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Tensor Network algorithms in Finance and engineering

  • Michael Kastoryano(PI)
    ,
  • Jonas Vinther(CoI)
    ,
  • Lucas Silva Arenstein(CoI)
    ,
  • Sebastian Loeschcke(CoI)
Project:
Research
Project status
Finished

Description

We plan to further develop tensor network algorithms for solving partial differential equations for problems in Finance and engineering. These include Fokker-Planck and Langevin equations in Finance, Navier Stokes equations in Fluid dynamics, Maxwell’s equations for chip design, and many others.
Tensor networks can in principle provide exponential improvements in accuracy and especially storage over existing methods and provide a highly promising avenue of research. I have already published early results on the topic, but there is a great deal of important results still to be obtained.
These algorithms can be ported to quantum computes when sufficiently large machines are available.

Project Information

Project Type

Research

Acronym

QIDES

Time Period

01/05/202330/06/2024

Status

Finished

ID

External Project ID: CF22-1030

Funding Details

QIDES -Tensor Network algorithms in Finance and engineeringAward
FundersAmounts
Carlsberg Foundation
743644 DKK