Browsers, Brainwaves, & Bold Bets

LFG Ventures presents a weekly newsletter delivering private market (pre-IPO) insights and signals across tech and frontier industries.

Hi Friends,

This week, the AI race extended its reach into your web browser, your brain, and even the rockets fueling future defense systems. Perplexity’s bold move on Chrome could reshape how billions of people access information, while brain-computer interface competition heats up with Sam Altman entering the space. SpaceX is fighting for Starlink’s place in rural broadband funding, and Anduril is bolstering domestic rocket motor production. Meanwhile, xAI sees a leadership change with an optimistic twist.

Let’s get into it.

📡 Radar

🧠 Sam Altman Backs Neuralink Rival

OpenAI CEO Sam Altman is investing in Merge Labs, a brain-computer interface company competing directly with Neuralink. Elon Musk’s lighthearted reaction on X kept the conversation lively, but the move highlights growing competition in neurotech. We are going to try and get access. Mashable

🤝 Leadership Shift at xAI

xAI co-founder Igor Babuschkin is departing to focus on AI safety initiatives. While any leadership change makes headlines, this could broaden xAI’s network and bring in fresh technical perspectives as the company scales. Silicon Angle

🚀 SpaceX Pushes Back on Virginia Broadband Plan

SpaceX is criticizing Virginia for leaving Starlink out of the state’s broadband funding program. The company argues Starlink offers the fastest path to rural connectivity, especially in underserved areas. PC Mag

🔥 Anduril Opens Rocket Motor Plant

Defense tech company Anduril has launched a full-rate solid rocket motor facility in McHenry, Mississippi. The $75 million complex now employs over 100 workers (up from 40 in early 2024), has test-fired more than 700 motors, and aims to produce 6,000 tactical motors annually by 2026, ensuring a more resilient and vertically integrated U.S. defense supply chain. Reuters

🖥  Perplexity Plays Chrome Card

Just six weeks after raising $200 million, Ramp added another $500 million to fuel its AI expansion and now sits at a $22.5 billion valuation. The funds will help scale its suite of AI agents that automate finance tasks like fraud detection and expense management, positioning Ramp as the system of record for modern finance teams. CNBC

💬 Prompt

Where should we begin?

Describe what a typical morning in 2040 might look like if AI agents run 90 percent of daily life.

🧠 Wisdom

🔄 Acceleration Loop

This is the loop that keeps great companies moving forward. Start with clear goals. Run into problems. Dig in and diagnose what is really going on. Design better solutions. Then get back to doing. Repeat the cycle relentlessly. Accelerate.

🧢 Gear Drop

👕 LFG Apparel Shop

Many of you have been asking for LFG gear, so we built a shop to make it happen. We’ll be adding fresh pieces over the next few weeks. For those who have been asking for a second or even third hat for friends and investors, now is your chance to stock up.

Have a great weekend!

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