Intel buys Classiq for $2.3 billion, Unconventional AI acquires NeuReality, and SolarEdge cuts about 200 jobs
Intel is buying Israeli quantum software company Classiq in a deal valued at $2.3 billion, US startup Unconventional AI is acquiring chipmaker NeuReality, and SolarEdge lays off about 10% of its staff.
Intel acquires Israeli quantum software company Classiq for $2.3 billion - Globes puts the effective price at about $2.2 billion after Classiq's cash, the largest acquisition ever of a quantum computing company.
Sources: Globes, Ynetnews, Israel Hayom
Classiq's founders and early investors stand to collect hundreds of millions, and Intel's CEO was an early backer - CTech reports Lip-Bu Tan…
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