https://www.intc.com/news-events/press-releases/detail/1784/intel-to-acquire-classiq-to-create-a-full-stack-quantum
30 replies (most recent on top)
LBT's role is to sell the company eventually. He did not invest in Intel anymore. He used up the Intel & government money for other startups. In this way, when he finally dis-assemble Intel for sale, it can be broken up into 10+ small companies and sell for more.
Why don't your manager make chips for us instead of hiding like a criminal ?
Step aside Quantinium, Intel will take care if all the quantum computing needs.
@ha how dare your manager be late for a meeting!!! Intel ethics hotline… call it in!
@fm turn over your passport and maybe you can pull a wage mixing cement in Gaza. That's as close as you'll get to Jared's check cashing.
@fa it is indeed…. I can imagine the seizures she is getting lol…, where is Jared? We want a slice of the check. Jared is the one cashing it right?
@e4 - your world is flat :-)
Intel only gave $2000 bonus to Israel employees while laying off American employees. It must be Israel puppet 🤣 😂 😆
LBT has acquired at least 3 startups in the past year, nearly all are from his own investment companies. The total has accumulated to above 5B dollars. Think about how many people are laid off to free up the 5B for LBT’s friends.
To all the losers saying this purchase helps Intel you are just drinking the kool aid and are the reason everything at Intel and the world in general su-ks a-s so hard. You are just NPC's parroting whatever the grifters in charge are telling you as they rip us all off.
There are no profits to be had in quantum now or anytime in the near future. It is certainly a legit field for computation, physics and materials science but it is an academic pursuit for research institutions and companies flush with cash looking to take risks. Intel is struggling to stay alive and has no business spending 2.3B of taxpayer money on this fake a-s software that sits on top of yet to be created quantum interfaces.
I am beginning to believe that the defect finders are so full of unexplainable ha-e that their brain cells are truly declining or dead at this point. They can’t be this du-b/gullible. You guys know you find EOL defects and intel is winning inline. Keep pushing your luck… your du-basses is what made this thing bigger than it should be
At least LBT is trying to do something to make quantum an actual Intel business, as opposed to standing around, saying, 'c'mon, do something'.
This is fake news
Actually, it looks kind of like an asset transfer.
This is fake news release to unproven quantum cr-p again to prevent stock crash and foundry bigger issues
LBT bailing out his Tel Aviv VC
LBT proves you can't speel Quantum Computing without 'Intel'.
still got about another 6.7B of tax payer money to siphon off
@da Intel has investigated itself and found no wrongdoing.
Based on the timing are we sure this isn't a payoff to cover up the fab explosion? Someone should report this to the ethics board for a ruling! Haha! Does that thing even exist at Intel anymore? I imagine it is about as effective as all the safety boards that send out notices for every little paper cut but completely cover up anytime someone almost dies from falling equipment or live wire electrocution.
OP, the money is not gone.
This is quantum physics, where the money can be seen or observed but not both.
You know, like the cat in the box, but with billions.
@am he's already in on it
Jesus cries to take US tax money to build Israel empire.
Wow, more layoffs coming to make the 2B for the startup. Sh-t.
Encouraging news, which will enable Intel to build a system solution. Sometimes it is better to buy than build - the Cisco playbook.
@a7 Intel has always been a CIA and Mossad joint venture. They should at least disclose this to new hires so they at least know they are signing up to be baby killers. God judges all.
@a5 Someone should tell LBT it only costs $20 in tokens to write a "full stack" software solution. But when you are being extorted by Trump and Lutnick you have to send the money where they tell you.
How many more positions will get cut to reduce costs and make room for the new acquisition?
Yeah that's BS.
Full stack LMAO? Quantum "computers" don't even exist yet and there's no evidence still they could technically exist.
What does exist is fixed functions. But that doesn't make even a simple computer.
All this "quantum" stuff is pure fraud.
Just think how many apartments can be bulldozed with that many shekels! Thanks Intel!
Pure fraud from the usual suspects.