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✉news BusinessStartups first seen 1 d ago, last 11 h ago, peak #1

Intel to Buy Quantum Startup Classiq for About $2.3 Billion

Intel has agreed to acquire Classiq, an Israeli quantum computing software startup, in a deal valued at roughly $2.3 billion. The move signals Intel's push to strengthen its position in quantum computing technology as competition among chipmakers intensifies.

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

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