A senior Pentagon official responsible for military AI policy has sold shares in another AI company for between $5 million and $25 million, according to newly obtained financial disclosures. The official, who previously made substantial profits from selling stock in Elon Musk’s AI firm earlier this year, had gains ranging from 400% to 4,800% on that investment. Federal records only provide value ranges rather than exact figures, raising questions about conflicts of interest in overseeing AI development. The disclosures follow earlier reports detailing the official’s financial ties to the tech sector.
Exclusive: financial disclosures from Emil Michael – who also reaped millions from xAI stock earlier this year – show he sold his Perplexity stock for up to $25mThe top Pentagon official overseeing military artificial intelligence policy, who reaped profits earlier this year of up to $24m selling his private investment in Elon Musk’s AI company, has now sold his holdings in another AI company for between $5m and $25m, according to records seen by the Guardian. (Federal financial records show ranges of dollar values rather than specific figures.)Earlier this year, the Guardian disclosed that the official, Emil Michael, had profited handsomely from his investment in Musk’s xAI in January, with a gain of between 400% and 4,800%. Continue reading...
