Intel 

Intel Takes a Bite Out of the Quantum Stack – Small Deal, Big Option!

With Classiq, Intel is early to the software hub of the next megatrend – a manageable price for a potentially huge option!
Leonid Kulikov
L. Kulikov
Reading Time: 2 minutes

Intel acquires the Israeli quantum software company Classiq for approximately 2.3 billion USD. Classiq does not build chips, but instead creates a hardware-independent development platform on which customers like BMW and AT&T can test quantum applications. CEO Lip-Bu Tan, previously a Classiq investor himself, aims to shape a full-stack quantum division. I believe the timing is well chosen. Quantum computing is currently transforming from a scientific domain to an engineering discipline: IBM is investing over 10 billion USD over five years...

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