Machine learning is kind of magic right? But is it the kind of magic that can make us rich? And I don't mean lucrative consulting gig rich, I mean digging valuable metals out of the ground rich. Also I'd been meaning to try out some transfer learning and looking around for a good topic to try it on. Transfer learning is where you take a pre-trained convolution (or other) network and use it for your task.
Faced with excess electricity generation capacity and plunging prices for wholesale electricity, Italian utility A2A shut down its gas-fired Chivasso plant, near Turin, in 2014. Earlier this year, though, the plant was restarted. Market conditions have improved, but the main reason the plant was able to get up and running again was new cloud-based technology that helps it operate more efficiently, says Massimiliano Masi, A2A's vice president of power generation and trading. The GE hardware and software installed at the plant, Masi says, enables it to go from a dormant state to full operation in two hours or less, compared to three previously, thus improving its ability to respond to fluctuating demand brought on by increases in intermittent renewable energy on the grid. That's a huge advantage, says Masi, "because transmission operators prefer plants that are able to reach full production in less time."
Xinhua News Media Holdings Ltd. said Monday it is seeking to raise up to 42.9 million Hong Kong dollars via a share placement and will use the net proceeds for general working capital. Macau Legend Development Ltd., which operates casino and hotels, said Monday Laurence Yuen resigned as executive vice president and chief financial officer effective immediately. Salesforce.com Inc. said it would embed artificial intelligence technology into its software for salespeople, making it the latest in a gaggle of companies racing to enhance workplace tools with human-like abilities. The company will demonstrate the new software at its annual user conference next month in San Francisco. Newcrest Mining Ltd. said it has agreed to sell its 50% stake in a Papua New Guinea gold operation to partner Harmony Gold Mining Co. Ltd. .
Half of the Great Barrier Reef is "dead or dying" and almost all of it is on the brink of extinction, according to scientists. A "significant" event is occurring that could lead to the death of the world's biggest living ecosystem, according to Australian ministers. Only seven per cent of the reef has escaped "bleaching", which happens when the water warms and leads to the coral to expel the algae that lives inside of it and turn white. If temperatures don't drop, then the coral will not be able to recover and will lead to it dying. And half the reef has already died or is dying, according to scientists.
While the National Broadband Network (NBN) company had originally said it would be spending AU 14 million on purchasing 1,800 kilometres of copper to last the company five months, it has now revealed that actual spend reached AU 44.2 million as of March 10. Citing commercial in confidence due to continuing negotiations, NBN could not provide any extra detail on volumes and costs of copper. NBN had in October revealed that while copper lines between the node and the home will not need to be replaced, the company would need to add or replace copper between the node and the pillar where necessary in rolling out its fibre-to-the-node (FttN) network. "We have to put new copper in to run to the pillar that serves all of our homes from our node to that pillar. And that could range in distance between right next to each other ... it is a short section, but it is new copper that has to go in the ground that doesn't exist today," NBN CEO Bill Morrow told Senate Estimates at the time.