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    Startups and technology

    Nominal raises $240M at $3B, tripling its value since March INVESTORS AND FUNDING

    Nominal raises $240M at $3B, tripling its value since March

    Nominal’s Series C, led by Lightspeed and Insight Partners, triples its valuation since March. Five of the seven largest defence contractors use its hardware testing and AI analysis software.

    Investors and funding

    Nominal raises $240M at $3B, tripling its value since March INVESTORS AND FUNDING

    Nominal raises $240M at $3B, tripling its value since March

    Nominal’s Series C, led by Lightspeed and Insight Partners, triples its valuation since March. Five of the seven largest defence contractors use its hardware testing and AI analysis software.

    Corporates and innovation

    Adobe becomes Disney’s AI partner to build models on its characters ARTIFICIAL INTELLIGENCE

    Adobe becomes Disney’s AI partner to build models on its characters

    The multi-year deal extends Firefly work at Imagineering to Disney's film studio and ESPN.

    Government and policy

    EU sues IBM, Atos and Leonardo over border system delays, FT reports EUROPE

    EU sues IBM, Atos and Leonardo over border system delays, FT reports

    EU agency eu-LISA is taking the three firms to court over late delivery of its Entry/Exit System for travellers.

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