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deep tech TNW October 27, 2026

Intel to buy quantum software firm Classiq for about $2.3bn

Intel to buy quantum software firm Classiq for about $2.3bn
AI Summary

Intel has agreed to buy Classiq, an Israeli startup that makes software for programming quantum computers. The chipmaker announced the deal on Monday without giving a price, but it is worth about $2.3bn, Bloomberg reported, citing people familiar with the matter. Intel declined to comment on the figure.

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