The Latest Breaking News from Khosla Ventures

Also: All the news and watercooler chat from Fortune.

Khosla Ventures Managing Director Keith Rabois' defense of federal immigration agencies after a fatal ICE shooting sparked a public clash with founder Vinod Khosla. While Rabois defended law enforcement, Khosla condemned the ICE agents' actions as "vigilantes" and criticized the administration.

A change in language education technology has triggered fresh competition, as Forbes reported that Speak, an AI-powered tutoring platform built by two Thiel Fellowship alumni, surpassed $100 million in annualized revenue while expanding into new markets.

Over the past decade, Alumni Ventures has raised over $1.5 billion and invested in more than 1,600 companies, participating alongside major venture firms like Andreessen Horowitz and Khosla Ventures.

Rabois said he also wants to bring employees back to the office.

Opendoor shares surged 80% after naming Shopify’s COO as CEO, with options volume triple the daily average. Its stock had 44 unusually active calls and 41 puts, underscoring a sharp bullish-bearish divide on the company’s outlook.

If Kaz Nejatian can clear all the performance hurdles in his compensation package, he’ll own 11.6% of the tech company.

Varda Space Industries completed a $187 million Series C funding round in July, lifting the total capital haul for the space startup to $329 million. Natural Capital and Shrug Capital led the fundraiser, with participation from Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital and Also Capital. 

FieldAI, a two-year-old robotics startup announced last Wednesday that it raised $405 million across two recent funding rounds.