Intel CEO Sees Quantum Computing Working Alongside CPUs and GPUs
Insider Brief Intel Chief Executive Lip-Bu Tan said quantum computers are likely to work alongside conventional processors rather than replace them, as the industry searches for commercially useful applications. “In my view, GPUs, CPUs and quantum computing are all forms of computing, so they will run together in certain application areas, and you will be […]
PsiQuantum Appoints Lip-Bu Tan to Board of Directors
Insider Brief PRESS RELEASE — PsiQuantum today announced that Lip-Bu Tan, a leader of the semiconductor industry and Chief Executive Officer of Intel Corporation, has joined the PsiQuantum Board of Directors. Tan brings decades of experience building and scaling the foundational technologies that underpin modern computing. Before his 2025 appointment as CEO of Intel, he […]
Quantum Algorithm Design Pioneer Classiq Announces $33 Million in Series B
PRESS RELEASE — Classiq, which provides a platform for quantum algorithm design, today announced that it has raised $33 million in a Series B round. Hewlett Packard Pathfinder, the venture capital program of Hewlett Packard Enterprise (HPE); Phoenix, a $60-billion insurance company; Spike Ventures, a Stanford alumni investor group; and Samsung NEXT, the investment arm of Samsung […]