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Tech May 27, 2026

ClickHouse triples annualized revenue to $250M, charting a path toward an IPO

ClickHouse has tripled its annualized revenue to $250 million and is positioned for an IPO within t…
The LeadClickHouse has achieved significant financial growth, crossing $250 million in annualized revenue run rate, which represents a tripling of its business from the previous year. The database company is now positioning itself for an initial public offering within the next few years, signaling confidence in its market position and technology.Revenue Milestone and Growth TrajectoryAccording to Yury Izrailevsky, co-founder and president of product and technology at ClickHouse, the company has successfully reached a $250 million annualized revenue run rate, marking substantial growth from the previous year. Izrailevsky has indicated that the company expects this figure to reach the high-nine digits by the end of the current year, demonstrating an aggressive growth trajectory.Financial Valuation and Market PositionIn January, ClickHouse was valued at $15 billion following a $400 million Series D funding round led by Dragoneer Investment Group. This valuation implies a steep multiple of over 60x annualized revenue, indicating strong investor confidence in the company's technology and market potential. The company has attracted over 4,000 customers, including major tech firms like Anthropic, Meta, Capital One, and Decagon.Strategic Moves Toward Public MarketsThe fast revenue growth and premium valuation position the less-than-five-year-old company for an IPO within the next few years. Last fall, ClickHouse hired Jimmy Sexton, who previously ran investor relations at Snowflake (one of ClickHouse's main competitors), as chief financial officer. This hiring is often viewed as a clear signal that a company is preparing for public markets. Additionally, the company has already acquired six startups, including Langfuse, which helps developers track and evaluate AI agent performance.Future Outlook and Expansion StrategyClickHouse plans to remain acquisitive, looking to scoop up "relatively young, but showing very promising technology" startups, typically open source, that complement its core product suite. The company's open source database is designed to process the massive datasets required by AI agents, and it generates revenue by selling managed cloud services. Izrailevsky claimed that this commercial offering ultimately costs clients less than self-managing the open source version. As the IPO window is expected to be flung wide open by SpaceX's historic June debut, followed by highly anticipated listings from OpenAI and Anthropic later this year, ClickHouse joins a small but growing list of tech startups signaling plans to go public.
#ClickHouse #IPO #Database
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Environment May 27, 2026

Britain's Green Transition: Authoritarian Approach vs Public Consent

George Monbiot critiques the UK Labour government's authoritarian approach to climate policy, argui…
The LeadThe UK government's approach to climate change represents a dangerous paradox: while demanding rapid action on the climate crisis, it simultaneously undermines the public participation and democratic consent necessary to achieve a just green transition. This authoritarian approach—characterized by coercion without persuasion—risks alienating the very people needed to drive the societal transformation required to address the climate emergency.The Communication FailureSuccessive UK governments have failed to communicate the existential nature of the climate crisis to the public. Unlike the emergency briefings during the COVID-19 pandemic or the national mobilization during World War II, there has been no equivalent government-led communication effort on climate breakdown. The National Emergency Briefing campaign, which has shown films in over 1,000 UK venues, highlights this vacuum in official communication. Without government leadership on this defining issue, scientists, activists, and journalists are left as 'faint voices in the storm' attempting to explain the societal transformation needed.The Legal Rights ErosionThe government has proposed curtailing the public's legal right to object to new energy infrastructure deemed 'critical.' Development consent orders for such projects would effectively gain the status of acts of parliament, making legal challenges by local people nearly impossible except on human rights grounds. This represents another centralization of power, shifting the planning system from one based on consent to one based on decree.The case of the Vanguard offshore windfarm, which was delayed by a legal challenge supported by 85 parish and town councils, exemplifies the government's approach. Despite the challenge being upheld by the court for proper reasons—failure to consider cumulative impacts—the government now seeks to eliminate such legal correctives to potentially flawed decision-making.The Protest ParadoxWhile limiting public participation in energy infrastructure decisions, the government has simultaneously enacted laws that create a 'new class of political prisoner'—people protesting for greater climate ambition who face harsh sentences. This differential treatment reveals a troubling pattern: the state protects the interests of green infrastructure developers while criminalizing those who demand more ambitious climate action.The government's briefing against Britain's membership of the Aarhus convention—which limits costs for environmental objectors—further demonstrates this approach. Without cost limitation, individuals seeking to protect local landscapes or wildlife habitats could risk losing everything they possess, fundamentally undermining access to justice.The Democratic DeficitThis authoritarian approach to climate policy is not only undemocratic but counterproductive. The green transition requires broad public consent and participation—akin to a war effort or pandemic response—yet the government treats it as a technical challenge with purely technical solutions. By limiting public input and criminalizing protest, the government generates anger, resistance, and resentment—effectively providing a gift to the fossil fuel industry and undermining the very climate action it claims to pursue.As Monbiot argues, the vast response needed for climate breakdown must be a joint endeavor that happens 'with us, not to us.' Until the government recognizes this fundamental principle, its climate strategy will remain deeply flawed—neither fast enough nor fair enough to address the existential crisis we face.
#George Monbiot #Labour Party #Climate Policy
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Tech May 26, 2026

