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Onodrim raises $300M to buy European defence and industrial firms

Onodrim Industries, a defence group based in Amsterdam, has raised $300M in a round led by Lux Capital. The deal values the firm at $1.3bn, Onodrim said in a statement on Monday. Other backers include General Catalyst, Lakestar, Altimeter, Strike Capital, 137 Ventures, 8090 and Expeditions. The capital comes nine months after Onodrim’s €40M seed […]

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Nvidia investigates after CEO admits affair linked to spy reports

Nvidia’s board has opened an independent investigation after chief executive Jensen Huang admitted on Sunday to a relationship with Alice Huang, a former executive at Nvidia customer Megaspeed. US spy agencies reportedly believe she was working for China. The admission is the latest turn in a story that began less than two weeks ago. Since […]

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Google’s AI Features Sent One Site An Estimated 21% Of Its Clicks via @sejournal, @MattGSouthern

One site opted out of Google’s AI features to estimate its clicks from AI Overviews and AI Mode, plus a possible lift on regular listings.

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