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Intel acquires quantum startup Classiq to bolster chip ambitions
Original: Intel acquires quantum startup Classiq to bolster its chip lineup
Intel has acquired Classiq, an Israeli quantum software startup, in a move aimed at strengthening its chip lineup and quantum computing capabilities. The deal brings Classiq's circuit design and optimization technology under Intel's umbrella as the company pushes to compete in the emerging quantum hardware market. Terms of the acquisition were not disclosed.
Why now: The acquisition signals Intel's continued investment in quantum computing amid intensifying competition among chipmakers.
Evidence
- Intel acquires quantum startup Classiq to bolster its chip lineup · www.thestack.technology
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