Pope Leo XIV Warns AI Must Be Disarmed – Why It Matters

In his first encyclical, Pope Leo XIV urges a global “disarmament” of artificial intelligence, warn…
The Pope’s First Encyclical Calls for AI DisarmamentPope Leo XIV released his inaugural encyclical, Magnifica humanitas: On Safeguarding the Human Person in the Time of Artificial Intelligence, urging that AI be “disarmed” to prevent domination, exclusion, and death. The document, spanning nearly 43,000 words, frames AI as a moral and spiritual challenge for the world’s 1.4 billion Catholics and beyond.Key Provisions of “Magnifica Humanitas” on AI GovernanceThe encyclical warns against a “race for ever more powerful algorithms and larger datasets” driven by geopolitical or commercial dominance. It calls for:Robust legal frameworks and independent oversight of AI systems.Political action that can “slow things down when everything is accelerating.”Developers to bear “ethical and spiritual responsibility” for every design choice.Protection of workers’ rights and child safety in AI deployment.During the Vatican presentation, AI expert Christopher Olah of Anthropic highlighted the tension between corporate incentives and ethical imperatives.Numbers Behind the AI Debate: Layoffs and Military Use16,000 Amazon employees laid off in January 2026 as AI automation expands.The encyclical’s length: ~43,000 words.U.S. military confirmed use of “a variety” of AI tools in the 2026 US‑Israel conflict over Iran.These figures illustrate the scale of AI’s impact on employment, defense, and societal structures.Implications for Tech Industry, Policy and Global EthicsThe pope’s stance adds a powerful moral voice to ongoing debates about AI regulation. By positioning AI alongside nuclear energy—“must be at the service of all and of the common good”—the Vatican urges:Tech firms to curb competitive escalation.Governments to enact stricter oversight, especially on lethal autonomous weapons.International bodies to consider AI’s role in war, job displacement, and child safety.Such a high‑profile religious endorsement could influence legislators, especially in regions where Catholic opinion shapes public policy.What May Follow: Anticipated Policy Shifts and Church InfluenceAnalysts expect the encyclical to spark:Increased lobbying by the Vatican for AI‑focused legislation in the EU and U.S. Congress.Greater collaboration between AI developers and ethicists to meet the “spiritual responsibility” standard.Potential adoption of the pope’s language in future UN discussions on autonomous weapons.While concrete regulatory outcomes remain uncertain, the moral weight of the Vatican’s message is likely to shape public discourse and pressure corporations toward more responsible AI practices.
#Pope Leo XIV #Artificial Intelligence #Anthropic
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Business May 25, 2026

Trump Tower in Georgia to be Built on Land Linked to US-Sanctioned Leader's Son

A Trump Tower planned for Tbilisi, Georgia, will be built on land part-owned by Uta Ivanishvili, so…
The Controversial Land Deal A Trump Tower planned for the Georgian capital, Tbilisi, is to be built on land currently part-owned by the son of the US-sanctioned leader of the country, according to official records. The Connection to US-Sanctioned Leader The proposed skyscraper, a joint venture between a local consortium and the Trump Organization, which is managed by the US president’s sons, Donald Trump Jr and Eric Trump, will be on a plot whose current registered owner is the International Charity Fund Cartu. Cartu Group JSC is 35% owned by Uta Ivanishvili, the eldest son of Bidzina Ivanishvili. Bidzina Ivanishvili was put under US sanctions by the Biden administration in 2024 for undermining Georgia's democratic future. The Financial Implications The links between the Trump Organization and the Ivanishvili family will raise fresh concerns about the potential conflict of interest raised by the selling of the US president’s name to developers seeking to sell residential and resort complexes. The Impact on Georgia The Trump Tower project has been seen by Bidzina Ivanishvili’s critics in Georgia as an attempt to ingratiate himself with the US president. Georgian Dream leaders have loudly trumpeted the project as a vote of confidence in Georgia’s economy and governance. The Future Outlook Sandro Kevkhishvili, the anti-corruption programme manager at Transparency International Georgia, said there were grounds for concern that the Trump Tower project in Georgia was “not merely a private business project, but rather a political one”. The White House referred questions to the Trump Organization, which did not respond to requests for comment.
#Trump Organization #Georgia #US sanctions
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Tech May 25, 2026

