Intel agreed to acquire Israeli quantum computing startup Classiq for approximately $2.3 billion.

What it means

Intel has agreed to acquire Israeli quantum computing software startup Classiq for approximately $2.3 billion. The deal combines Classiq's automated algorithm synthesis platform with Intel's silicon spin-qubit hardware, positioning Intel as a full-stack quantum computing provider. This is one of the largest acquisitions in the quantum computing sector, signaling Intel's significant investment in next-generation computing.

Accuracy & sourcesGrounded

The claim is well-supported by multiple reputable sources (Bloomberg, Reuters, Haaretz) citing people familiar with the matter, making it highly reliable. The proximity of the reporting to the primary source (anonymous insiders) and cross-source consistency strongly suggest the deal is confirmed.

How new

Genuinely new as of October 26–27, 2026.

Go deeper

• Bloomberg (via Google News) — first to publish