Zichang He

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.

Demonstrating quantum heuristics that outperform strong classical solvers on large-scale optimization remains an open challenge. Here we introduce Regularized Warm-Started QAOA (RWS-QAOA), which initializes qubits by minimizing expected energy with a regularizer that penalizes near-bitstring states, preventing QAOA from stalling. We further propose a protocol that yields fixed, instance-independent parameters, enabling RWS-QAOA to operate as a non-variational algorithm in which the quantum circuit parameters are fixed and only a classical warm starting step is instance-dependent. We evaluate RWS-QAOA on the Max-Cut problem for random regular graphs, where this protocol yields a constant-depth quantum circuit, across three complementary settings. First, on Quantinuum's trapped-ion processor, RWS-QAOA outperforms the classical algorithms with the best provable guarantees for Max-Cut on $3$-regular graphs, namely Goemans-Williamson and Halperin-Livnat-Zwick, on $96$-node instances. Second, tensor-network simulations on graphs with up to $N{=}10{,}000$ nodes show that depth-$6$ RWS-QAOA, achieving an average cut fraction of $0.9167$, surpasses the best classical heuristics under matched restrictions (no local-search post-processing and no iterative refinement). Third, we remove these restrictions and benchmark against the strongest unrestricted classical heuristics, including an optimized parallel Burer-Monteiro solver that improves upon the MQLib implementation. Even against this stronger baseline, we project that surface-code RWS-QAOA reaches a quantum-classical runtime crossover below $0.2$ seconds on $3{,}000$-node graphs with fewer than $1.3$ million physical qubits. Our results show that constant-depth quantum circuits combined with a classical warm start have a credible potential to surpass classical solvers on the Max-Cut problem when executed on future quantum computers.

Scaling up quantum algorithms to tackle high-impact problems in science and industry requires quantum error correction and fault tolerance. While progress has been made in experimentally realizing error-corrected primitives, the end-to-end execution of logical quantum algorithms using only fault-tolerant (FT) components has remained out of reach. We demonstrate the FT and error-corrected execution of two quantum algorithms, the Quantum Approximate Optimization Algorithm (QAOA) and the Harrow-Hassidim-Lloyd (HHL) algorithm applied to the Poisson equation, on Quantinuum H2 and Helios trapped-ion quantum processors using the $[[7,1,3]]$ Steane code. For QAOA circuits on 5 and 6 logical qubits, we show performance improvements from increasing the number of QAOA layers and the number of $T$ gates used to approximate logical rotations, despite increased physical circuit complexity. We further show that QAOA circuits with up to 8 logical qubits and 9 logical $T$ gates perform similarly to unencoded circuits. For the largest QAOA circuits we run, with 12 logical (97 physical) qubits and 2132 physical two-qubit gates, we still observe better-than-random performance. Finally, we show that adding active QEC cycles and increasing the repeat-until-success limit of state preparation subroutines can improve the performance of a quantum algorithm, thereby demonstrating critical capabilities of scalable FT quantum computation. Our results are enabled by an FT logical $T$ gate implementation with an infidelity of $\sim 2.6(4)\times10^{-3}$ and dynamic circuits with measurement-dependent feedback. Our work demonstrates near-break-even performance of complex, error-corrected algorithmic quantum circuits using only FT components.

Cryptography depends on truly unpredictable numbers, but physical sources emit biased or correlated bits. Quantum mechanics enables the amplification of imperfect randomness into nearly perfect randomness, but prior demonstrations have required physically co-located, loophole-free Bell tests, constraining the feasibility of remote operation. Here we realize certified randomness amplification across a network by dynamically probing large, entangled quantum states on Quantinuum's 98-qubit Helios trapped-ion quantum processor. Our protocol is secure even if the remote device acts maliciously or is compromised by an intercepting adversary, provided the samples are generated quickly enough to preclude classical simulation of the quantum circuits. We stream quantum gates in real time to the quantum processor, maintain quantum state coherence for $\approx 0.9$ seconds, and then reveal the measurement bases to the quantum processor only milliseconds before measurement. This limits the time for classical spoofing to 30 ms and constrains the location of hypothetical adversaries to a $4{,}500$ km radius. We achieve a fidelity of 0.586 on random circuits with 64 qubits and 276 two-qubit gates, enabling the amplification of realistic imperfect randomness with a low entropy rate into nearly perfect randomness.

