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Intel to buy Israeli quantum startup Classiq for $2.3 billion

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

Intel is acquiring Classiq, an Israeli quantum computing software startup, in a deal reported at $2.3 billion, described as a record for the sector. The acquisition would mark a major expansion of Intel's quantum ambitions and one of the largest exits for Israel's quantum technology industry. Reaction is focused on the scale of the price and Intel's commitment to quantum computing.

Why now: Intel's record $2.3 billion acquisition of an Israeli quantum startup is breaking tech news.

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