DefenseNotableConfirmed
5.4
Elmet Group stock surges 45.7% after Pentagon $450M tungsten investment
Valor Econômico·US·2 days ago
Pentagon CTO Emil Michael publicly advises the US administration to stop investing in AI companies, a notable reversal of the DoD's recent aggressive AI adoption posture. The statement signals potential policy shift in defense-tech funding, though it remains unclear if it reflects official policy or personal opinion. This could impact defense contractors and AI startups reliant on government contracts.