Intel buys Israeli quantum computing co Classiq for $2.2b

Intel (INTC) agreed to acquire Classiq, a quantum computing software provider. The deal aims to combine Classiq's software with Intel's quantum and semiconductor technologies, creating an end-to-end quantum computing platform. Intel shares rose 0.45% in after-hours trading to $90.89, following a 4.04% increase during the day.

Intel (INTC) agreed to acquire Israeli startup Classiq Technologies to expand its quantum computing efforts. The terms of the deal were not disclosed and it is subject to regulatory approvals.

Intel (INTC) agreed to acquire Classiq, a quantum computing software firm, to combine its synthesis platform with Intel's spin-qubit technology. The deal aims to enhance Intel's quantum computing capabilities and is expected to close in early 2027, pending regulatory approvals.

Intel (INTC) agreed to acquire Classiq to combine its quantum hardware and software with Classiq's synthesis platform. The deal, pending regulatory approval, is expected to close in the first half of 2027. Intel aims to build a full-stack quantum platform, though financial terms and timelines for revenue impact were not disclosed.

Intel plans to acquire Classiq, a quantum computing software company, to expand its quantum computing capabilities. The deal, expected to close in 2027, will combine Intel's quantum hardware and software with Classiq's automated quantum algorithm synthesis platform. Intel aims to become a full-stack quantum solutions provider, adding Quantum Processing Units (QPUs) to its compute platform portfolio.

Anthropic, an AI firm, filed for an IPO under the ticker 'ANT,' with a potential valuation of $1.5T-$2T. Nvidia, Intel, Micron, and AMD saw stock gains of 2.4% to 4%. Anthropic reported $16.3B in H1 revenue, up $1.2B YoY. The IPO could raise $100B+ and launch by Nov. 16, according to The Wall Street Journal.