Pentagon official overseeing military AI sold millions worth of stock in AI firm

Emil Michael during a Senate armed services committee confirmation hearing in Washington DC on 27 March 2025. Emil Michael during a Senate armed services committee confirmation hearing in Washington DC on 27 March 2025. The 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. 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% . Michael's latest financial disclosures show that in June, he sold off his shares in Perplexity, an AI-powered search engine.