Google Navigates AI Security Challenges in Real-Time

Google Cloud COO Francis deSouza emphasizes the importance of integrating security into AI strategi…
The AI Security Imperative At a recent event in Los Angeles, Google Cloud COO Francis deSouza stressed that security can't be an afterthought in AI adoption. He advocated for a platform approach to security, warning against 'shadow AI' where employees use consumer tools without organizational oversight. The Risks of 'Shadow AI' DeSouza highlighted the risks associated with employees using unauthorized AI tools, which can lead to security breaches and data exposure. He emphasized that companies need to demand security, governance, and auditability from their platforms from the start. The Challenge of Keeping Pace with AI Threats The threat landscape has changed fundamentally, with the average time between an initial breach and the next stage of an attack dropping from eight hours to 22 seconds. The attack surface has expanded beyond the traditional network perimeter, and companies need to adapt to this new reality. Google's Own AI Security Challenges Despite deSouza's sound advice, Google itself faces challenges with AI security. The company has refunded developers who incurred large bills due to unauthorized API calls to Gemini models. Google's automated systems had upgraded their billing tiers without explicit consent, leading to surprises for developers. The Future of AI-Native Defense DeSouza sees the emergence of AI-native, fully agentic defense as a solution to the challenges posed by AI threats. This approach involves using agents to drive defense, allowing humans to oversee and focus on high-level decision-making. The Skills Gap in AI Security The industry faces a shortage of people qualified to oversee AI security, and the vulnerabilities introduced by AI are multiplying faster than security teams can address them. According to LinkedIn's CISO Lea Kissner, it may take several years for the industry to understand AI security in a sustainable way.
#Google #AI Security #Google Cloud
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Tech May 22, 2026

Apple Challenges Epic Lawsuit Ruling, Seeks Review of App Store Rules

Apple is petitioning the U.S. Supreme Court to review a lower court ruling in its lawsuit with Epic…
The Ongoing Battle Between Apple and Epic Games Apple is once again fighting a court's ruling in its lawsuit with Epic Games over App Store commissions. The iPhone maker has petitioned the U.S. Supreme Court to review a lower court ruling, arguing that Epic Games' beef with Apple over its fee structure shouldn't lead to an injunction that applies to all developers on the U.S. App Store. The Dispute Over App Store Rules Epic Games never brought a class action and never attempted to show that enjoining Apple's conduct against all other developers — like Microsoft or Spotify, who have nothing to do with Epic — was necessary to provide relief to Epic. Apple argues that the injunction should be specific to Epic Games and not apply to other developers. The Data Analysis: Financial Implications Apple charges fees of 27% on external payments, which led to a civil contempt order. The company has seemingly infinite money to fund its legal battles, having been fighting Epic's original 2020 lawsuit for over five years. The Impact Analysis: Industry Ramifications The dispute has significant implications for the tech industry, particularly for companies like Microsoft and Spotify, which could be affected by the injunction. Epic Games criticized Apple's latest move as 'one last Hail Mary to delay a conclusion to this case and avoid opening up the gates to payment competition for the benefit of consumers.' The Prediction: Future Outlook The Supreme Court's decision on Apple's petition will have a significant impact on the future of the App Store and its rules. If the court rules in favor of Apple, it could limit the scope of the injunction and allow the company to maintain its current fee structure. However, if the court rules against Apple, it could lead to significant changes in the way the App Store operates and potentially open up the gates to payment competition.
#Apple #Epic Games #App Store
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Politics May 22, 2026

Trump Delays AI Executive Order Citing China Competition Concerns

President Donald Trump has postponed signing a proposed executive order that would create a volunta…
President Donald Trump announced that the administration will not sign the pending AI executive order, saying it could impede the United States' strategic advantage over China in the emerging artificial‑intelligence race. Executive Order on AI Put on Hold Over China Rivalry The draft order would have established a voluntary framework requiring AI developers to engage with the federal government before releasing advanced models. Sources familiar with the document told Reuters that the administration halted the plan after objections from the president and a lobbying push from Elon Musk and other tech leaders. Political and Strategic Context Behind the Delay Trump's China visit: The postponement comes shortly after the president’s first U.S. presidential trip to China in nearly a decade, where he described the meeting with Xi Jinping as “very successful.” Domestic pressure: House Republicans recently canceled a vote on a war‑powers resolution related to Iran, highlighting the administration’s focus on foreign‑policy priorities. Tech industry influence: Elon Musk publicly denied knowledge of the order’s contents and labeled related reports as false, indicating ongoing tension between the White House and Silicon Valley. Potential Implications for U.S. AI Policy and Industry Delaying the order preserves the status quo, allowing AI firms to continue development without a formal coordination mechanism. This could accelerate the rollout of powerful models but also raises concerns about oversight, safety, and export controls, especially as the U.S. and China vie for dominance in AI research and deployment. What May Come Next for U.S. AI Regulation Analysts expect the administration to revisit the framework once it can reconcile national‑security objectives with industry interests. Future steps may include targeted legislation, tighter export restrictions, or a revised voluntary program that addresses the president’s lead‑over‑China concerns while still providing a channel for government‑industry collaboration.
#Donald Trump #Elon Musk #Artificial Intelligence
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Environment May 22, 2026

