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

1 septembre 2026 à 15:17

Exclusive: financial disclosures from Emil Michael – who also reaped millions from xAI stock earlier this year – show he sold his Perplexity stock for up to $25m

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. (Federal financial records show ranges of dollar values rather than specific figures.)

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%.

US news | The Guardian

Mark Carney tells US to ‘start being serious’ amid escalating trade war

Par : Victoria Bekiempis and Guardian staff

1 septembre 2026 à 11:48

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults

US politics live – latest updates

Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada.

Days before Canada is due to retaliate against Trump’s sweeping tariffs with its own duties on US goods, the Canadian prime minister criticized US officials for insulting his country. “It is beneath their office,” he said.

US news | The Guardian

London Stock Exchange to lose three more firms after takeover offers

Par : Mark Sweney

1 septembre 2026 à 06:08

Latest purchases take value of deals to leave capital’s stock market this year past $100bn

Three more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market passes $100bn (£74bn) so far this year.

On Tuesday, Bodycote, the FTSE 250 industrials group that has been listed on the London Stock Exchange since 1972, agreed a £1.84bn takeover by the US private equity group Veritas.