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D-Wave President and CEO Alan Baratz discusses the company’s long-term plan to push quantum circuits into commercial use on “The Claman Countdown.”
As states compete for the next generation of high-tech, innovation-driven jobs, Florida has scored another important victory.
D-Wave Quantum Inc., a publicly traded quantum computing pioneer, announced it will move its corporate headquarters from Silicon Valley to Boca Raton, Fla., betting on the state’s rapidly expanding technology ecosystem.
“Florida represents one of the fastest-growing technology ecosystems in the United States, and as such was the ideal choice for our new US corporate headquarters and R&D facility,” Dr. Alan Baratz, CEO of D-Wave. said in a company press release. “The state offers a rich scientific and educational environment, a growing pool of highly skilled technology 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 and is expected to create hundreds of high-paying technology and research and development jobs in the area. D-Wave said demand for its quantum technology continues to grow and the new headquarters will help accelerate innovation and product development..
CRUISE INDUSTRY GIANT MAKES $100M STRATEGIC BET IN FLORIDA WITH MASSIVE MIAMI HEADQUARTERS
He joins a growing list of tech and business executives moving from the golden state of California to the sunshine state of Florida in recent months as tensions rise over a proposed a single wealth tax of 5%. in California
A wide-angle aerial view shows Boca Raton’s downtown neighborhood. (Getty Images)
D-Wave is developing two types of custom quantum computers designed to solve complex problems much faster than traditional systems. Its clients include government agencies, Fortune 500 companies and leading research institutions.
The Boca Raton headquarters will include the company’s main 25,000-square-foot research and development facility within the Boca Raton Innovation Campus (BRiC), the same site where IBM developed the first personal computer in 1981.
The city has also been bullish on 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 on the school’s Boca Raton campus.
Boca Raton Mayor Scott Singer Joins ‘Varney & Co.’ to discuss the growing interest from New York companies looking to relocate to Florida amid fears of increased taxes and regulation if Socialist mayoral candidate Zohran Mamdani wins the election.
Located between West Palm Beach and Miami, Boca Raton City Council officials launched a campaign last year to urge business leaders to move their families and businesses south, an effort that appears to have resonated with corporations like D-Wave.
“The threat of people moving out of high-tax, high-crime jurisdictions like New York and other places is real,” said the Boca Raton mayor and U.S. congressional candidate. Scott Singer told Fox News Digital in October
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Corcoran Group agent Julian Johnston talks exclusively to Fox News Digital about the new wave of California billionaires migrating to South Florida due to a proposed estate tax.
“It’s been happening for years, and Boca Raton has been the beneficiary of a lot of companies moving their corporate headquarters and high-paying jobs here. I think the threat is even more real. People are already getting ready to leave … we’re going to see a lot more people who want to bring their businesses here and create jobs in Boca Raton.”
“Welcoming the Boca Raton Innovation Center to Boca Raton’s innovation hub,” Singer said, “strengthens our position as a destination for advanced innovation, attracting top technology talent and laying the foundation for long-term economic growth.”
