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We present a detailed study of portfolio optimization using different versions of the quantum approximate optimization algorithm (QAOA). For a given list of assets, the portfolio optimization problem is formulated as quadratic binary…

The Quantum Approximate Optimisation Algorithm (QAOA) is a hybrid quantum-classical algorithm for solving combinatorial optimisation problems. QAOA encodes solutions into the ground state of a Hamiltonian, approximated by a $p$-level…

Quantum Physics · Physics 2025-05-16 V Vijendran , Dax Enshan Koh , Eunok Bae , Hyukjoon Kwon , Ping Koy Lam , Syed M Assad

The Quantum Approximate Optimization Algorithm (QAOA) addresses combinatorial optimization challenges by converting inputs to graphs. However, the optimal parameter searching process of QAOA is greatly affected by noise. Larger problems…

Quantum Physics · Physics 2024-07-23 Meng Wang , Bo Fang , Ang Li , Prashant Nair

Quantum Approximate Optimization Algorithm (QAOA) is a quantum-classical hybrid algorithm proposed with the goal of approximately solving combinatorial optimization problems such as the MAX-CUT problem. It has been considered a potential…

Quantum Physics · Physics 2025-11-26 Eunok Bae , Hyukjoon Kwon , V Vijendran , Soojoon Lee

Classical simulation of quantum computation is necessary for studying the numerical behavior of quantum algorithms, as there does not yet exist a large viable quantum computer on which to perform numerical tests. Tensor network (TN)…

In recent years, quantum computing has emerged as a transformative force in the field of combinatorial optimization, offering novel approaches to tackling complex problems that have long challenged classical computational methods. Among…

Near-term quantum devices generally suffer from shallow circuit depth and hence limited expressivity due to noise and decoherence. To address this, we propose tensor-network-assisted parametrized quantum circuits, which concatenate a…

Quantum Physics · Physics 2023-12-01 Junxiang Huang , Wenhao He , Yukun Zhang , Yusen Wu , Bujiao Wu , Xiao Yuan

Quadratic Unconstrained Binary Optimization (QUBO) is a broad class of optimization problems with many practical applications. To solve its hard instances in an exact way, known classical algorithms require exponential time and several…

Quantum Physics · Physics 2021-01-21 Gian Giacomo Guerreschi

The aircraft loading optimization problem is a computationally hard problem with the best known classical algorithm scaling exponentially with the number of objects. We propose a quantum approach based on a multi-angle variant of the QAOA…

Designing noisy-resilience quantum algorithms is indispensable for practical applications on Noisy Intermediate-Scale Quantum~(NISQ) devices. Here we propose a quantum approximate optimization algorithm~(QAOA) with a very shallow circuit,…

Quantum Physics · Physics 2021-09-27 Fang-Gang Duan , Dan-Bo Zhang

The Quantum Approximate Optimization Algorithm (QAOA) is one of the most promising Noisy Intermediate Quantum Algorithms (NISQ) in solving combinatorial optimizations and displays potential over classical heuristic techniques.…

Quantum Physics · Physics 2024-01-18 Arul Rhik Mazumder , Anuvab Sen , Udayon Sen

We propose and analyze a set of variational quantum algorithms for solving quadratic unconstrained binary optimization problems where a problem consisting of $n_c$ classical variables can be implemented on $\mathcal O(\log n_c)$ number of…

The quantum approximate optimisation algorithm (QAOA) is at the core of many scenarios that aim to combine the power of quantum computers and classical high-performance computing appliances for combinatorial optimisation. Several obstacles…

Quantum Physics · Physics 2026-02-26 Simon Thelen , Hila Safi , Wolfgang Mauerer

The quantum approximate optimization algorithm (QAOA) is widely seen as a possible usage of noisy intermediate-scale quantum (NISQ) devices. We analyze the algorithm as a bang-bang protocol with fixed total time and a randomized greedy…

Quantum Physics · Physics 2020-09-16 Daniel Liang , Li Li , Stefan Leichenauer

The presence of stochastic elements in combinatorial optimization problems makes them particularly challenging, as such problems quickly become intractable for classical computers even at relatively small sizes. In this work, we propose a…

Quantum computers are increasing in size and quality, but are still very noisy. Error mitigation extends the size of the quantum circuits that noisy devices can meaningfully execute. However, state-of-the-art error mitigation methods are…

Quantum Physics · Physics 2024-03-25 Stefan H. Sack , Daniel J. Egger

Quantum Approximation Optimization Algorithm (QAOA) is a highly advocated variational algorithm for solving the combinatorial optimization problem. One critical feature in the quantum circuit of QAOA algorithm is that it consists of…

Quantum Physics · Physics 2022-07-21 Yuwei Jin , Jason Luo , Lucent Fong , Yanhao Chen , Ari B. Hayes , Chi Zhang , Fei Hua , Eddy Z. Zhang

We introduce a quantum approximate optimization algorithm (QAOA) for continuous optimization. The algorithm is based on the dynamics of a quantum system moving in an energy potential which encodes the objective function. By approximating…

Quantum Physics · Physics 2019-02-04 Guillaume Verdon , Juan Miguel Arrazola , Kamil Brádler , Nathan Killoran

This paper proposes a quantum approximate optimization algorithm (QAOA) method for wireless scheduling problems. The QAOA is one of the promising hybrid quantum-classical algorithms for many applications and it provides highly accurate…

Other Computer Science · Computer Science 2020-09-07 Jaeho Choi , Seunghyeok Oh , Joongheon Kim

Quantum optimization algorithms are inherently probabilistic, yet they are most often used to search for a single high-quality solution. In this paper, we instead study hypergraph partitioning problems in which the desired output is itself…

Quantum Physics · Physics 2026-05-12 Cameron Ibrahim , Bao G. Bach , Jad Salem , Reuben Tate , Kien X. Nguyen , Stephan Eidenbenz , Ilya Safro