Intel to Acquire Israeli Quantum Computing Firm Classiq in Reported $2.3B Deal
Intel will acquire Israeli quantum software firm Classiq for a reported $2.3B, integrating its quantum hardware with Classiq's platform to advance quantum…
Intel
Intel Warns Kiryat Gat Plant Explosion Could Cut Expected Revenue by $300M
An October explosion at Intel's Kiryat Gat plant has led to a $300M revenue cut and a 200-basis-point drop in gross margins for Q4.
Second Intel Worker Dies After Kiryat Gat Explosion
A second Intel worker has died from injuries sustained in a gas cylinder explosion at the Kiryat Gat plant; a third remains in serious condition.
Three Injured in Fire at Intel Plant in Kiryat Gat
Three individuals were injured in a fire and explosion at Intel's plant in Kiryat Gat on Tuesday, with hazardous materials units responding.
Intel Spin-Off RealSense Scores $600 Million Exit in Just 14 Months
Israeli-founded RealSense, an Intel spin-off, was acquired for $600 million, just 14 months after its independent launch, highlighting AI vision demand.
Tel Aviv-Based Buildots Raises $130M to Scale AI Construction Technology
Tel Aviv-based Buildots raises $130M led by O.G. Venture Partners, scaling AI construction technology with major firms like Intel and Digital Realty.
US intel secretly flagged major 2020 election vulnerabilities, including voter data, memo:
Trump claims US intel flagged 2020 election vulnerabilities on Truth Social, alleging voter data risks.
Ignite DeepTech Launches Spring Cohort to Accelerate Israel’s Next Deep Tech Innovators
Ignite DeepTech has launched the spring cohort of its early-stage acceleration program for startups in deep technology fields, in collaboration with Intel and other strategic partners. Ten startups have been selected for the three-month program, each focused on transforming industries such as cybersecurity, AI, biotechnology, drones, and more.