Pentagon's Emil Michael profits $24 million from xAI stock s

Emil Michael, the Pentagon's under secretary for research and engineering, profited up to $24 million selling xAI stock after the Department of War's agreements with the company. Ethics experts say this raises concerns over potential conflicts of interest, as federal law prohibits officials from actions benefiting their financial interests. Michael's compliance with ethics regulations is disputed by critics.

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Summary by Glance · Original reporting by The Guardian Australia