The Source Code is a digital publication for businesses and enterprises that want reality over rhetoric. If you’re responsible for growth, strategy, transformat

Joined December 2025
7 Photos and videos
From a Dubai villa in 2011 to 11 stores and the UAE's first pet care super app. The Petshop CEO Amr Hazem Youssef: "In the pet industry, people will tolerate slower service if they know they can rely on you. But once that breaks, it takes far longer to rebuild than it did to establish." the-sourcecode.com/startups/…
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Up to 95% of enterprise AI pilots deliver no measurable return, yet spending climbs past $300bn in 2026. Vijay Jaswal sold these platforms at IFS and Software AG. His new UAE firm, Kudo Advisory, bets the fix was never technological. the-sourcecode.com/business-… #EnterpriseAI #AIGovernance #UAE
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Infrared light attracts insects. Insects attract spiders. Spiders walk in front of cameras. Alarms fire. Operators stop trusting the system. @AxisIPVideo Rudolph Opperman on the failure that changed everything. #PerimeterSecurity #PhysicalSecurity #EdgeAI #CriticalInfrastructure #SensorFusion - the-sourcecode.com/data-infr…

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On the same day, @AnthropicAI filed toward a near-$1tn IPO and @Google announced an $80bn raise to fund compute. One giant is selling itself to the public; the other is buying the capacity it can’t build fast enough. Two opposite bets on the one constraint that now decides AI. the-sourcecode.com/ai-tech/a… #AnthropicIPO #AICompute
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The infrastructure is deployed and the billion users are already inside it. Mohammed AlThaher of #Sitecore and Andreas Hassellöf of Ombori told The Source Code why the window is closing faster than the strategy decks suggest, and what brands must build now to come through it. the-sourcecode.com/ai-tech/g…
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Less than 1% of "critical" vulnerabilities in the average enterprise are actually exploitable. The other 99% consume engineer hours and were never going to hurt anyone. Inside Qualys's bet that most of cybersecurity has been chasing the wrong list. Part of our editorial partnership series with @qualys - the-sourcecode.com/cybersecu…
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Easy to file @core42_ai 's Buffalo tripling under "another data centre". Zoom out instead. It's one of 10 sites across the US, Europe and the Middle East, stitched so customers provision compute in different countries under one model. For sovereign cloud, that spread isn't overhead. It's the product. And every site still answers a national question.
@core42_ai has tripled its Buffalo cluster to 60MW, and the US is only one front. 10 operational sites now span the US, Europe and the Middle East, tied together by an AI Cloud platform letting customers run compute across countries under one model. For a sovereign cloud provider, that spread is the product: capacity inside whichever borders a customer needs. More sites due through 2026. the-sourcecode.com/data-infr…
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The biggest AI risk inside enterprises isn't the model. It's the person at the keyboard. New Optro research across 822 audit, GRC, IT, and security leaders in the US, Canada, Germany, and the UK finds that the dominant threat is no longer model failure but everyday human decisions made within ungoverned AI tools. 82% report a rise in AI-enabled attacks over the past year. Social engineering, the manipulation of people rather than systems, now ranks ahead of ransomware. Yet only 34% keep a formal AI inventory, and just 31% have incident response procedures. Static GRC frameworks update once a year against threats that change daily. Our full analysis is live. the-sourcecode.com/cybersecu…
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Top news: @Uber is moving to take control of @careem. e& has sold a 12.5% stake for $100m, moving its holding to 37.53% while staying a meaningful shareholder. Put/call options in 2031-32 set a clear horizon. The twist: the independence e& backed is what made Careem worth reuniting with Uber. Almost 5X top-line growth, the Everything App model proven. the-sourcecode.com/startups/…
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#YangoGroup's first MENA venture investment is in embedded finance. #YangoVentures has backed Dubai-based Comfi AI in a Pre-Series A round. Comfi builds financing into the invoicing and partner systems SMEs already use, so businesses reach working capital without a separate lending process. Its claim: payment cycles cut from months to a single day. That speed is the real proposition beneath the BNPL and invoice-discounting label. In markets where credit access has long been the bottleneck for small businesses, financing baked into the transaction flow is a different bet from standalone lending. The open question is whether it displaces traditional SME credit or sits alongside it. the-sourcecode.com/startups/… #EmbeddedFinance #Fintech #SMEFinance #MENATech #VentureCapital
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Global venture capital: $96B across ~21,000 rounds in Jan-May 2025. $26.7B across ~460 rounds in Jan-May 2026. The UAE went from $64.8M to $526M. India went from $5.08B to $960M. PE-backed megadeals disappeared. Military AI and autonomous systems replaced data centre buildout as the top trend in the data. The market did not shrink uniformly. It sorted. Full data breakdown at the link. the-sourcecode.com/startups/…
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Uber burned its 2026 AI budget by March. COO Andrew Macdonald says the link between spend and shipped features is "not there yet." Duolingo pulled AI from performance reviews. Klarna rehired the humans it replaced with chatbots. 78% of enterprise AI projects have failed or stalled. $547bn of last year's spend produced zero measurable results. The accountability moment is here. Read: the-sourcecode.com/ai-tech/a…
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