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US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company
| United Kingdom | world | ✓ Verified - theguardian.com

US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

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<p>Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests</p><p>A high-profile US defense department official who oversees the agency’s <a href="https://www.theguardian.com/technology/artificialintelligenceai">artificial intelligence</a> efforts made a profit of up to $24m selling a private investment he held in <a href="https://www.theguardian.com/technology/elon-musk">Elon Musk</a>’s AI compa

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<p>Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests</p><p>A high-profile US defense department official who oversees the agency’s <a href="https://www.theguardian.com/technology/artificialintelligenceai">artificial intelligence</a> efforts made a profit of up to $24m selling a private investment he held in <a href="https://www.theguardian.com/technology/elon-musk">Elon Musk</a>’s AI compa
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