OPEC oil output hits new low in April on Hormuz export disruption, Reuters survey finds - Reuters

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Crypto

Augustus gets conditional OCC approval for AI and stablecoin bank

CointelegraphMay 11, 2026

Peter Thiel-backed Augustus has won conditional OCC approval for a US bank charter focused on AI-driven payments and stablecoin settlement infrastructure.

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Market

Reply Highlights SAP Cloud ERP and AI-Driven Innovation at SAP Sapphire Orlando 2026

YahooMay 11, 2026

Reply will participate in SAP Sapphire & ASUG Annual Conference Orlando 2026 (May 11–13), showcasing its expertise in delivering and implementing SAP Business Suite solutions, including SAP Cloud ERP (Public and Private), SAP Business Data Cloud (BDC), SAP Business Technology Platform (BTP), and AI-powered enterprise capabilities. Reply's presence at SAP Sapphire underscores its strategic partnership with SAP and its commitment to delivering SAP-led, AI-driven transformation for its clients.

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Market

Ciridae Raises $20 Million Led by Accel to Bring AI Transformation to Real Economy Businesses

YahooMay 11, 2026

SAN FRANCISCO, May 11, 2026--Ciridae, the AI transformation firm building operating systems for real economy businesses, today announced it has raised $20 million in seed funding led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures. Founded by CEO Jack Soslow, former partner at Andreessen Horowitz and data scientist at Meta, and CTO Jack Weissenberger, former engineering team leader at Salesforce and Head of ML at Teneyx, Cirida