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moves money Innovation Village | Technology, Product Reviews, Business July 29, 2026

Vercel acquires Egyptian AI infrastructure startup Stakpak in rapid African M&A expansion

AI Summary

US cloud and web development giant Vercel has acquired Egyptian AI infrastructure startup Stakpak. The deal comes just days after Vercel’s acquisition of Ethiopian-founded developer tools startup Better Auth , signaling a clear strategy by the platform to capitalize on African engineering talent to build out its AI-native developer ecosystem. While the financial terms of the transaction remain undisclosed, Stakpak’s founding team will officially join Vercel to drive the development of next-gener

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