US defense official overseeing AI reaped millions selling xAI stock (theguardian.com) AI

A Pentagon official overseeing the department’s AI efforts, Emil Michael, sold private xAI stock for gains of up to about $24m shortly after the Pentagon entered agreements with xAI, according to US ethics disclosures. Federal law bars officials from taking job actions that benefit their own financial interests, and ethics experts said the timing raises serious concerns. The Pentagon says Michael complied with ethics rules and that the allegations are false.