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Approximation errors must be taken into account when compiling quantum programs into a low-level gate set. We present a methodology that tracks such errors automatically and then optimizes accuracy parameters to guarantee a specified…

Quantum Physics · Physics 2021-01-06 Giulia Meuli , Mathias Soeken , Martin Roetteler , Thomas Häner

Quantum computing promises polynomial and exponential speedups in many domains, such as unstructured search and prime number factoring. However, quantum programs yield probabilistic outputs from exponentially growing distributions and are…

Software Engineering · Computer Science 2024-10-29 Noah H. Oldfield , Christoph Laaber , Tao Yue , Shaukat Ali

Variational quantum algorithms (VQAs) provide a promising approach to achieve quantum advantage in the noisy intermediate-scale quantum era. In this era, quantum computers experience high error rates and quantum error detection and…

Emerging Technologies · Computer Science 2021-09-07 Salonik Resch , Anthony Gutierrez , Joon Suk Huh , Srikant Bharadwaj , Yasuko Eckert , Gabriel Loh , Mark Oskin , Swamit Tannu

Modern quantitative risk management relies on an adequate modeling of the tail dependence and a possibly accurate quantification of risk measures, like Value at Risk (VaR), at high confidence levels like 1 in 100 or even 1 in 2000. Quantum…

Methodology · Statistics 2020-03-10 Janusz Milek

Among all the physical platforms for the realization of a Quantum Processing Unit (QPU), neutral atom devices are emerging as one of the main players. Their scalability, long coherence times, and the absence of manufacturing errors make…

Quantum Physics · Physics 2024-09-19 Ettore Canonici , Filippo Caruso

Conditional value-at-risk (CoVaR) is one of the most important measures of systemic risk. It is defined as the high quantile conditional on a related variable being extreme, widely used in the field of quantitative risk management. In this…

Methodology · Statistics 2026-02-12 Zhaowen Wang , Yutao Liu , Deyuan Li

Quantum Signal Processing (QSP) and Quantum Singular Value Transformation (QSVT) currently stand as the most efficient techniques for implementing functions of block encoded matrices, a central task that lies at the heart of most prominent…

Quantum Physics · Physics 2024-01-22 Danial Motlagh , Nathan Wiebe

We discuss how quantum computation can be applied to financial problems, providing an overview of current approaches and potential prospects. We review quantum optimization algorithms, and expose how quantum annealers can be used to…

Quantum Physics · Physics 2019-03-04 Roman Orus , Samuel Mugel , Enrique Lizaso

Quantum computing will change the way we tackle certain problems. It promises to dramatically speed-up many chemical, financial, and machine-learning applications. However, to capitalize on those promises, complex design flows composed of…

Quantum Physics · Physics 2020-10-28 Lukas Burgholzer , Robert Wille

Variational quantum algorithms dominate contemporary gate-based quantum enhanced optimisation, eigenvalue estimation and machine learning. Here we establish the quantum computational universality of variational quantum computation by…

Quantum Physics · Physics 2021-05-25 Jacob Biamonte

Driven by exploring the power of quantum computation with a limited number of qubits, we present a novel complete characterization for space-bounded quantum computation, which encompasses settings with one-sided error (unitary coRQL) and…

Quantum Physics · Physics 2024-05-24 François Le Gall , Yupan Liu , Qisheng Wang

Quantum algorithms can enhance machine learning in different aspects. In 2014, Rebentrost $et~al.$ constructed a least squares quantum support vector machine (LS-QSVM), in which the Swap Test plays a crucial role in realizing the…

Quantum Physics · Physics 2022-06-03 Rui Zhang , Jian Wang , Nan Jiang , Zichen Wang

Quantum phase estimation (QPE) serves as a building block of many different quantum algorithms and finds important applications in computational chemistry problems. Despite the rapid development of quantum hardware, experimental…

Quantum Physics · Physics 2024-03-01 Kentaro Yamamoto , Samuel Duffield , Yuta Kikuchi , David Muñoz Ramo

The quantum Fourier transform (QFT) is a key primitive for quantum computing that is typically used as a subroutine within a larger computation, for instance for phase estimation. As such, we may have little control over the state that is…

Quantum Physics · Physics 2022-12-14 Noah Linden , Ronald de Wolf

We show that the Variational Quantum-Classical Simulation algorithm admits a finite circuit depth scaling collapse when targeting the critical point of the transverse field Ising chain. The order parameter only collapses on one side of the…

Quantum Physics · Physics 2022-01-05 Henrik Dreyer , Mircea Bejan , Etienne Granet

A major thrust in quantum algorithm development over the past decade has been the search for the quantum algorithms that will deliver practical quantum advantage first. Today's quantum computers - and even early fault-tolerant quantum…

Quantum Physics · Physics 2025-01-22 Guoming Wang , Daniel Stilck França , Gumaro Rendon , Peter D. Johnson

Quantum computing is one of the most promising technology advances of the latest years. Once only a conceptual idea to solve physics simulations, quantum computation is today a reality, with numerous machines able to execute quantum…

Emerging Technologies · Computer Science 2021-11-16 Daniel Oliveira , Edoardo Giusto , Betis Baheri , Qiang Guan , Bartolomeo Montrucchio , Paolo Rech

We introduce a novel hybrid quantum-classical algorithm for the near-term computation of expectation values in quantum systems at finite temperatures. This is based on two stages: on the first one, a mixed state approximating a fiducial…

Quantum Physics · Physics 2024-01-31 Giuseppe Clemente

In this paper, we use open-source tools to perform quantum resource estimation to assess the requirements for industry-relevant quantum computation. Our analysis uses the problem of industrial shift scheduling in manufacturing and the…

Quantum Physics · Physics 2024-08-06 Anna M. Krol , Marvin Erdmann , Ewan Munro , Andre Luckow , Zaid Al-Ars

This review paper examines state-of-the-art algorithms and techniques in quantum machine learning with potential applications in finance. We discuss QML techniques in supervised learning tasks, such as Quantum Variational Classifiers,…