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Intel Acquires Israeli Quantum Startup Classiq for $2.2 Billion
Intel has reportedly completed a massive $2.2 billion acquisition of Classiq, an Israeli quantum computing software company. This deal stands out as the largest transaction ever recorded in the quantum computing sector. Following the purchase, Classiq's operations will transition into Intel's primary global hub for quantum development. The move underscores Intel's deepening commitment to advancing quantum technologies and expanding its engineering footprint.