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Quantum variational algorithms have garnered significant interest recently, due to their feasibility of being implemented and tested on noisy intermediate scale quantum (NISQ) devices. We examine the robustness of the quantum approximate…

Quantum Physics · Physics 2019-11-05 Yulong Dong , Xiang Meng , Lin Lin , Robert Kosut , K. Birgitta Whaley

The Quantum Approximate Optimization Algorithm (QAOA) is a promising approach for programming a near-term gate-based hybrid quantum computer to find good approximate solutions of hard combinatorial problems. However, little is currently…

Quantum Physics · Physics 2018-11-21 Gavin E. Crooks

In this paper we tackle the problem of dynamic portfolio optimization, i.e., determining the optimal trading trajectory for an investment portfolio of assets over a period of time, taking into account transaction costs and other possible…

This paper investigates the experimental performance of a discrete portfolio optimization problem relevant to the financial services industry on the gate-model of quantum computing. We implement and evaluate a portfolio rebalancing use case…

Quantum Physics · Physics 2019-11-14 Mark Hodson , Brendan Ruck , Hugh Ong , David Garvin , Stefan Dulman

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

The quantum approximate optimization algorithm (QAOA) is a variational quantum algorithm (VQA) ideal for noisy intermediate-scale quantum (NISQ) processors, and is highly successful in solving combinatorial optimization problems (COPs). It…

Quantum Physics · Physics 2026-03-23 Francesco Aldo Venturelli , Sreetama Das , Filippo Caruso

The quantum approximate optimization algorithm (QAOA) is a hybrid quantum-classical algorithm that seeks to achieve approximate solutions to optimization problems by iteratively alternating between intervals of controlled quantum evolution.…

In the rapidly advancing domain of quantum optimization, the confluence of quantum algorithms such as Quantum Annealing (QA) and the Quantum Approximate Optimization Algorithm (QAOA) with robust optimization methodologies presents a…

Quantum Physics · Physics 2024-05-14 Pascal Halffmann , Steve Lenk , Michael Trebing

We provide a method to prepare a warm-started quantum state from measurements with an iterative framework to enhance the quantum approximate optimisation algorithm (QAOA). The numerical simulations show the method can effectively address…

Quantum Physics · Physics 2025-02-17 Haomu Yuan , Songqinghao Yang , Crispin H. W. Barnes

The quantum approximate optimization algorithm (QAOA) is a leading variational approach to combinatorial optimization, but its practical performance depends strongly on objective design, parameter search, and shot allocation. We present a…

Quantum Physics · Physics 2026-04-09 Siran Zhang , Shuming Cheng

Quantum computing promises solutions to classically difficult and new-found problems through controlling the subtleties of quantum computing. The Quantum Approximate Optimisation Algorithm (QAOA) is a recently proposed quantum algorithm…

Quantum Physics · Physics 2024-12-24 Nicholas J. Pritchard

The Quantum approximate optimization algorithm (QAOA) is a quantum-classical hybrid algorithm aiming to produce approximate solutions for combinatorial optimization problems. In the QAOA, the quantum part prepares a quantum parameterized…

Quantum Physics · Physics 2024-04-23 Ningyi Xie , Xinwei Lee , Dongsheng Cai , Yoshiyuki Saito , Nobuyoshi Asai

We study large-scale applications using a GPU-accelerated version of the massively parallel J\"ulich universal quantum computer simulator (JUQCS--G). First, we benchmark JUWELS Booster, a GPU cluster with 3744 NVIDIA A100 Tensor Core GPUs.…

Quantum Physics · Physics 2022-05-17 Dennis Willsch , Madita Willsch , Fengping Jin , Kristel Michielsen , Hans De Raedt

The quantum approximate optimization algorithm (QAOA) has become a cornerstone of contemporary quantum applications development. Here we show that the \emph{density} of problem constraints versus problem variables acts as a performance…

Quantum Physics · Physics 2021-08-31 V. Akshay , H. Philathong , I. Zacharov , J. Biamonte

One of the problems frequently mentioned as a candidate for quantum advantage is that of selecting a portfolio of financial assets to maximize returns while minimizing risk. In this paper we formulate several real-world constraints for use…

Materials Science · Physics 2022-03-10 Salvatore Certo , Anh Dung Pham , Daniel Beaulieu

The quantum approximate optimization algorithm (QAOA) is a quantum heuristic for combinatorial optimization that has been demonstrated to scale better than state-of-the-art classical solvers for some problems. For a given problem instance,…

Quantum Physics · Physics 2026-02-23 Tianyi Hao , Zichang He , Ruslan Shaydulin , Jeffrey Larson , Marco Pistoia

The quantum approximate optimisation algorithm (QAOA) is a hybrid quantum-classical algorithm used to approximately solve combinatorial optimisation problems. It involves multiple iterations of a parameterised ansatz comprising a problem…

Quantum Physics · Physics 2024-02-16 V. Vijendran , Aritra Das , Dax Enshan Koh , Syed M. Assad , Ping Koy Lam

Developing quantum algorithms adaptive to specific constraints of near-term devices is an essential step towards practical quantum advantage. In a recent work [Phys. Rev. Lett. 131, 103601(2023)], we show cold atoms in an optical cavity can…

Quantum Physics · Physics 2024-06-12 Yuchen Luo , Xiaopeng Li , Jian Lin

The quantum approximate optimization algorithm (QAOA) has the potential of providing a useful quantum advantage on noisy intermediate-scale quantum (NISQ) devices. The effects of uncorrelated noise on variational quantum algorithms such as…

Quantum Physics · Physics 2023-05-08 Joris Kattemölle , Guido Burkard

Combinatorial optimization is anticipated to be one of the primary use cases for quantum computation in the coming years. The Quantum Approximate Optimization Algorithm (QAOA) and Quantum Annealing (QA) can potentially demonstrate…