{"id":73278,"date":"2026-02-02T06:24:09","date_gmt":"2026-02-02T09:24:09","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/888596464"},"modified":"2026-02-02T06:24:09","modified_gmt":"2026-02-02T09:24:09","slug":"california-tech-company-moving-headquarters-to-florida-in-another-devastating-blow","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/02\/california-tech-company-moving-headquarters-to-florida-in-another-devastating-blow\/","title":{"rendered":"California tech company moving headquarters to Florida in another devastating blow"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i3.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/02\/120231254.jpg?quality=75&strip=all&w=1200&ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p>The state of California is losing yet another tech company to Florida.<\/p>\n<p>In a dramatic sign of the rising allure of low-tax, pro-business states, quantum computing firm <a href=\"https:\/\/nypost.com\/2025\/05\/03\/science\/why-the-world-is-in-a-race-to-achieve-quantum-superiority\/\">D-Wave Quantum Inc.<\/a> announced it is relocating its corporate headquarters and key R &amp; D operations from Palo Alto to Boca Raton, Florida.<\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>D-Wave CEO Dr. Alan Baratz claimed Florida\u2019s rapidly growing tech ecosystem, expanding talent pool, and supportive research environment make the state ideal for quantum innovation. <span class=\"credit\">Sportsfile via Getty Images<\/span><\/figcaption><\/figure>\n<p>The move, confirmed in a statement from the company, marks a <a href=\"https:\/\/nypost.com\/2026\/01\/08\/business\/wealth-tax-threat-prompts-at-least-six-billionaires-to-cut-ties-with-california-with-about-20-more-mulling-exit-report\/\">stinging blow to Silicon Valley<\/a>, in what many see as a broader trend of tech companies leaving high-cost Cali for more business-friendly regions.<\/p>\n<p>CEO Dr. Alan Baratz made no secret of the strategy: Florida\u2019s rapidly growing tech ecosystem, expanding talent pool, and supportive research environment make the state ideal for quantum innovation.<\/p>\n<p> \u201cWith our new headquarters in Boca Raton, D-Wave will bring to South Florida incredible opportunities for advanced research, talent recruitment, and high-impact technology development that is shaping the future of computing,\u201d Baratz said in a statement.<\/p>\n<aside class=\"single__inline-module aligncenter wp-block-nypost-editor-primary-tag\">\n<div class=\"inline-module inline-module--more inline-module--trending inline-module--more--thirds\">\n<div class=\"inline-module__inner\">\n<h2 class=\"inline-module__heading subsection-heading subsection-heading--underline subsection-heading--underline--indent-30 \"> Explore More <\/h2>\n<\/p><\/div>\n<\/div>\n<\/aside>\n<p>Florida officials hailed the move as a major victory. <\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>in January, Boca Raton officials approved a resolution where D-Wave would get up to $500,000 to relocate there and create 100 new jobs with an average annual salary of at least $125,000. <span class=\"credit\">Jin \u2013 stock.adobe.com<\/span><\/figcaption><\/figure>\n<p>\u201cWe\u2019re excited to welcome D-Wave to Florida&nbsp;as it accelerates the development and delivery of its&nbsp;quantum computing technologies, which will&nbsp;help&nbsp;further&nbsp;establish the state as a center of high demand job growth and business formation through innovation,\u201d said Florida Secretary of Commerce J. Alex Kelly.<\/p>\n<p>\u201cBy welcoming D-Wave\u2019s flagship \u2026 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,\u201d Boca Raton Mayor Scott Singer said.<\/p>\n<p>The relocation is a centerpiece of a major partnership with the state of Florida. D-Wave will install its \u201cAdvantage2\u201d quantum computer at <a href=\"https:\/\/www.fau.edu\/engineering\/news\/0127-onsite-quantum-computer\/\" target=\"_blank\" rel=\"noopener\">Florida Atlantic University\u2019s Boca Raton campus<\/a>, in an effort to \u201caccelerate and solidify the state of Florida\u2019s position as a leader in quantum computing.\u201d<\/p>\n<p>While Sacramento faces political uncertainty and weighs a <a href=\"https:\/\/nypost.com\/2026\/01\/12\/us-news\/what-to-know-about-californias-proposed-billionaire-tax-and-the-moguls-fleeing-to-dodge-it\/\">controversial new \u201cbillionaire tax,\u201d<\/a> Florida has been rolling out the red carpet with tax breaks and economic development incentives.<\/p>\n<p>Earlier in January, Boca Raton officials approved a resolution where D-Wave would get up to $500,000 to relocate there and create 100 new jobs with an average annual salary of at least $125,000, per local news outlets.