Leading Quantum Computing Firm Relocates Headquarters from Silicon Valley to Boca Raton
D-Wave president & CEO Alan Baratz discusses the company’s long-term plan to push quantum circuits to commercial use on ‘The Claman Countdown.’
As states vie for the next generation of high-tech and innovation-driven jobs, Florida has scored another significant victory.
D-Wave Quantum Inc., a trailblazer in quantum computing, has announced its decision to relocate its corporate headquarters from Silicon Valley to Boca Raton, Florida. This move highlights the company’s confidence in the state’s rapidly expanding technology ecosystem.
“Florida represents one of the fastest growing technology ecosystems in the United States, and as such it was the ideal choice for our new corporate headquarters and U.S. R&D facility,” stated D-Wave CEO Dr. Alan Baratz in a company press release. “The state offers a rich scientific and educational environment, a growing pool of highly skilled tech talent, and a vibrant spirit of innovation that made it attractive to D-Wave.”
The company plans to complete its transition to the new headquarters by the end of 2026, with expectations to create hundreds of high-paying technology and research-and-development jobs in the area. D-Wave has noted that demand for its quantum technology continues to rise, and the new headquarters will facilitate accelerated innovation and product development.
CRUISE INDUSTRY GIANT MAKES $100M STRATEGIC BET ON FLORIDA WITH MASSIVE MIAMI HEADQUARTERS
This relocation is part of a broader trend, as numerous technology executives and companies have been moving from California to Florida in recent months, particularly in light of a proposed one-time 5% wealth tax in California.
A wide-angle aerial view shows Boca Raton’s downtown neighborhood. (Getty Images)
D-Wave specializes in developing two types of custom quantum computers that are designed to tackle complex problems significantly faster than traditional systems. Its clientele includes government agencies, Fortune 500 companies, and leading research institutions.
The Boca Raton headquarters will house the company’s main research-and-development facility, which will span 25,000 square feet within the Boca Raton Innovation Campus (BRiC)—the same site where IBM developed the first personal computer in 1981.
The city has shown strong support for D-Wave’s move, with Florida Atlantic University committing $20 million to a partnership that will install one of the company’s Advantage2 quantum computers at its Boca Raton campus.
Boca Raton Mayor Scott Singer joins ‘Varney & Co.’ to discuss growing interest from New York businesses seeking to relocate to Florida amid fears of higher taxes and regulation if socialist mayoral candidate Zohran Mamdani wins the election.
Situated between West Palm Beach and Miami, Boca Raton city officials initiated a campaign last year encouraging business leaders to relocate their families and companies south—an initiative that seems to have resonated with firms like D-Wave.
“The threat of people leaving high-tax, high-crime jurisdictions like New York and other places is real,” Boca Raton Mayor and U.S. congressional candidate Scott Singer told Fox News Digital in October.
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The Corcoran Group agent Julian Johnston exclusively speaks to Fox News Digital about the new wave of California billionaires migrating to South Florida due to a proposed wealth tax.
“It’s been happening for years, and Boca Raton has been the beneficiary of a lot of businesses bringing their corporate headquarters and high-paying jobs here. I think the threat is even more real. People are already preparing to leave… we’re going to see a lot more people looking to bring their businesses here and create jobs in Boca Raton.”
“By welcoming D-Wave’s flagship U.S. R&D operations and its global headquarters to the Boca Raton Innovation Center,” Singer stated in the company’s press release, “we are strengthening our position as a destination for advanced innovation, attracting top-tier technology talent and laying the foundation for long-term economic growth.”
D-Wave president & CEO Alan Baratz discusses the company’s long-term plan to push quantum circuits to commercial use on ‘The Claman Countdown.’
As states vie for the next generation of high-tech and innovation-driven jobs, Florida has scored another significant victory.
D-Wave Quantum Inc., a trailblazer in quantum computing, has announced its decision to relocate its corporate headquarters from Silicon Valley to Boca Raton, Florida. This move highlights the company’s confidence in the state’s rapidly expanding technology ecosystem.
“Florida represents one of the fastest growing technology ecosystems in the United States, and as such it was the ideal choice for our new corporate headquarters and U.S. R&D facility,” stated D-Wave CEO Dr. Alan Baratz in a company press release. “The state offers a rich scientific and educational environment, a growing pool of highly skilled tech talent, and a vibrant spirit of innovation that made it attractive to D-Wave.”
The company plans to complete its transition to the new headquarters by the end of 2026, with expectations to create hundreds of high-paying technology and research-and-development jobs in the area. D-Wave has noted that demand for its quantum technology continues to rise, and the new headquarters will facilitate accelerated innovation and product development.
CRUISE INDUSTRY GIANT MAKES $100M STRATEGIC BET ON FLORIDA WITH MASSIVE MIAMI HEADQUARTERS
This relocation is part of a broader trend, as numerous technology executives and companies have been moving from California to Florida in recent months, particularly in light of a proposed one-time 5% wealth tax in California.
A wide-angle aerial view shows Boca Raton’s downtown neighborhood. (Getty Images)
D-Wave specializes in developing two types of custom quantum computers that are designed to tackle complex problems significantly faster than traditional systems. Its clientele includes government agencies, Fortune 500 companies, and leading research institutions.
The Boca Raton headquarters will house the company’s main research-and-development facility, which will span 25,000 square feet within the Boca Raton Innovation Campus (BRiC)—the same site where IBM developed the first personal computer in 1981.
The city has shown strong support for D-Wave’s move, with Florida Atlantic University committing $20 million to a partnership that will install one of the company’s Advantage2 quantum computers at its Boca Raton campus.
Boca Raton Mayor Scott Singer joins ‘Varney & Co.’ to discuss growing interest from New York businesses seeking to relocate to Florida amid fears of higher taxes and regulation if socialist mayoral candidate Zohran Mamdani wins the election.
Situated between West Palm Beach and Miami, Boca Raton city officials initiated a campaign last year encouraging business leaders to relocate their families and companies south—an initiative that seems to have resonated with firms like D-Wave.
“The threat of people leaving high-tax, high-crime jurisdictions like New York and other places is real,” Boca Raton Mayor and U.S. congressional candidate Scott Singer told Fox News Digital in October.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The Corcoran Group agent Julian Johnston exclusively speaks to Fox News Digital about the new wave of California billionaires migrating to South Florida due to a proposed wealth tax.
“It’s been happening for years, and Boca Raton has been the beneficiary of a lot of businesses bringing their corporate headquarters and high-paying jobs here. I think the threat is even more real. People are already preparing to leave… we’re going to see a lot more people looking to bring their businesses here and create jobs in Boca Raton.”
“By welcoming D-Wave’s flagship U.S. R&D operations and its global headquarters to the Boca Raton Innovation Center,” Singer stated in the company’s press release, “we are strengthening our position as a destination for advanced innovation, attracting top-tier technology talent and laying the foundation for long-term economic growth.”
