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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…

Variational quantum algorithms, such as the Recursive Quantum Approximate Optimization Algorithm (RQAOA), have become increasingly popular, offering promising avenues for employing Noisy Intermediate-Scale Quantum devices to address…

Emerging Technologies · Computer Science 2025-06-04 Shuaiqun Pan , Yash J. Patel , Aneta Neumann , Frank Neumann , Thomas Bäck , Hao Wang

Noisy Intermediate-Scale Quantum (NISQ) devices are restricted by their limited number of qubits and their short decoherence times. An approach addressing these problems is quantum circuit cutting. It decomposes the execution of a large…

The Quantum Approximate Optimization Algorithm (QAOA) has emerged as a promising approach for solving NP hard combinatorial optimization problems on noisy intermediate-scale quantum (NISQ) hardware. However, its performance is critically…

Quantum Physics · Physics 2025-11-13 Rakesh Saini , Nora Mohamed , Saif Al-Kuwari , Ahmed Farouk

Quantum optimization algorithms can be used to recreate unsupervised learning clustering of data by mapping the problem to a graph optimization problem and finding the minimum energy for a MaxCut problem formulation. This research tests the…

Quantum Physics · Physics 2021-09-01 Daniel Beaulieu , Anh Pham

NP-hard problems are not believed to be exactly solvable through general polynomial time algorithms. Hybrid quantum-classical algorithms to address such combinatorial problems have been of great interest in the past few years. Such…

Quantum Physics · Physics 2024-01-15 Yagnik Chatterjee , Eric Bourreau , Marko J. Rančić

The Quantum Approximate Optimization Algorithm (QAOA) is a general purpose quantum algorithm designed for combinatorial optimization. We analyze its expected performance and prove concentration properties at any constant level (number of…

Quantum Physics · Physics 2023-07-19 Joao Basso , David Gamarnik , Song Mei , Leo Zhou

Establishing quantum advantage for variational quantum algorithms is an important direction in quantum computing. In this work, we apply the Quantum Approximate Optimisation Algorithm (QAOA) -- a popular variational quantum algorithm for…

Quantum Physics · Physics 2024-01-08 Andrew El-Kadi , Roberto Bondesan

Quantum Approximate Optimization Algorithm (QAOA) is one of the fundamental variational quantum algorithms, while a version of QAOA that includes counterdiabatic driving, termed Digitized Counterdiabatic QAOA (DC-QAOA), is generally…

Quantum Physics · Physics 2025-06-02 Jie Liu , Xin Wang

Quantum computing exploits basic quantum phenomena such as state superposition and entanglement to perform computations. The Quantum Approximate Optimization Algorithm (QAOA) is arguably one of the leading quantum algorithms that can…

Machine Learning · Computer Science 2022-06-16 Sami Khairy , Ruslan Shaydulin , Lukasz Cincio , Yuri Alexeev , Prasanna Balaprakash

Quantum computers are expected to accelerate solving combinatorial optimization problems, including algorithms such as Grover adaptive search and quantum approximate optimization algorithm (QAOA). However, many combinatorial optimization…

Quantum Physics · Physics 2023-05-05 Takuya Yoshioka , Keita Sasada , Yuichiro Nakano , Keisuke Fujii

MaxCut is a key NP-Hard combinatorial optimization graph problem with extensive theoretical and industrial applications, including the Ising model and chip design. While quantum computing offers new solutions for such combinatorial…

Quantum Physics · Physics 2023-11-27 Yovav Tene-Cohen , Tomer Kelman , Ohad Lev , Adi Makmal

One of the central goals of the DARPA Optimization with Noisy Intermediate-Scale Quantum (ONISQ) program is to implement a hybrid quantum/classical optimization algorithm with high $N\cdot p$, where $N$ is the number of qubits and $p$ is…

Quantum Physics · Physics 2026-02-23 Ruslan Shaydulin , Marco Pistoia

We present a framework to deal with a range of large scale compressive sensing problems using a quantum subroutine. We apply a quantum approximate optimization algorithm (QAOA) to support detection in a sparse signal reconstruction…

Quantum Physics · Physics 2024-12-09 Baptiste Chevalier , Wojciech Roga , Masahiro Takeoka

The Quantum Approximate Optimization Algorithm and its generalization to Quantum Alternating Operator Ansatz (QAOA) is a promising approach for applying quantum computers to challenging problems such as combinatorial optimization and…

Quantum Physics · Physics 2023-07-25 Vladimir Kremenetski , Anuj Apte , Tad Hogg , Stuart Hadfield , Norm M. Tubman

Farhi et al. recently proposed a class of quantum algorithms, the Quantum Approximate Optimization Algorithm (QAOA), for approximately solving combinatorial optimization problems. A level-p QAOA circuit consists of p steps; in each step a…

Quantum Physics · Physics 2021-01-01 Zhihui Wang , Stuart Hadfield , Zhang Jiang , Eleanor G. Rieffel

The Quantum Approximate Optimization Algorithm (QAOA) by Farhi et al. is a quantum computational framework for solving quantum or classical optimization tasks. Here, we explore using QAOA for Binary Linear Least Squares (BLLS); a problem…

Quantum Physics · Physics 2021-04-27 Ajinkya Borle , Vincent E. Elfving , Samuel J. Lomonaco

The quantum approximate optimization algorithm (QAOA) promises to solve classically intractable computational problems in the area of combinatorial optimization. A growing amount of evidence suggests that the originally proposed form of the…

Quantum Physics · Physics 2022-05-04 Michelle Chalupnik , Hans Melo , Yuri Alexeev , Alexey Galda

The design of fast algorithms for combinatorial optimization greatly contributes to a plethora of domains such as logistics, finance, and chemistry. Quantum approximate optimization algorithms (QAOAs), which utilize the power of quantum…

Quantum Physics · Physics 2022-05-25 Zeqiao Zhou , Yuxuan Du , Xinmei Tian , Dacheng Tao

We introduce the Constraint-Enhanced Quantum Approximate Optimization Algorithm (CE-QAOA), a shallow, constraint-aware ansatz that operates inside the one-hot product space [n]^m, where m is the number of blocks and each block is…

Emerging Technologies · Computer Science 2026-01-21 Chinonso Onah , Roman Firt , Kristel Michielsen