Intel to acquire Israeli quantum software firm Classiq, CEO calls quantum a 'third pillar'

Intel has agreed to acquire Israeli quantum software company Classiq. CEO Lip-Bu Tan framed quantum computing as a "third pillar" of the business alongside CPUs and GPUs.

• Intel is acquiring Israeli quantum software developer Classiq
• CEO Lip-Bu Tan calls quantum the third pillar after CPUs and GPUs
• Deal value and closing timeline were not disclosed