Intel to buy quantum software firm Classiq for about $2.3bn
Intel announced the acquisition of Classiq, which develops software for programming quantum computers. Bloomberg reported the deal is valued at around $2.3 billion, though Intel declined to confirm the price publicly. The acquisition represents Intel's investment in quantum computing technology, which uses qubits to solve specialized computational problems.
Key points
- Intel acquired Classiq, an Israeli quantum software startup
- Deal valued at approximately $2.3 billion
- Classiq develops programming software for quantum computers
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
Read the full story at The Next Web
