US defense officials told senators on the armed services committee that the cost of the war on Iran totaled more than $11.3bn in the first six days alone, according to multiple reports.
Exclusive: Oro Labs, which uses AI for corporate procurement, raises $100 million. The fundraise was led by Goldman Sachs Growth Equity and Brighton Park Capital, Fortune’s Jeremy Kahn reports. Oro declined to disclose its valuation following the fundraise. The new capital raise brings the total amount of money the startup has raised to date to $160 million.
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