Breaking AI & Tech News Analyzed

The Sentencing of Matthew Perry's Former Assistant Kenneth Iwamasa, the former personal assistant to actor Matthew Perry, has been sentenced to 41 months in prison in connection with the television star's death from a fatal dose of the hallucinogenic drug ketamine. The Events Leading to Matthew Perry's Death Iwamasa had testified, as part of a plea agreement, that he injected Perry with ketamine at the actor's request on October 28, 2023, before leaving to run errands. He had no medical training. When Iwamasa returned, he found Perry's lifeless body floating in a hot tub at his home in Los Angeles's Pacific Palisades neighbourhood. Perry was 54 years old at the time. The Impact of Iwamasa's Actions Iwamasa allegedly gave Perry more than 25 shots of the drug in the days leading to his death, including three on the day he died. Court papers state that the Friends star had asked Iwamasa to 'shoot me up with a big one' in his final moments. An autopsy report found that Perry died from the 'acute effects of ketamine'. Prosecutors describe Iwamasa as Perry's 'enabler and supplier', continuing to give him injections despite troubling incidents. The Broader Investigation and Additional Convictions The sentencing of Iwamasa concludes the prosecution of five people alleged to have facilitated the actor's death by helping him access the drug without proper medical supervision. Erik Fleming, a certified drug counsellor, was sentenced to two years in prison for acting as a middleman to help supply Perry with controlled substances. Doctors Mark Chavez and Salvador Plasencia, who allegedly profited from Perry's addiction, were also convicted and sentenced in December. Jasveen Sangha, a British American woman who sold drugs to wealthy customers, was given a lengthy sentence of 15 years in prison. The Future Implications This case highlights the severe consequences of enabling and supplying controlled substances to individuals struggling with addiction. The sentencing serves as a warning to those who would seek to profit from or facilitate drug use.

The Rescue Operation Rescue teams have recovered five of seven villagers who had been trapped for more than a week in a flooded cave in central Laos. The quintet was found alive on Wednesday. Lao and Thai teams said that they were continuing the search for two others who remain missing. The Search Efforts “We’ve found 5 people alive and all safe. There are still 2 people we are searching for,” a Laotian volunteer rescue group said in a social media post. “At 4:30 pm [09:30 GMT], we found our target. We found five people. We are looking for the other two,” added Thai rescuer Kengkach Bangkawong in a separate post. The Cave and the Trapped Villagers The seven Lao nationals entered the cave in Xaisomboun province last week. Shortly afterwards, heavy rain and a landslide blocked their exit, according to a local volunteer group and state-run Lao Phattana News. A Thai volunteer group joined the rescue operation on Sunday. The team included a diver who took part in the 2018 rescue of 12 boys and their football coach from a flooded cave in northern Thailand. The Rescue Video Thai volunteer rescuer Chakrakrit Taengtung posted a video on social media showing him and the five rescued villagers all cheering. The video suggested that they were in good health and good spirits as they raised their arms in the air and smiled.

On 15 May, **BioOrbit** launched its compact **Box‑E** payload aboard a **SpaceX** rocket, beginning a six‑week orbital trial to grow ultra‑pure protein crystals for self‑injectable cancer therapies. Box‑E’s Orbital Test: Microgravity Enables Ultra‑Pure Protein Crystals The microwave‑sized unit will float aboard the International Space Station, where microgravity eliminates the disruptive effects of Earth’s gravity on crystal formation. The resulting crystals are more stable, allowing drug formulations that are impossible to achieve on the ground. Mission duration: ~6 weeks in orbit Target output: thousands of litres of fluid per box per year Goal: Produce cancer‑drug crystals that can be stored in a fridge and self‑injected £9.8 Million Funding Round and UK Space Agency Contract Last month **BioOrbit** closed a **£9.8 million** Series A round led by **LocalGlobe** and **Breega**, earmarked for the orbital test and scaling of the hardware. Earlier in March the company secured a **£250,000** contract from the UK Space Agency to manufacture drugs in microgravity. Potential Disruption of Cancer Treatment Delivery Current immunotherapies such as Merck’s **Keytruda** require lengthy IV infusions in hospitals. By crystallising the active protein, **Box‑E** could enable high‑concentration, low‑viscosity formulations suitable for pen‑injectors, reducing treatment time from hours to minutes and extending shelf‑life. Roadmap to Commercialisation and Market Size **BioOrbit** projects that, if orbital tests succeed, multiple **Box‑E** units could be stacked to meet the demand of a blockbuster drug within a handful of boxes. The company estimates a market of **$22.7 trillion** for in‑space manufacturing across sectors, with pharmaceuticals a key segment. Clinical trials and regulatory approval are expected to take at least five years before the new formulations reach patients. Future Outlook for Space‑Based Pharma Beyond cancer, the crystallisation platform could be applied to the roughly 70 % of top‑selling drugs that are currently administered intravenously. Partnerships with major pharma groups are already being explored, and competitors such as **Varda Space Industries** are also pursuing in‑orbit drug processing, signaling a burgeoning industry.

