Yhn SciencePhysics first seen 3 d ago, last 9 min ago, peak #8

Intel to buy quantum firm Classiq for about $2.3 billion

Original: Intel to buy quantum firm Classiq for about $2.3B

Intel is set to acquire Israeli quantum computing software firm Classiq for roughly $2.3 billion, according to a Bloomberg News report carried by Reuters. The deal would mark one of Intel's largest moves into quantum technology, signalling the chipmaker's intent to deepen its presence in next-generation computing as competition among semiconductor giants over quantum capabilities intensifies.

Why now: A major semiconductor company making a multibillion-dollar bet on quantum computing is significant tech industry news.

IntelClassiqBloomberg NewsReuters

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• Intel to buy quantum firm Classiq for about $2.3B · wslh · 8

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