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Why Is a Quantum Computing Pioneer Leaving Silicon Valley?
Published 5 months ago
Description
D-Wave is relocating its headquarters from Palo Alto, California, to Boca Raton, Florida, establishing a new research and development facility. The move is driven by Florida's scientific environment and tech talent. The relocation follows California's proposed Billionaire Tax Act, although D-Wave states the move is unrelated. Boca Raton City Council offers up to $500,000 in incentives, expecting to create 100 jobs. D-Wave also plans to install a quantum computer at Florida Atlantic University under a $20-million agreement. The quantum market is projected to grow significantly by 2035.
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