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Groq Gains, Gov Grants, & GPTs
LFG Ventures presents a weekly newsletter delivering private market (pre-IPO) insights and signals across tech and frontier industries.

Happy Friday,
This week’s radar hits on multiple themes we are tracking closely. Elon continues to stack his empire with SpaceX funding xAI, OpenAI drops autonomous agents, and the DoD puts $200 million behind top AI labs (including several we have backed). Meanwhile, Groq gears up for a fresh raise, and Kraken cracks open tokenized public equities.
Let’s get into it.
📡 Radar
🧠 OpenAI Launches GPT Agents
OpenAI just rolled out GPT agents, AI tools that can take real-world actions like booking flights, sending emails, or navigating web apps. This unlocks a huge leap in automation for enterprises and startups alike. Expect a rush of new products built around agent workflows. OpenAI
🚀 SpaceX Invests $2B into xAI
SpaceX has committed $2 billion to support xAI, Elon’s AI company, marking a deepening of ties between his ventures. This move reinforces xAI’s ambition to build foundational models using Tesla data, Starlink infrastructure, and now SpaceX capital. The Elon ecosystem is starting to look like an AI superstack. Yahoo Finance
🛡 DoD Awards $200M to Leading AI Labs
The Department of Defense is awarding up to $200 million to Anthropic, xAI, and OpenAI as part of its push to modernize defense systems with frontier AI. This is a strong signal that the U.S. government sees these companies as critical to national security. We have exposure to all three and are watching closely. CNBC
📈 Kraken Launches Tokenized Public Equities
Kraken has launched xStocks, allowing users to trade tokenized shares of companies like Apple and Tesla 24 hours a day. On-chain equities are starting to look more real with more liquidity. Retail access to global assets is getting closer. Kraken
⚡️ Groq Gears Up for New Raise at $6B Valuation
Groq is reportedly raising a new round at a $6 billion valuation — up 2x from when we last invested. The company is building ultra low-latency chips designed for real-time AI, with breakout performance demos turning heads across the industry. We’re evaluating participation in the new round — reply to this email if you’re interested. Yahoo Finance
💬 Prompt
Ready when you are.
Draft a style guide for maintaining brand consistency across digital platforms.

📣 Wisdom
🧩 Mapping the Muskonomy
We came across this awesome visual from Yohei Nakajima that outlines how all of Elon’s companies fit together. From compute to launch pads to brain interfaces, it’s a clear look at how xAI, SpaceX, Tesla, and Neuralink stack up as an integrated ecosystem. Maybe all of these end up under one umbrella someday…
musk co company relationships
— Yohei (@yoheinakajima)
12:35 AM • Jul 13, 2025
👁️ Stoicism
Do the hard things.

₿ GENIUS and CLARITY Acts Clear the House
Hope you are stacking SATS and HODLing your Bitcoin.
Massive wins for crypto in the House:
GENIUS Act passes 307-122.
CLARITY Act passes 294-134.
💪🚀🇺🇸
— David Sacks (@davidsacks47)
8:05 PM • Jul 17, 2025
Stay cool out there,


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