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Combinatorial optimization is one of the fields where near term quantum devices are being utilized with hybrid quantum-classical algorithms to demonstrate potentially practical applications of quantum computing. One of the most well studied…

Quantum Physics · Physics 2023-09-22 Anthony Angone , Xioayuan Liu , Ruslan Shaydulin , Ilya Safro

Financial markets are noisy yet contain a latent graph-theoretic structure that can be exploited for superior risk-adjusted returns. We propose a quantum stochastic walk (QSW) optimizer that embeds assets in a weighted graph: nodes…

Portfolio Management · Quantitative Finance 2026-02-05 Yen Jui Chang , Wei-Ting Wang , Yun-Yuan Wang , Chen-Yu Liu , Kuan-Cheng Chen , Ching-Ray Chang

Quantum approximate optimization is one of the promising candidates for useful quantum computation, particularly in the context of finding approximate solutions to Quadratic Unconstrained Binary Optimization (QUBO) problems. However, the…

Quantum Approximate Optimization Algorithm (QAOA) is one of the most promising quantum algorithms for the Noisy Intermediate-Scale Quantum (NISQ) era. Quantifying the performance of QAOA in the near-term regime is of utmost importance. We…

Quantum Physics · Physics 2022-06-16 Ruslan Shaydulin , Yuri Alexeev

Quantum computing offers new heuristics for combinatorial problems. With small- and intermediate-scale quantum devices becoming available, it is possible to implement and test these heuristics on small-size problems. A candidate for such…

Quantum Physics · Physics 2025-07-15 David Fitzek , Toheed Ghandriz , Leo Laine , Mats Granath , Anton Frisk Kockum

Combinatorial optimization problems are typically formulated using Quadratic Unconstrained Binary Optimization (QUBO), where constraints are enforced through penalty terms that introduce auxiliary variables and rapidly increase Hamiltonian…

Quantum Physics · Physics 2026-02-10 Shashank Sanjay Bhat , Peiyong Wang , Joseph West , Udaya Parampalli

The Quantum Approximate Optimization Algorithm (QAOA) is a quantum algorithm that finds approximate solutions to problems in combinatorial optimization, especially those that can be formulated as a Quadratic Unconstrained Binary…

Quantum Physics · Physics 2025-09-23 Bikrant Bhattacharyya , Michael Capriotti , Reuben Tate

Optimization problems are critical across various domains, yet existing quantum algorithms, despite their great potential, struggle with scalability and accuracy due to excessive reliance on entanglement. To address these limitations, we…

Quantum Physics · Physics 2025-03-04 Seongmin Kim , In-Saeng Suh

Motivated by recent progress in quantum hardware and algorithms researchers have developed quantum heuristics for optimization problems, aiming for advantages over classical methods. To date, quantum hardware is still error-prone and…

Quantum Physics · Physics 2026-04-27 Friedrich Wagner , Frauke Liers

Parameterized quantum circuits are widely studied approaches for tackling optimization problems. A prominent example is the Quantum Alternating Operator Ansatz (QAOA), an approach that builds off the structure of the Quantum Approximate…

Quantum Physics · Physics 2022-11-18 James Sud , Stuart Hadfield , Eleanor Rieffel , Norm Tubman , Tad Hogg

There is an increasing interest in quantum algorithms for problems of integer programming and combinatorial optimization. Classical solvers for such problems employ relaxations, which replace binary variables with continuous ones, for…

Quantum Physics · Physics 2021-06-23 Daniel J. Egger , Jakub Marecek , Stefan Woerner

The performance of the Quantum Approximate Optimisation Algorithm (QAOA) relies on the setting of optimal parameters in each layer of the circuit. This is no trivial task, and much literature has focused on the challenge of finding optimal…

Quantum Physics · Physics 2024-02-14 Vivek Katial , Kate Smith-Miles , Charles Hill

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

Solving optimization problems with high performance is the target of existing works of Quantum Approximate Optimization Algorithm (QAOA). With this intention, we propose an advanced QAOA based on incremental learning, where the training…

Quantum Physics · Physics 2023-11-07 Lingxiao Li , Jing Li , Yanqi Song , Sujuan Qin , Qiaoyan Wen , Fei Gao

Optimization is often cited as a promising application of quantum computers. However, the low degree of provable quantum speedups has led prior rigorous end-to-end resource analyses to conclude that a quantum computer is unlikely to surpass…

In the pursuit of achieving near-term quantum advantage for combinatorial optimization problems, the Quantum Approximate Optimization Algorithm (QAOA) and the Variational Quantum Eigensolver (VQE) are the primary methods of interest, but…

Quantum Physics · Physics 2025-03-06 Adelina Bärligea , Benedikt Poggel , Jeanette Miriam Lorenz

We present benchmarks of the parity transformation for the Quantum Approximate Optimization Algorithm (QAOA). We analyse the gate resources required to implement a single QAOA cycle for real-world scenarios. In particular, we consider…

Quantum Physics · Physics 2023-03-20 Michael Fellner , Kilian Ender , Roeland ter Hoeven , Wolfgang Lechner

Quantum computers promise a great computational advantage over classical computers, yet currently available quantum devices have only a limited amount of qubits and a high level of noise, limiting the size of problems that can be solved…

Quantum Physics · Physics 2026-01-21 Ittay Alfassi , Dekel Meirom , Tal Mor

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

The Bin Packing Problem (BPP) stands out as a paradigmatic combinatorial optimization problem in logistics. Quantum and hybrid quantum-classical algorithms are expected to show an advantage over their classical counterparts in obtaining…

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