, for around $2 billion. The purchase will spur Intel’s efforts to bring increasingly advanced artificial intelligence (AI) to cloud and edge based silicon, notably for enterprise and industrial networks.  Intel reckons the “nascent, fast-growing” AI silicon market will be…