# Lip-Bu Tan, the CEO of Intel Corporation (NASDAQ:INTC), has taken on a new role as a board member of quantum computing firm PsiQuantum.

*web3 · news · 2026-05-01 · Benzinga*

## Key points

- Lip-Bu Tan has joined the board of $7 billion quantum computing firm PsiQuantum.
- Tan previously backed PsiQuantum and IonQ through his venture capital firm A&E Investments.
- Intel's board rejected Tan's 2025 proposal to acquire AI startup Rivos due to conflict of interest.
- Experts have raised governance concerns about Tan's overlapping roles at Intel and his investment firms.

**Companies:** Intel Corporation, PsiQuantum, IonQ
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/private-markets/26/05/52205646/intel-ceo-lip-bu-tan-has-a-new-role-in-nvidia-backed-fault-tolerant-quantum-computing-firm)

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