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In finance, assessing the creditworthiness of loan applicants requires lenders to cluster borrowers using rating scales. Financial institutions must define the scales in compliance with strict institutional constraints, resulting in solving…

Benchmarking the performance of quantum optimization algorithms is crucial for identifying utility for industry-relevant use cases. Benchmarking processes vary between optimization applications and depend on user-specified goals. The…

Variational quantum algorithms (VQAs) have the potential of utilizing near-term quantum machines to gain certain computational advantages over classical methods. Nevertheless, modern VQAs suffer from cumbersome computational overhead,…

Quantum Physics · Physics 2021-06-25 Yuxuan Du , Yang Qian , Dacheng Tao

Many recent investigations conclude, based on asymptotic complexity analyses, that quantum computers could accelerate combinatorial optimization (CO) tasks relative to a purely classical computer. However, asymptotic analysis alone cannot…

Quantum Physics · Physics 2024-12-18 Pedro C. S. Costa , Mauro E. S. Morales , Dong An , Yuval R. Sanders

Quantum machine learning is a rapidly growing field at the intersection of quantum technology and artificial intelligence. This review provides a two-fold overview of several key approaches that can offer advancements in both the…

Quantum Physics · Physics 2023-03-07 Alexey Melnikov , Mohammad Kordzanganeh , Alexander Alodjants , Ray-Kuang Lee

This paper proposes a hybrid quantum-classical algorithm to solve a fundamental power system problem called unit commitment (UC). The UC problem is decomposed into a quadratic subproblem, a quadratic unconstrained binary optimization (QUBO)…

Quantum Physics · Physics 2022-04-19 Reza Mahroo , Amin Kargarian

Variational Quantum Algorithms (VQAs) are promising methods for solving combinatorial optimization problems on noisy intermediate-scale quantum (NISQ) devices. However, benchmarking VQAs is difficult due to their stochastic behavior and the…

Quantum computers progress toward outperforming classical supercomputers, but quantum errors remain their primary obstacle. The key to overcoming errors on near-term devices has emerged through the field of quantum error mitigation,…

Quantum Physics · Physics 2025-05-14 Haoran Liao , Derek S. Wang , Iskandar Sitdikov , Ciro Salcedo , Alireza Seif , Zlatko K. Minev

The Quadratic Unconstrained Binary Optimization (QUBO) problems are NP hard; thus, so far, there are no algorithms to solve them efficiently. There are exact methods like the Branch-and-Bound algorithm for smaller problems, and for larger…

Quantum Physics · Physics 2021-06-08 Máté Tibor Veszeli , Gábor Vattay

Quantum computing provides powerful algorithmic tools that have been shown to outperform established classical solvers in specific optimization tasks. A core step in solving optimization problems with known quantum algorithms such as the…

This paper presents a first end-to-end application of a Quantum Support Vector Machine (QSVM) algorithm for a classification problem in the financial payment industry using the IBM Safer Payments and IBM Quantum Computers via the Qiskit…

One advantage of quantum algorithms over classical computation is the possibility to spread out, process, analyse and extract information in multipartite configurations in coherent superpositions of classical states. This will be discussed…

Quantum Physics · Physics 2007-05-23 Karl Svozil

Quantum machine learning is one of the many potential applications of quantum computing, each of which is hoped to provide some novel computational advantage. However, quantum machine learning applications often fail to outperform classical…

Quantum Physics · Physics 2025-11-07 Gennaro De Luca , Andrew Vlasic , Michael Vitz , Anh Pham

Current quantum computers require algorithms that use limited resources economically. In quantum machine learning, success hinges on quantum feature maps, which embed classical data into the state space of qubits. We introduce Quantum…

Quantum Physics · Physics 2025-10-07 Jonas Jäger , Philipp Elsässer , Elham Torabian

Quantum-enhanced machine learning is a rapidly evolving field that aims to leverage the unique properties of quantum mechanics to enhance classical machine learning. However, the practical applicability of these methods remains an open…

Quantum Physics · Physics 2025-02-18 Diego Alvarez-Estevez

Quadratic unconstrained binary optimization (QUBO) tasks are very important in chemistry, finance, job scheduling, and so on, which can be represented using graph structures, with the variables as nodes and the interaction between them as…

Quantum Physics · Physics 2024-04-10 Yuhan Huang , Ferris Prima Nugraha , Siyuan Jin , Yichi Zhang , Bei Zeng , Qiming Shao

Machine Learning classification models learn the relation between input as features and output as a class in order to predict the class for the new given input. Quantum Mechanics (QM) has already shown its effectiveness in many fields and…

This tutorial offers a quick, hands-on introduction to solving Quadratic Unconstrained Binary Optimization (QUBO) models on currently available quantum computers and their simulators. We cover both IBM and D-Wave machines: IBM utilizes a…

Quantum Physics · Physics 2025-06-18 Arul Mazumder , Sridhar Tayur

Quantum machine learning for classical data is currently perceived to have a scalability problem due to (i) a bottleneck at the point of loading data into quantum states, (ii) the lack of clarity around good optimization strategies, and…

Quantum Physics · Physics 2025-01-09 Sonika Johri

Quantum computers promise improving machine learning. We investigated the performance of new quantum neural network designs. Quantum neural networks currently employed rely on a feature map to encode the input into a quantum state. This…

Quantum Physics · Physics 2022-03-16 Felix Petitzon
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