Rider is extremely unresponsive after updating to 2024.2

I have also excluded the entire Jetbrains folder from Windows Defender but still it takes up to 20 minutes to be responsive again


JetBrains Rider 2024.2
Build #RD-242.20224.401, built on August 14, 2024
Runtime version: 21.0.3+13-b509.4 amd64 (JCEF 122.1.9)
VM: OpenJDK 64-Bit Server VM by JetBrains s.r.o.
Toolkit: sun.awt.windows.WToolkit
Windows 11.0
.NET Core v8.0.4 x64 (Server GC)
GC: G1 Young Generation, G1 Concurrent GC, G1 Old Generation
Memory: 4096M
Cores: 16
Registry:
 ide.experimental.ui=true
Non-Bundled Plugins:
 com.jetbrains.space (242.20224.155)
 com.intellij.ml.llm (242.20224.393)