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✉news BusinessStartups first seen 12 h ago, last 24 min ago, peak #1

Intel to buy Israeli quantum startup Classiq for $2.3 billion

Original: Intel to acquire Israeli quantum startup Classiq for $2.3 billion

Intel has agreed to acquire Classiq, an Israeli quantum computing startup, in a deal reported at $2.3 billion. The move signals Intel's continued push into quantum technology, adding Classiq's software and circuit-design expertise to its portfolio. The acquisition also highlights growing corporate interest in Israel's deep-tech startup sector.

Why now: The announced acquisition of a major quantum startup by Intel is significant tech industry news.

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