The rapid progress in quantum hardware is expected to make them viable tools for the study of quantum algorithms in the near term. The timeline to useful algorithmic experimentation can be accelerated by techniques that use many noisy shots to produce an accurate estimate of the observable of interest. One such technique is to encode the quantum circuit using an error detection code and discard the samples for which an error has been detected. An underexplored property of error-detecting codes is the flexibility in the circuit encoding and fault-tolerant gadgets, which enables their co-optimization with the algorthmic circuit. However, standard circuit optimization tools cannot be used to exploit this flexibility as optimization must preserve the fault-tolerance of the gadget. In this work, we focus on the $[[k+2, k, 2]]$ Iceberg quantum error detection code, which is tailored to trapped-ion quantum processors. We design new flexible fault-tolerant gadgets for the Iceberg code, which we then co-optimize with the algorithmic circuit for the quantum approximate optimization algorithm (QAOA) using tree search. By co-optimizing the QAOA circuit and the Iceberg gadgets, we achieve an improvement in QAOA success probability from $44\%$ to $65\%$ and an increase in post-selection rate from $4\%$ to $33\%$ at 22 algorithmic qubits, utilizing 330 algorithmic two-qubit gates and 744 physical two-qubit gates on the Quantinuum H2-1 quantum computer, compared to the previous state-of-the-art hardware demonstration. Furthermore, we demonstrate better-than-unencoded performance for up to 34 algorithmic qubits, employing 510 algorithmic two-qubit gates and 1140 physical two-qubit gates.

Quantum algorithms must be scaled up to tackle real-world applications. Doing so requires overcoming the noise present on today's hardware. The quantum approximate optimization algorithm (QAOA) is a promising candidate for scaling up, due to its modest resource requirements and documented asymptotic speedup over state-of-the-art classical algorithms for some problems. However, achieving better-than-classical performance with QAOA is believed to require fault tolerance. In this paper, we demonstrate a partially fault-tolerant implementation of QAOA using the $[[k+2,k,2]]$ ``Iceberg'' error detection code. We observe that encoding the circuit with the Iceberg code improves the algorithmic performance as compared to the unencoded circuit for problems with up to $20$ logical qubits on a trapped-ion quantum computer. Additionally, we propose and calibrate a model for predicting the code performance. We use this model to characterize the limits of the Iceberg code and extrapolate its performance to future hardware with improved error rates. In particular, we show how our model can be used to determine the necessary conditions for QAOA to outperform the Goemans-Williamson algorithm on future hardware. To the best of our knowledge, our results demonstrate the largest universal quantum computing algorithm protected by partially fault-tolerant quantum error detection on practical applications to date, paving the way towards solving real-world applications with quantum computers.

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, QAOA performance depends crucially on the choice of the parameters. While average-case optimal parameters are available in many cases, meaningful performance gains can be obtained by fine-tuning these parameters for a given instance. This task is especially challenging, however, when the number of circuit executions (shots) is limited. In this work, we develop an end-to-end protocol that combines multiple parameter settings and fine-tuning techniques. We use large-scale numerical experiments to optimize the protocol for the shot-limited setting and observe that optimizers with the simplest internal model (linear) perform best. We implement the optimized pipeline on a trapped-ion processor using up to 32 qubits and 5 QAOA layers, and we demonstrate that the pipeline is robust to small amounts of hardware noise. To the best of our knowledge, these are the largest demonstrations of QAOA parameter fine-tuning on a trapped-ion processor in terms of 2-qubit gate count.

Quantum alternating operator ansatz (QAOA) has a strong connection to the adiabatic algorithm, which it can approximate with sufficient depth. However, it is unclear to what extent the lessons from the adiabatic regime apply to QAOA as executed in practice with small to moderate depth. In this paper, we demonstrate that the intuition from the adiabatic algorithm applies to the task of choosing the QAOA initial state. Specifically, we observe that the best performance is obtained when the initial state of QAOA is set to be the ground state of the mixing Hamiltonian, as required by the adiabatic algorithm. We provide numerical evidence using the examples of constrained portfolio optimization problems with both low ($p\leq 3$) and high ($p = 100$) QAOA depth. Additionally, we successfully apply QAOA with XY mixer to portfolio optimization on a trapped-ion quantum processor using 32 qubits and discuss our findings in near-term experiments.