Intel has agreed to acquire Classiq, a Tel Aviv-based quantum computing software and algorithms company, and will establish a new Quantum Computing Business as part of the deal. The announcement describes the move as a transformational moment for Intel's quantum computing group. With Classiq, Intel says it will become a full-stack quantum solutions provider, adding QPUs to a compute portfolio that already spans CPUs, GPUs and ASICs. The post also welcomes Classiq co-founders Nir Minerbi, Amir Naveh and Yehuda Naveh along with the company's team to Intel.

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Thread · 1 event
  1. First reportIntel reportedly agrees to acquire Israeli quantum-computing startup Classiq21 acc.
  2. Leviathan published this article

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Cited posts

  • @AIStockSavvy Hardik ShahFirst reportOn X ↗

    📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $INTC Intel to Buy Israeli Startup Classiq, The deal is part of quantum computing push.

  • @faststocknewss FSMNOn X ↗

    INTEL $INTC AGREES TO BUY ISRAELI STARTUP CLASSIQ TECHNOLOGIES

  • @IPONewsroom_ IPO NewsroomOn X ↗

    Intel $INTC agreed to acquire Israeli quantum computing startup Classiq, Bloomberg reports. Financial terms were not disclosed. Classiq develops software that lets companies design, test and run quantum programs across different hardware platforms. The startup, whose customers…

Show 3 more cited posts
  • @coinbureau Coin BureauOn X ↗

    🇺🇸 LATEST: Intel is reportedly acquiring Israeli quantum computing startup Classiq for $2.3 BILLION, per Bloomberg. Classiq’s software lets companies design quantum applications across different hardware platforms, with customers including BMW and AT&T. The deal would help Intel…

  • @LipBuTan1 Lip-Bu TanOn X ↗

    Today, we announced that @intel has entered into an agreement to acquire @ClassiqTech, a recognized pioneer in quantum computing software and algorithms, based in Tel Aviv, Israel. This marks a transformational moment for Intel’s quantum computing group, as we establish a new…

  • @business BloombergOn X ↗

    Intel agreed to buy Israeli startup Classiq Technologies as part of a push to capitalize on quantum computing, a still-nascent field that is seeking commercial applications https://t.co/2xUal7RiR8

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