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Pentagon Official Emil Michael Reports Sale of AI Company Stock

Emil Michael, a Pentagon official responsible for military AI policy, has sold his stock in Perplexity for between $5 million and $25 million. This follows a previous sale of his investment in xAI, which yielded profits of up to $24 million.

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Perplexity xAI
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Emil Michael

Emil Michael, a top Pentagon official overseeing military artificial intelligence policy, has sold his stock in the AI company Perplexity for an amount between $5 million and $25 million, according to financial disclosures reviewed by the Guardian. Earlier this year, Michael sold his private investment in Elon Musk's AI company, xAI, for profits estimated between $24 million, with gains ranging from 400% to 4,800%. Federal financial records typically present ranges of dollar values rather than exact figures.

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

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Pentagon Official Emil Michael Reports Sale of AI Company Stock