<\/p>\n<figure class=\"nyp-slideshow-modal-image wp-block-image aligncenter size-large\"><figcaption>D-Wave builds quantum computers specializing in solving complex optimization problems using quantum annealing and gate-model technology. <span class=\"credit\">Shutterstock \/ T. Schneider<\/span><\/figcaption><\/figure>\n<div class=\"single__inline-module inline-module inline-module--newsletter aligncenter inline-module--nypostbusinessunit aligncenter wp-block-nypost-editor-newsletter\" data-source-unit=\"Inline Newsletter Module Cali - Morning Report\">\n<div class=\"inline-module__inner\">\n<div class=\"inline-module__title-wrapper\">\n<div class=\"inline-module__unsubmitted-title-wrapper\">\n<h3 class=\"inline-module__title headline headline--combo-sm-md\"> The California Post is here. Sign up for Morning Report. <\/h3>\n<p class=\"inline-module__cta\"> Get the perfect blend of news, sports and entertainment delivered to your inbox every day. <\/p>\n<\/p><\/div>\n<p><h3 class=\"inline-module__title headline headline--combo-sm-md\"> Thanks for signing up! <\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>D-Wave officials insist that the move is not a reaction to the potential looming wealth tax, according to the <a href=\"https:\/\/www.latimes.com\/business\/story\/2026-01-31\/californian-tech-company-to-move-headquarters-to-florida#:~:text=The%20announcement%20comes%20after%20business,have%20urged%20companies%20to%20move.\" target=\"_blank\" rel=\"noopener\">LA Times<\/a>.<\/p>\n<p>The new headquarters will be situated in the Boca Raton Innovation Center, with a 1.7-million-square-foot office space. The move is expected to be completed before the end of 2026.<\/p>\n<p>For Palo Alto, it\u2019s a loss of high-paying jobs and prestige. For Boca Raton, it\u2019s a quantum leap forward.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<h2 class=\"wp-block-heading\"><strong>Download The California Post App, follow us on social, and subscribe to our newsletters <\/strong><\/h2>\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><strong>California Post News<\/strong>: <a href=\"https:\/\/www.facebook.com\/TheCaliforniaPost\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>, <a href=\"https:\/\/www.instagram.com\/californiapost\" target=\"_blank\" rel=\"noopener\">Instagram<\/a>, <a href=\"https:\/\/www.tiktok.com\/@CaliforniaPost\" target=\"_blank\" rel=\"noopener\">TikTok<\/a>, <a href=\"https:\/\/x.com\/californiapost\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.youtube.com\/@thecaliforniapost\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>, <a href=\"https:\/\/www.whatsapp.com\/channel\/0029Vb6a2IV1NCrL6q2AWq0E\" target=\"_blank\" rel=\"noopener\">WhatsApp<\/a>, <a href=\"http:\/\/linkedin.com\/company\/californiapost\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a><br \/><strong>California Post Sports<\/strong> <a href=\"https:\/\/www.facebook.com\/capostsports\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>, <a href=\"https:\/\/www.instagram.com\/capostsports\/?hl=en\" target=\"_blank\" rel=\"noopener\">Instagram<\/a>, <a href=\"https:\/\/www.tiktok.com\/@capostsports\" target=\"_blank\" rel=\"noopener\">TikTok<\/a>, <a href=\"https:\/\/www.youtube.com\/@CaliforniaPostSports\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>, <a href=\"https:\/\/x.com\/capostsports\" target=\"_blank\" rel=\"noopener\">X<\/a><br \/><strong>California Post <\/strong><a href=\"https:\/\/x.com\/californiapost\" target=\"_blank\" rel=\"noopener\">Opinion<\/a> <br \/><strong>California Post Newsletters<\/strong>: <a href=\"https:\/\/email.nypost.com\/#california-post\" target=\"_blank\" rel=\"noopener\">Sign up here!<\/a><br \/><strong>California Post App<\/strong>: <a href=\"https:\/\/apps.apple.com\/us\/app\/california-post\/id6751343487\" target=\"_blank\" rel=\"noopener\">Download here!<\/a><br \/><strong>Home delivery<\/strong>: <a href=\"https:\/\/subscribe.californiapost.com\/defaultCAP\">Sign up here!<\/a><a href=\"https:\/\/apps.apple.com\/us\/app\/california-post\/id6751343487\" target=\"_blank\" rel=\"noopener\"><br \/><\/a><strong>Page Six Hollywood<\/strong>: <a href=\"https:\/\/pagesix.com\/hollywood-signup\/\" target=\"_blank\" rel=\"noopener\">Sign up here!<\/a><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<\/div>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; is losing yet another <span class=\"match\">tech<\/span> company to Florida. In &#8230; claimed Florida\u00e2\u0080\u0099s rapidly growing <span class=\"match\">tech<\/span> ecosystem, expanding talent pool &#8230; : Florida\u00e2\u0080\u0099s rapidly growing <span class=\"match\">tech<\/span> ecosystem, expanding talent pool, &#8230; innovation, attracting top-tier <span class=\"match\">technology<\/span> talent, and laying the &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-73278","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/73278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=73278"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/73278\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=73278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=73278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=73278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}