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Quantum approximate optimization algorithm (QAOA) has attracted much attention as an algorithm that has the potential to efficiently solve combinatorial optimization problems. Among them, a fermionic QAOA (FQAOA) for solving constrained…

Quantum Physics · Physics 2023-12-11 Takuya Yoshioka , Keita Sasada , Yuichiro Nakano , Keisuke Fujii

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

We introduce a counterdiabatic (CD) extension of the Quantum Approximate Optimization Algorithm (QAOA) for constrained portfolio optimization. By incorporating approximate adiabatic gauge potentials generated from nested commutators of the…

Quantum Physics · Physics 2026-05-11 Jose Falla , Ilya Safro

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…

Portfolio optimization is a primary component of the decision-making process in finance, aiming to tactfully allocate assets to achieve optimal returns while considering various constraints. Herein, we proposed a method that uses the…

Quantum Physics · Physics 2024-12-24 Chansreynich Huot , Kimleang Kea , Tae-Kyung Kim , Youngsun Han

We present a quantum algorithm for portfolio optimisation. Specifically, We present an end-to-end quantum approximate optimisation algorithm (QAOA) to solve the discrete global minimum variance portfolio (DGMVP) model. This model finds a…

Quantum Physics · Physics 2024-10-22 Haomu Yuan , Christopher K. Long , Hugo V. Lepage , Crispin H. W. Barnes

We introduce a novel quantum optimization paradigm: the Fixed-Parameter-Count Quantum Approximate Optimization Algorithm (FPC-QAOA). It is a scalable variational framework that maintains a constant number of trainable parameters regardless…

The Quantum Approximate Optimization Algorithm (QAOA) is suggested as a promising application on early quantum computers. Here, a quantum-inspired classical algorithm, the mean-field Approximate Optimization Algorithm (mean-field AOA), is…

The Quantum Approximate Optimization Algorithm (QAOA) has enjoyed increasing attention in noisy intermediate-scale quantum computing due to its application to combinatorial optimization problems. Because combinatorial optimization problems…

Optimization and Control · Mathematics 2024-01-18 Yunsoo Ha , Sara Shashaani , Matt Menickelly

The quantum approximate optimization algorithm (QAOA) transforms a simple many-qubit wavefunction into one which encodes a solution to a difficult classical optimization problem. It does this by optimizing the schedule according to which…

Quantum Physics · Physics 2022-06-29 Yunlong Yu , Chenfeng Cao , Carter Dewey , Xiang-Bin Wang , Nic Shannon , Robert Joynt

The Quantum Approximate Optimization Algorithm (QAOA) has been suggested as a promising candidate for the solution of combinatorial optimization problems. Yet, whether - or under what conditions - it may offer an advantage compared to…

Quantum Physics · Physics 2025-04-14 Vanessa Dehn , Martin Zaefferer , Gerhard Hellstern , Florentin Reiter , Thomas Wellens

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

We investigate the potential of the Quantum Approximate Optimization Algorithm (QAOA) for reducing energy consumption in route planning, a key challenge in logistics due to the NP-hard nature of the Traveling Salesman and Vehicle Routing…

Emerging Technologies · Computer Science 2026-04-21 Ayush Nadiger , Adriana Caraeni , Katie Schouten

Quantum Approximate Optimization Algorithm (QAOA) is one of the most promising quantum heuristics for combinatorial optimization. While QAOA has been shown to perform well on small-scale instances and to provide an asymptotic speedup over…

In the present Noisy Intermediate-Scale Quantum (NISQ), hybrid algorithms that leverage classical resources to reduce quantum costs are particularly appealing. We formulate and apply such a hybrid quantum-classical algorithm to a power…

The quantum approximate optimization algorithm (QAOA) is one of the canonical algorithms designed to find approximate solutions to combinatorial optimization problems in current noisy intermediate-scale quantum (NISQ) devices. It is an…

Quantum Physics · Physics 2023-12-12 Ping Zou

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

The quantum approximate optimization algorithm (QAOA) is an approach for near-term quantum computers to potentially demonstrate computational advantage in solving combinatorial optimization problems. However, the viability of the QAOA…

The quantum approximate optimization algorithm (QAOA) is a promising quantum algorithm that can be used to approximately solve combinatorial optimization problems. The usual QAOA ansatz consists of an alternating application of the cost and…

Quantum Physics · Physics 2024-11-01 Anthony Wilkie , Igor Gaidai , James Ostrowski , Rebekah Herrman

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
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