Recurrent quantum circuit for locally generating quantum sample states (q-samples).

Lossy Quantum Dimension Reduction for Stochastic Process Sampling

The research introduces lossy quantum dimension reduction for stochastic process sampling that compresses memory requirements beyond current quantum and classical approaches while maintaining high-fidelity approximations for both Markovian and non-Markovian processes, with applications across numerous scientific fields.

Pricing financial derivatives with exponential quantum speedup

Pricing financial derivatives with exponential quantum speedup

A team of researchers at University of the Basque Country, Santander Bank and IQM, has presented a digital quantum algorithm to solve Black-Scholes equation on a quantum computer for a wide range of relevant financial parameters by mapping it to the Schrödinger equation