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The analysis of credit risk is crucial for the efficient operation of financial institutions. Quantum Amplitude Estimation (QAE) offers the potential for a quadratic speed-up over classical methods used to estimate metrics such as Value at…

The first experimental demonstration of an adaptive quantum state estimation (AQSE) is reported. The strong consistency and asymptotic efficiency of AQSE have been mathematically proven [ A. Fujiwara J. Phys. A 39 12489 (2006)]. In this…

Quantum policy evaluation (QPE) is a reinforcement learning (RL) algorithm which is quadratically more efficient than an analogous classical Monte Carlo estimation. It makes use of a direct quantum mechanical realization of a finite Markov…

We developed a quantum eigensolver (QE) which is based on an extension of optimized binary configurations measured by quantum annealing (QA) on a D-Wave Quantum Annealer (D-Wave QA). This approach performs iterative QA measurements to…

Quantum Physics · Physics 2024-06-06 Hayun Park , Hunpyo Lee

The compensated quotient-difference (Compqd) algorithm is proposed along with some applications. The main motivation is based on the fact that the standard quotient-difference (qd) algorithm can be numerically unstable. The Compqd algorithm…

Numerical Analysis · Mathematics 2017-02-20 Peibing Du , Roberto Barrio , Hao Jiang , Lizhi Cheng

We present an algorithm for measurement of $k$-local operators in a quantum state, which scales logarithmically both in the system size and the output accuracy. The key ingredients of the algorithm are a digital representation of the…

Quantum Physics · Physics 2018-10-16 Apoorva Patel , Anjani Priyadarsini

The quantum approximate optimization algorithm (QAOA) is a leading iterative variational quantum algorithm for heuristically solving combinatorial optimization problems. A large portion of the computational effort in QAOA is spent by the…

Quantum Physics · Physics 2022-08-23 Ohad Amosy , Tamuz Danzig , Ely Porat , Gal Chechik , Adi Makmal

Simulation-based optimization is a widely used method to solve stochastic optimization problems. This method aims to identify an optimal solution by maximizing the expected value of the objective function. However, due to its computational…

Quantum Physics · Physics 2025-01-20 Monit Sharma , Hoong Chuin Lau , Rudy Raymond

Retrieval augmented Question Answering (QA) helps QA models overcome knowledge gaps by incorporating retrieved evidence, typically a set of passages, alongside the question at test time. Previous studies show that this approach improves QA…

Computation and Language · Computer Science 2025-09-12 Laura Perez-Beltrachini , Mirella Lapata

Although quantum approximate optimization algorithm (QAOA) has demonstrated its quantum supremacy, its performance on Noisy Intermediate-Scale Quantum (NISQ) devices would be influenced by complicated noises, e.g., quantum colored noises.…

Quantum Physics · Physics 2023-09-04 Bo Yue , Shibei Xue , Yu Pan , Min Jiang

Variational Quantum Algorithms (VQAs) are a class of hybrid quantum-classical algorithms that leverage on classical optimization tools to find the optimal parameters for a parameterized quantum circuit. One relevant application of VQAs is…

Quantum Physics · Physics 2026-01-26 Mirko Legnini , Julian Berberich

Leverage score sampling is crucial to the design of randomized algorithms for large-scale matrix problems, while the computation of leverage scores is a bottleneck of many applications. In this paper, we propose a quantum algorithm to…

Quantum Physics · Physics 2023-09-19 Changpeng Shao

Variational quantum algorithms are believed to be promising for solving computationally hard problems and are often comprised of repeated layers of quantum gates. An example thereof is the quantum approximate optimization algorithm (QAOA),…

Classical Monte Carlo methods for pricing catastrophe insurance tail risk converge at order reciprocal root N, requiring large simulation budgets to resolve upper-tail percentiles of the loss distribution. This sample-sparsity problem can…

Applications · Statistics 2026-03-18 Alexis Kirke

We introduce a variational algorithm based on the quantum alternating operator ansatz (QAOA) for the approximate solution of computationally hard counting problems. Our algorithm, dubbed VQCount, is based on the equivalence between random…

Quantum Physics · Physics 2026-04-16 Julien Drapeau , Shreya Banerjee , Stefanos Kourtis

Quantum phase estimation algorithm (PEA) is one of the most important algorithms in early studies of quantum computation. It is also a key for many other quantum algorithms, such as the quantum counting algorithm and the Shor's integer…

Quantum Physics · Physics 2022-10-04 Xi Lu , Hongwei Lin

We consider the problem of estimating the expected outcomes of Monte Carlo processes whose outputs are described by multidimensional random variables. We tightly characterize the quantum query complexity of this problem for various choices…

Quantum Physics · Physics 2021-07-09 Arjan Cornelissen , Sofiene Jerbi

There are quantum procedures that encode the solutions to a problem in the phases of quantum amplitudes. This happens in some quantum optimization algorithms in which the value of a function to be maximized or minimized is represented by a…

Quantum Physics · Physics 2025-11-24 Pranjal Agarwal , Nada Ali , Mark Hillery

We introduce OpenQAOA, a Python open-source multi-backend Software Development Kit to create, customise, and execute the Quantum Approximate Optimisation Algorithm (QAOA) on Noisy Intermediate-Scale Quantum (NISQ) devices and simulators.…

Quantum error mitigation (QEM) is vital for noisy intermediate-scale quantum (NISQ) devices. While most conventional QEM schemes assume discrete gate-based circuits with noise appearing either before or after each gate, the assumptions are…

Quantum Physics · Physics 2021-03-12 Jinzhao Sun , Xiao Yuan , Takahiro Tsunoda , Vlatko Vedral , Simon C. Bejamin , Suguru Endo
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