Wayúu Communities Fear Colombia’s Green Energy Boom Echoes Coal Mining Past

Indigenous Wayúu leaders in Colombia’s La Guajira warn that a surge in wind‑farm projects threatens…
The Lead: Indigenous Voices Warn of a New Extraction EraIn the arid dry‑tropical forest of La Guajira, Maria Elena Aguilar Uriana points to a dried‑up watering hole and describes how mining has already devastated her community. Now she and other Wayúu leaders fear that the country’s push for wind‑energy is creating a second wave of exploitation.Coal Mining Legacy and Emerging Renewable Projects in La GuajiraFor decades the region has been dominated by Cerrejón, one of the world’s largest open‑pit coal mines, operated by UK‑listed Glencore. The mine has polluted water, spread coal dust over pastures and forced families to relocate. Today, national and corporate plans aim to replace that extractive model with large‑scale wind farms, but Wayúu representatives say the same top‑down approach is being repeated.Scale of the Cerrejón Mine and Planned Wind InfrastructureCerrejón is among the biggest open‑pit coal mines globally, covering thousands of hectares.Renewable‑energy developers are proposing dozens of wind turbines across Wayúu territory, though exact capacity figures have not been disclosed publicly.The projects are promoted as “green” solutions for Colombia’s energy transition, yet community consent processes remain limited.Health, Water Scarcity and Displacement Impacts on Wayúu CommunitiesWayúu testimonies describe chronic respiratory illness, malnutrition and the loss of livestock due to coal dust and dwindling water supplies. José Silva Duarte, president of Nación Wayúu, notes that water is already scarce, and mining consumes vast quantities, forcing families to rely on state‑provided water deliveries or travel long distances to unsafe wells. The combined stress of past mining and looming wind projects has spurred migration to urban centres and across borders, eroding cultural practices built over centuries.Outlook: Negotiating Consent and Sustainable DevelopmentWhile Glencore asserts it monitors air quality and follows Colombian law in land purchases, Wayúu leaders demand genuine participation, protection of water resources and health safeguards before any renewable infrastructure proceeds. The coming months will test whether Colombia can balance its climate ambitions with the rights and wellbeing of its largest Indigenous group.
#Wayúu #Cerrejón #Glencore
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Tech May 20, 2026

The Real Dangers of AI: Michael Wooldridge's Insights

Michael Wooldridge, an Oxford professor and AI expert, discusses the real dangers of AI and the imp…
Understanding Michael Wooldridge's Perspective on AI Michael Wooldridge, a renowned Oxford professor with over 30 years of experience in artificial intelligence, offers a unique perspective on the field. With more than 500 scientific articles and 10 books to his name, Wooldridge is a leading voice in AI research. His work on game theory and its applications to AI has provided valuable insights into the potential risks and benefits of AI. The Intersection of Game Theory and AI Wooldridge's latest book, Life Lessons from Game Theory: The Art of Thinking Strategically in a Complex World, explores the application of game theory to real-world scenarios. He argues that game theory can help us understand situations where self-interested parties interact with one another. This is particularly relevant in the context of AI, where multi-agent systems are becoming increasingly prevalent. The Dangers of Zero-Sum Mentality Wooldridge warns against the dangers of a zero-sum mentality, where one side's gain is seen as the other side's loss. He argues that this mentality is damaging and can lead to a more miserable and less agentive life. Instead, he advocates for a more cooperative approach, where parties work together to achieve mutually beneficial outcomes. The Future of AI: A Call for Responsible Development As AI continues to evolve, Wooldridge emphasizes the need for responsible development and deployment. He encourages developers to consider the potential risks and benefits of AI and to prioritize human values and well-being. By doing so, we can ensure that AI is used to augment human capabilities, rather than control or manipulate them. Conclusion Michael Wooldridge's insights on AI and game theory offer a valuable perspective on the future of AI. By understanding the potential risks and benefits of AI, we can work towards a more responsible and beneficial development of this technology. As Wooldridge notes, the real danger of AI is not a robot takeover, but rather the potential for AI to be used in ways that are detrimental to society.
#Michael Wooldridge #Artificial Intelligence #Game Theory
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