• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechIntel

Goodbye Moore’s Law! Intel invests $50 million into quantum computing partnership

By
Stacey Higginbotham
Stacey Higginbotham
Down Arrow Button Icon
By
Stacey Higginbotham
Stacey Higginbotham
Down Arrow Button Icon
September 3, 2015, 10:25 AM ET
Brian Krzanich, chief executive officer of Intel Corp., speaks during a keynote session at the Mobile World Congress in Barcelona, Spain, on Wednesday, March 4, 2015. The event, which generates several hundred million euros in revenue for the city of Barcelona each year, also means the world for a week turns its attention back to Europe for the latest in technology, despite a lagging ecosystem. Photographer: Simon Dawson/Bloomberg *** Local Caption *** Brian Krzanich
Brian Krzanich, chief executive officer of Intel Corp., speaks during a keynote session at the Mobile World Congress in Barcelona, Spain, on Wednesday, March 4, 2015. The event, which generates several hundred million euros in revenue for the city of Barcelona each year, also means the world for a week turns its attention back to Europe for the latest in technology, despite a lagging ecosystem. Photographer: Simon Dawson/Bloomberg *** Local Caption *** Brian KrzanichPhotograph by Simon Dawson — Bloomberg via Getty Images

Intel, the chip giant, has committed $50 million and engineering resources as part of a 10-year partnership with a Dutch university to advance research in quantum computing. The partnership with Delft University of Technology and TNO, the Dutch Organization for Applied Research, will involve research and materials at Intel and at the university.

Intel (INTC) is not the only big name company involved with quantum computing. Google (GOOG) has a quantum computing lab it operates with NASA and has experimented with a quantum computer from D-Wave Systems, a Canadian startup. Lockheed Martin has also purchased a D-wave machine, while IBM (IBM) has invested significant amounts in basic quantum computing research in its labs.

Perhaps Intel is ready to publicly admit that Moore’s Law is on its last legs and that it’s time to start seeking other ways of moving computing forward. The chip giant’s co-founder Gordon Moore coined the law, which posits that the number of transistors on a chip would double every two years, and Intel has reaped the benefits of making ever smaller chips crammed with more and more transistors. The entire computing industry has profited in the form of faster, cheaper, and smaller computers.

Now that model is coming to an end as physics make it more challenging and expensive keep up with Moore’s Law, which means researchers are looking elsewhere. Quantum computing, which is completely unlike traditional transistor-based computing, is one avenue of research. Quantum computers could solve problems other computers can’t, such as simulations of large-scale financial analysis and molecules that could lead to drug development.

Rather than working with binary ones and zeros as transistors do, quantum computing is more probabilistic. It uses quantum entanglement to allow a combination of zeros and ones to simultaneously answer many questions with quantum bits of information. These quantum bits of information are called qubits, and they generally only hold their state when they are kept very, very cold.

Mike Mayberry, Intel vice president and managing director of Intel Labs, explained in a press release that Intel could help make quantum computing a reality, not with quantum theory so much as the specialized electronics that connect the qubits: “While qubit development has been the focus of quantum computing research to date, low-temperature electronics will be required to connect, control, and measure multiple qubits, and this is where we can contribute.”

It’s an exciting area of research, although one that has always been about a dozen years out since I started covering computing 14 ago. Yet, in the last five years, several big-name companies have started putting more engineering muscle and money behind quantum computing. So maybe Intel’s CEO Brian Krzanich was correct when he wrote in a blog on this investment:

Intel can help advance progress in this field through our leading manufacturing, electronics and architectural expertise. We can help with scaling this technology. Why am I so confident? Because this is what we do best. This research is on the cutting edge of silicon, architecture and software. Intel’s entire history has been built on driving innovations in the very leading edge of all three of these.

Maybe this time around we really will see quantum computing a dozen years from now.

For more on Intel and its efforts to boost diversity—in hiring, not computing architectures—see this Fortune video:

Subscribe to Data Sheet, Fortune’s daily newsletter on the business of technology.

About the Author
By Stacey Higginbotham
See full bioRight Arrow Button Icon

Latest in Tech

InnovationVenture Capital
This Khosla Ventures-backed startup is using AI to personalize cancer care
By Allie GarfinkleDecember 4, 2025
1 hour ago
AIEye on AI
Companies are increasingly falling victim to AI impersonation scams. This startup just raised $28M to stop deepfakes in real time
By Sharon GoldmanDecember 4, 2025
2 hours ago
Jensen Huang
SuccessBillionaires
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant ‘state of anxiety’ out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
2 hours ago
Ted Pick
BankingData centers
Morgan Stanley considers offloading some of its data-center exposure
By Esteban Duarte, Paula Seligson, Davide Scigliuzzo and BloombergDecember 4, 2025
2 hours ago
Zuckerberg
EnergyMeta
Meta’s Zuckerberg plans deep cuts for Metaverse efforts
By Kurt Wagner and BloombergDecember 4, 2025
2 hours ago
Pichai
Big TechAlphabet
Alphabet’s AI chips are a potential $900 billion ‘secret sauce’
By Ryan Vlastelica and BloombergDecember 4, 2025
2 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
7 hours ago
placeholder alt text
North America
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combating homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
2 days ago
placeholder alt text
Economy
Ford workers told their CEO 'none of the young people want to work here.' So Jim Farley took a page out of the founder's playbook
By Sasha RogelbergNovember 28, 2025
6 days ago
placeholder alt text
North America
Anonymous $50 million donation helps cover the next 50 years of tuition for medical lab science students at University of Washington
By The Associated PressDecember 2, 2025
2 days ago
placeholder alt text
Economy
Scott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’
By Nick LichtenbergDecember 3, 2025
1 day ago
placeholder alt text
AI
IBM CEO warns there’s ‘no way’ hyperscalers like Google and Amazon will be able to turn a profit at the rate of their data center spending
By Marco Quiroz-GutierrezDecember 3, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.