The Plight of Taxpayers Waiting for Rebates Multiple individuals have faced substantial delays in receiving tax rebates from HMRC, with some waiting up to a year or more for their refunds. These delays have caused significant financial strain, forcing some to use their savings or sell assets to cover costs they believed they owed. Case of a Year-Long Wait for a £153,500 Rebate A father, aged 86, applied for a rebate a year ago after overpaying inheritance tax. Despite HMRC confirming he was owed £153,500 eight months later, he waited another two months without hearing back. His situation worsened as he had to use his savings and sell a field to pay the tax he thought he owed, leaving him short of money. 13-Month Wait for a £5,094 Refund CK, living in Spain, faced a 13-month delay for a refund of £5,094 due to an HMRC error. She had initially paid £8,000 for class 3 national insurance contributions, only to discover she was eligible for the much cheaper class 2. Despite alerting HMRC and receiving a calculation, she waited months for her refund. Efforts to Address the Delays HMRC has acknowledged the issues, citing 'handling errors' and a surge in applications. The government has urged HMRC to improve its response times, and the agency has recruited additional staff. In some cases, intervention led to immediate resolution, with refunds being processed and paid out quickly. A Happy Ending for Some In a positive note, some individuals have seen swift resolutions after their cases were raised with HMRC. For instance, JI, 83, received £63,872 in overpaid tax after a five-month wait, following intervention. The Data Analysis: Financial Impact of Delays £153,500: The amount owed to a father in inheritance tax rebate. £5,094: The refund owed to CK for an overpayment in national insurance contributions. £63,872: The amount of overpaid tax returned to JI. The Impact Analysis: Why Taxpayers Are Affected The delays in tax rebates have significant implications for taxpayers, particularly the elderly and those with limited financial resources. These delays force individuals to use their savings or take on debt, exacerbating financial difficulties. The Prediction: Future Outlook for HMRC's Tax Rebate Process With HMRC's efforts to recruit more staff and address handling errors, there is hope for improvement in the tax rebate process. Enhanced efficiency and communication are crucial to preventing future delays and ensuring taxpayers receive their refunds in a timely manner.

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.

Ronaldo's Perfect Send-Off to World Cup Cristiano Ronaldo will report for World Cup duty fresh from winning his first major trophy since moving to Saudi Arabia in 2022, after Al-Nassr became Saudi Pro League champions last Thursday. The Event Details Although the domestic season ended all smiles for Ronaldo, five days earlier there was much doom and gloom around his club. Al-Nassr lost the final of the AFC Champions League Two, Asia’s Europa League, to Gamba Osaka of Japan. It was a poor performance and Ronaldo came in for special criticism. The Data Analysis Ronaldo's league tally: 28 goals Player of the season award: João Félix The Impact Analysis Ronaldo's win with Al-Nassr comes as a relief, especially after a mixed season that saw him face criticism for his performances. His ability to step up and produce crucial goals will be a boost for Portugal's coach, Roberto Martínez, ahead of the World Cup. The Prediction If Ronaldo can maintain his form and be as accommodating this summer, he and his teammate João Félix may be celebrating again at the World Cup.

The Lead A phenomenon dubbed "AI psychosis" is reportedly affecting tech executives, particularly CEOs, who are overestimating artificial intelligence capabilities while simultaneously implementing mass layoffs. This disconnect between perception and reality is creating organizational chaos in the tech industry. The CEO AI Delusion Box founder Aaron Levie has suggested that CEOs are uniquely prone to "AI psychosis" because they're sufficiently distant from the implementation details of AI systems. When executives "play with AI" by developing prototypes or generating contracts, they often make the leap to believing AI agents can fully handle complex work without understanding the limitations. Unlike their technical teams, CEOs aren't responsible for reviewing code, discovering bugs, or training AI models on company-specific requirements. This lack of firsthand experience with AI's limitations doesn't stop them from making decisions based on overoptimistic assessments of AI capabilities. The Layoff Numbers In the first five months of 2026 alone, the tech industry has already seen 115,430 people fired from 152 tech companies. This nearly matches the 124,636 people let go by 275 companies throughout all of 2025, according to industry tracker Layoffs.fyi. The majority of these layoffs have been attributed to AI, though many argue that companies are engaging in "AI washing" - crediting AI productivity gains when other business decisions are really driving the cuts. The ClickUp Experiment Zeb Evans, CEO of project management software startup ClickUp, proudly declared on X that he had laid off almost a quarter of his employees (22%) after implementing approximately 3,000 AI agents for internal work. Evans insisted this wasn't a cost-cutting measure but rather an attempt to create what he calls a "100x org" composed of people who run and review AI agents' work. The Productivity Paradox Research on AI and productivity presents a complex picture. A meta-analysis published in UC Berkeley's California Management Review found "no robust relationship between AI adoption and aggregate productivity gain." Meanwhile, research from the National Bureau of Economic Research concluded that while AI adoption does improve productivity, there's a "productivity paradox" in which perceived gains exceed measured improvements. MIT researchers studying thousands of AI agents found they aren't yet producing human-quality work in many cases. They predict that at the current rate of improvement, large language models will "be able to complete most text-related tasks with success rates of, on average, 80%–95% by 2029 at a minimally sufficient quality level," with additional time needed to outperform humans. The Executive Bottleneck Research published in the Harvard Business Review suggests that when everyone in an organization uses AI to produce more output, the bottleneck simply shifts to executives. Their work awaits authorization of all the content being generated by AI-empowered employees. If everyone is empowered to act, the system risks becoming overwhelmed, as evidenced by OpenAI's experience last year. As Levie advises, CEOs should use AI extensively to understand both its capabilities and limitations. However, with the current trend of mass layoffs and organizational restructuring based on overoptimistic AI assessments, the tech industry may face continued chaos until this balance is achieved.

