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moves money TechAfrica News July 20, 2026

Vercel Acquires Talent Behind Egypt’s Stakpak to Build Agentic Infrastructure

AI Summary

Stakpak, an AI infrastructure startup founded in Egypt, has joined cloud platform company Vercel, marking a significant milestone in the startup’s journey from a bootstrapped venture to becoming part of a global technology company focused on agentic infrastructure. Founded in 2023 by George Fahmy, Stakpak set out to develop what it describes as “self-driving infrastructure” by leveraging AI agents to automate software deployment, DevOps operations and infrastructure management.

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