Haaretz EnglishTech
Intel Buys Israeli Quantum Software Firm Classiq for $2.3 Billion
Summarized from Haaretz English by baba
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Intel is acquiring Israeli quantum computing software company Classiq for about $2.3 billion. This deal is the largest in the quantum computing industry's history and Intel's first major acquisition in four years. Classiq's software allows for the creation of quantum computing applications without specialized knowledge.
The story in 4 lines · by baba
- Intel will acquire Israeli quantum computing software company Classiq for approximately $2.3 billion.
- The deal is the largest acquisition in the global quantum computing industry's history.
- This marks Intel's first major acquisition in four years.
- Classiq's software helps build quantum applications without specialized expertise.
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