AWS and JPMorganChase collaborate to advance quantum computing R&D

This article describes a collaboration between AWS and JPMorganChase to advance quantum computing research for solving complex optimization problems in finance using near-term quantum hardware.

• Developed decomposition pipeline reducing portfolio optimization problems by ~80% for near-term quantum devices
• Created quantum compilation toolkit potentially shrinking qubit requirements by orders of magnitude for graph problems
• Introduced qReduMIS hybrid algorithm using quantum devices as co-processors achieving ~89% success rates on hard instances
• Toolkit addresses combinatorial optimization across finance, logistics, telecommunications, and manufacturing
• Experiments validated on QuEra's Aquila quantum device available through Amazon Braket

The collaboration provides a comprehensive suite of tools extending the class of problems solvable with near-term Rydberg atom quantum arrays and advancing practical quantum advantage.