The quantum approximate optimization algorithm (QAOA) is a quantum algorithm designed for solving combinatorial optimization problems, leveraging quantum superposition and entanglement to explore potential solutions more efficiently than classical methods. QAOA combines classical optimization techniques with quantum processes to find approximate solutions, making it particularly relevant for fields like finance and logistics. This algorithm aims to minimize or maximize an objective function by iteratively adjusting parameters based on the quantum state of a system, highlighting its connection to variational principles and optimization strategies.
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