APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo dated 23.10.2024 from 4 P.M of BCCL Coking Coal of Washery Developer and Operator (WDO) for Dugda Coal Washery e-Auction scheduled on 16.12.2024 in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Why data is the new coal

28 Sep 2016

Amazon’s Neil Lawrence has a slightly different analogy: Data, he says, is coal. Not coal today, though, but coal in the early days of the 18th century, when Thomas Newcomen invented the steam engine. A Devonian ironmonger, Newcomen built his device to pump water out of the south west’s prolific tin mines.
 
The problem, as Lawrence told the Re-Work conference on Deep Learning in London, was that the pump was rather more useful to those who had a lot of coal than those who didn’t: it was good, but not good enough to buy coal in to run it. That was so true that the first of Newcomen’s steam engines wasn’t built in a tin mine, but in coal works near Dudley.
 
So why is data coal? The problem is similar: there are a lot of Newcomens in the world of deep learning. Startups like London’s Magic Pony and SwiftKey are coming up with revolutionary new ways to train machines to do impressive feats of cognition, from reconstructing facial data from grainy images to learning the writing style of an individual user to better predict which word they are going to type in a sentence.
SOurce: TH eGuardian.com