US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company
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Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests A high-profile US defense department official who oversees the agency’s artificial intelligence efforts made a profit of up to $24m selling a private investment he held in Elon Musk ’s AI company earlier this year, according to government ethics records released this month. The value of his stake totaled a maximum of a million dollars when he joined the department.