Niraj Kumar

Portfolio diversification - a cornerstone of modern investment management - can be formulated as a Maximum Independent Set (MIS) problem on asset correlation graphs. Solving this problem at scale is computationally challenging, motivating the exploration of quantum algorithms for practical financial optimization. We propose an end-to-end pipeline leveraging qReduMIS, a recursive hybrid quantum-classical algorithm. Rather than using quantum optimization to directly produce a final solution, qReduMIS leverages independent set measurements from the Quantum Approximate Optimization Algorithm (QAOA) to identify frozen nodes - vertices likely to belong to optimal solutions - thereby guiding and unblocking subsequent (provably optimal) classical reductions on the remaining graph. We benchmark qReduMIS on real financial data from four major market indices with up to 225 assets, executing experiments on Quantinuum's 98-qubit trapped-ion Helios system, with QAOA circuits acting on kernels of up to 78 qubits and 1016 two-qubit gates. While standalone QAOA fails to find the optimal solution for two of the largest indices (S&P 100 and Nikkei 225), qReduMIS achieves success probabilities of $0.40$ and $0.95$, respectively, with average approximation ratios $\geq 0.96$ across all four indices. We perform a systematic benchmark on the Quantinuum H2-1 noisy emulator over 73 asset correlation graphs of varying size showing that, for $p=2$ QAOA layers, the optimal time-to-solution scaling exponent of qReduMIS is $3.2$ times smaller than that of standalone QAOA.

Large classical datasets are often processed in the streaming model, with data arriving one item at a time. In this model, quantum algorithms have been shown to offer an unconditional exponential advantage in space. However, experimentally implementing such streaming algorithms requires qubits that remain coherent while interacting with an external data stream. In this work, we realize such a data-streaming model using Quantinuum Helios trapped-ion quantum computer with long-lived qubits that communicate with an external server. We implement a quantum pair sketch, which is the primitive underlying many quantum streaming algorithms, and use it to solve Hidden Matching, a problem known to exhibit a theoretical exponential quantum advantage in space. Furthermore, we compile the quantum streaming algorithm to fault-tolerant quantum architectures based on surface and bivariate bicycle codes and show that the quantum space advantage persists even with the overheads of fault-tolerance.

While quantum computers have the potential to perform a wide range of practically important tasks beyond the capabilities of classical computers, realizing this potential remains a challenge. One such task is to use an untrusted remote device to generate random bits that can be certified to contain a certain amount of entropy. Certified randomness has many applications but is fundamentally impossible to achieve solely by classical computation. In this work, we demonstrate the generation of certifiably random bits using the 56-qubit Quantinuum H2-1 trapped-ion quantum computer accessed over the internet. Our protocol leverages the classical hardness of recent random circuit sampling demonstrations: a client generates quantum "challenge" circuits using a small randomness seed, sends them to an untrusted quantum server to execute, and verifies the server's results. We analyze the security of our protocol against a restricted class of realistic near-term adversaries. Using classical verification with measured combined sustained performance of $1.1\times10^{18}$ floating-point operations per second across multiple supercomputers, we certify $71,313$ bits of entropy under this restricted adversary and additional assumptions. Our results demonstrate a step towards the practical applicability of today's quantum computers.

The quantum approximate optimization algorithm (QAOA) is a leading candidate algorithm for solving optimization problems on quantum computers. However, the potential of QAOA to tackle classically intractable problems remains unclear. Here, we perform an extensive numerical investigation of QAOA on the low autocorrelation binary sequences (LABS) problem, which is classically intractable even for moderately sized instances. We perform noiseless simulations with up to 40 qubits and observe that the runtime of QAOA with fixed parameters scales better than branch-and-bound solvers, which are the state-of-the-art exact solvers for LABS. The combination of QAOA with quantum minimum finding gives the best empirical scaling of any algorithm for the LABS problem. We demonstrate experimental progress in executing QAOA for the LABS problem using an algorithm-specific error detection scheme on Quantinuum trapped-ion processors. Our results provide evidence for the utility of QAOA as an algorithmic component that enables quantum speedups.