Lip-Bu Tan explained the $2.3 billion deal to investors on Thursday. He did not mention the price or his own investment in the Israeli firm.
Intel has agreed to acquire Israeli quantum software company Classiq, as CEO Lip-Bu Tan positions quantum computing as a "third pillar" alongside CPUs and GPUs. The deal, whose price has not been...
Intel CEO Lip-Bu Tan believes that the total addressable market for his firm's CPUs, when it comes to demand stemming from the AI agentic market, could surge to $200 billion over five years. The...
The reported $2.3 billion acquisition would pair Intel’s silicon expertise with Classiq’s software to ease quantum application development.
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