Lead The Oklahoma City Thunder rebounded from a shaky start to post a 127-114 win over the San Antonio Spurs, seizing a 3-2 series edge and moving within a single game of the NBA Finals. Thunder Surge in Q2 and Q3 to Secure 127-114 Victory After missing his first four shots and committing three turnovers in the opening quarter, Shai Gilgeous‑Alexander ignited the offense, scoring 12 points in the 40‑point second quarter and adding 11 in the third. Coach Mark Daigneault shuffled the lineup, inserting Jared McCain into the starting five, a move that paid off as the rookie delivered 20 points, most of them after halftime, and protected the ball with zero turnovers in the second half. The Thunder built an 11‑point halftime lead and extended it early in the third, never looking back. Statistical Breakdown: Scoring, Shooting, and Free Throws Final score: 127-114 (Thunder over Spurs) Series lead: Thunder up 3-2 in the Western Conference Finals Shai Gilgeous‑Alexander: 32 points, 9 assists, 7‑of‑19 shooting Jared McCain: 20 points (18 after halftime), 0 turnovers in the second half Chet Holmgren: 16 points, 11 rebounds Alex Caruso: 22 points, 6 assists, 3 steals Victor Wembanyama: 20 points, 6 rebounds, 4‑of‑15 shooting Free throws: Thunder 38, Spurs 32 What the Win Means for the Western Conference Finals The victory restores momentum to a Thunder squad that had dropped Game 4, showcasing depth beyond its star guard. With key contributors like Holmgren and Caruso delivering double‑digit scoring, Oklahoma City can absorb injuries to role players such as Jalen Williams and Ajay Mitchell. For the Spurs, the loss highlights a declining offensive output from Victor Wembanyama, who has struggled to convert shots and rebound at his early‑series pace, putting additional pressure on coach Mitch Johnson to find alternative scoring options. Path to the NBA Finals: What to Expect in Game 6 Game 6 in San Antonio will likely be a showdown between a resurging Thunder offense and a Spurs team forced to lean on Wembanyama’s interior dominance. If Oklahoma City maintains its aggressive perimeter defense and continues to exploit free‑throw opportunities, the Thunder could close the series. Conversely, a breakout offensive performance from Wembanyama—meeting his coach’s call for 15+ shots and 20+ points—could force a decisive Game 7 back in Oklahoma City.

The Sacred Ritual in Motion Muslim pilgrims from around the world have converged on the valley of Mina to participate in one of Hajj's most significant rituals—the symbolic stoning of the devil. This observance, taking place on the third day of the annual pilgrimage, involves pilgrims throwing pebbles at three pillars representing Satan, commemorating the trials of the Prophet Ibrahim (Abraham). The Stoning of the Devil: A Sacred Tradition The ritual, known as 'Ramy al-Jamarat,' requires pilgrims to throw seven pebbles at each of three pillars in Mina. This act symbolizes the rejection of temptation and Satan's temptations, drawing from the Islamic tradition where Prophet Ibrahim was tested by the devil. The pillars are now enclosed in a multi-level structure to accommodate the massive crowds and ensure safety during the ritual. The Journey of Hajj: A Spiritual Pilgrimage Hajj, one of the Five Pillars of Islam, is a mandatory religious duty for Muslims who are physically and financially able to undertake it at least once in their lifetime. The pilgrimage spans several days and includes various rituals, including the Tawaf (circumambulation) of the Kaaba in Mecca, spending time at Arafat, and now the stoning ritual in Mina. This year's Hajj follows the Islamic lunar calendar, bringing millions of pilgrims to Saudi Arabia. Global Significance of the Observance The stoning ritual holds profound significance for Muslims worldwide, representing the rejection of evil and the reaffirmation of faith. Despite the physical challenges, pilgrims describe the experience as spiritually transformative. The ritual also demonstrates the unity of Muslims across different nations, ethnicities, and social backgrounds, all coming together in worship and devotion. Modern Observance: Safety and Organization Saudi authorities have implemented extensive measures to manage the massive crowds during this year's Hajj, including advanced crowd control systems, medical facilities, and security personnel. The stoning area has been expanded with multiple levels to accommodate the influx of pilgrims, and technological systems are in place to monitor crowd flow and ensure the safety of all participants.