Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’

Govini founder Eric Gillespie released on  million bond with Pentagon probe ‘ongoing’


Mug shot of Eric Gillespie, Govini Founder and Chairman.

Courtesy: Pennsylvania Attorney General

Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail.

Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to travel, and his passport has been revoked.

He was initially denied bail following his arrest on Nov. 7, with the judge citing flight risk and public safety concerns.

David Shrager of Shrager Defense Attorneys, who represents Gillespie, insisted that his client did not break any laws.

“Mr. Gillespie has never contacted a minor, either online or in person, and the facts clearly prove that,” Shrager said after the hearing on Thursday.

“Completely false statements, including the use of artificial intelligence between adults made in the context of an online fantasy chat, are not illegal,” he added.

Gillespie’s next court date is Dec. 18.

The Pennsylvania Attorney General’s Office said Gillespie sent lewd photos to an agent posing as a father offering his daughter to be abused, and made graphic comments about sexual acts with children.

Gillespie, 57, commented on the security of the encrypted platforms being used in the chats between him and the undercover agent, according to a criminal complaint obtained by CNBC.

Gillespie is the founder of defense contractor Govini.

He was listed on the company’s website on the leadership page as a board member as recently as Aug. 17, according to an archived version of the page available on the Wayback Machine.

The company terminated Gillespie on Nov. 12.

Earlier this year, Govini landed a nearly $1 billion contract with the Department of Defense. The company’s suite of artificial intelligence-enabled applications is used by every department of the U.S. military and other federal agencies.

Following his arrest, Pentagon officials said they were looking into Gillespie and possible security issues.

CNBC has repeatedly asked the Department of Defense about updates on the status of the probe and potential security concerns with Govini or Gillespie.

“We don’t comment on ongoing investigations,” a Pentagon spokesperson said Thursday.



Source

Alphabet’s 160% rally in a year reflects value of owning ‘most of the stack’ in AI
Technology

Alphabet’s 160% rally in a year reflects value of owning ‘most of the stack’ in AI

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at […]

Read More
Nvidia embraces role of AI investor, pushing past  billion in equity bets this year
Technology

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | AFP | Getty Images Nvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping […]

Read More
Jim Cramer says ‘it’s not to late’ to own AI winners powering the market
Technology

Jim Cramer says ‘it’s not to late’ to own AI winners powering the market

CNBC’s Jim Cramer said the market continues to be driven overwhelmingly by enthusiasm around semiconductors and data center stocks, and next week will test whether investors keep rewarding nearly any positive AI-related development. “This market keeps going up and up on the same old stuff: news about semiconductors, even old news about semiconductors, retreaded news […]

Read More