American technology companies moved to Florida

Two of California's important tech companies moved to Florida

California lost 100,397 tax filers and $11.9 billion in adjusted gross income. New York lost 71,987 filers. Florida gained 55,359 filers and $20.6 billion in income which is more than any other state in the union. The current is unmistakable. ServiceNow and D-Wave just followed it to the Palm Beaches.

In the past year, two of California's most important technology companies both shifted their futures to the same Florida county. One a Fortune 500 AI leader, the other the world's only dual-platform quantum computing pioneer. They are not outliers. They are the clearest signal yet of a structural reordering of the American technology economy.

ServiceNow, the Santa Clara-based Fortune 500 AI platform with nearly $11 billion in revenue and more than 27,000 employees worldwide, committed to a 200,000-square-foot regional innovation hub at 10 CityPlace in downtown West Palm Beach.

The expansion will generate over 850 jobs in five years at an average salary of $170,000, with projected regional economic impact above $1.8 billion. CEO Bill McDermott didn't hedge: "The AI innovation economy has a new epicenter in West Palm Beach, Florida." Inside the hub, ServiceNow is also building an AI Institute and a startup accelerator — engineered to seed the next generation of enterprise technology companies in the region.

Months later, D-Wave Quantum Inc., the world's only dual-platform quantum computing company — announced it would relocate its global headquarters from Palo Alto to Boca Raton, establishing its primary U.S. R&D facility at the Boca Raton Innovation Campus.

D-Wave simultaneously signed a $20 million agreement with Florida Atlantic University to install an Advantage2 quantum computer on campus, making FAU the first Florida university to host a dedicated quantum system. State and city performance-based incentives exceeded $5 million. More than 100 high-paying technology and research positions are expected on the ground by year's end.

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