Ian King / Bloomberg : Intel agrees to acquire Tel Aviv-based quantum computing startup Classiq; Classiq has raised more than $200M in funding and has about 130 employees — Intel Corp. agreed to buy Israeli startup Classiq Technologies Ltd. as part of a push to capitalize on quantum computing, a still-nascent field that is seeking commercial applications.
Intel agrees to acquire Tel Aviv-based quantum computing startup Classiq; Classiq has raised more than $200M in funding and has about 130 employees (Ian King/Bloomberg)
In short
Intel is acquiring Tel Aviv-based quantum computing startup Classiq, aiming to capitalize on the burgeoning field of quantum computing. Classiq has secured over $200 million in funding and employs approximately 130 individuals, positioning it as a key player in the quantum computing landscape.
Key points
- Intel is acquiring Tel Aviv-based quantum computing startup Classiq.: Intel is acquiring Tel Aviv-based quantum computing startup Classiq.
- Classiq has raised over $200 million in funding.: Classiq has raised over $200 million in funding.