Haaretz · 26 Oct, 21:33 · Technology briefing

Intel to Acquire Israeli Quantum Computing Startup Classiq in $2.3 Billion Deal

Intel has agreed to acquire Classiq, an Israeli quantum computing startup, in a deal valued at $2.3 billion.

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The briefing

The story
in brief.

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Intel has agreed to acquire Classiq, an Israeli quantum computing startup, in a deal valued at $2.3 billion. This significant acquisition underscores the semiconductor giant’s strategic pivot towards quantum technologies, aiming to integrate advanced quantum software capabilities with its existing hardware infrastructure. For industry observers, the move highlights the accelerating convergence of traditional computing power and quantum innovation. The transaction signals strong corporate confidence in the commercial viability of quantum applications, marking a pivotal moment in the technology sector’s evolution towards next-generation computational solutions.

Employer demand for Quantum Computing skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

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You must recognise that quantum computing is rapidly transitioning from theoretical research to industrial application. This acquisition elevates the value of skills bridging quantum mechanics and software engineering. Professionals in data science, engineering, and strategic planning should monitor this sector closely. You need to understand how quantum algorithms might disrupt current encryption standards and optimisation processes. A smart professional would immediately begin upskilling in quantum computing fundamentals and their practical business implications. Do not wait for quantum readiness to become mainstream; position yourself now by learning how these technologies intersect with your current role. This proactive approach ensures you remain competitive as industries integrate quantum solutions into their core operations.

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Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

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