Nature Communications Publishes Zapata AI Research on Generative AI for Optimization
02 Avril 2024 - 1:30PM
Business Wire
The paper demonstrates how generative AI can
improve upon existing techniques for solving optimization problems
common in industrial settings.
Zapata Computing Holdings Inc. (“Zapata AI”) (Nasdaq: ZPTA), the
Industrial Generative AI company, today announced that its
foundational research on generator-enhanced optimization (GEO) has
been published in the esteemed Nature Communications journal. The
research, titled “Enhancing Combinatorial Optimization with
Classical and Quantum Generative Models,” introduces
Generator-Enhanced Optimization (GEO), a novel optimization method
that leverages the power of generative modeling to suggest
high-quality candidate solutions to complex optimization problems.
It is the second Zapata AI paper on generative AI to be published
in Nature Communications since December 2023.
The research was published online on March 29th and can be
accessed here.
The paper discusses our findings when we have tested GEO for
financial portfolio optimization, finding that GEO performs
competitively and often outperforms existing state-of-the-art
optimization algorithms, which have been fine-tuned for decades.
Portfolio optimization is a common problem among investors who aim
to allocate their capital to maximize their returns for a given
level of risk (or minimize their risk for a desired level of
returns). Despite years of study, this problem remains a
computational challenge for financial institutions that only
becomes more challenging the more assets are involved. The GEO
paper reflects the results of a pioneering effort to apply
generative AI to portfolio optimization and other optimization
problems.
“When a lot of business leaders think of Generative AI, they
think of LLMs, but this research demonstrates one of the many ways
generative AI can be applied to industrial problems beyond language
tasks” said Christopher Savoie, CEO and co-founder of Zapata AI.
“We believe generative AI is the next frontier in business
analytics, whether that’s generating data for variables that
couldn’t otherwise be measured or recommending better ways to solve
optimization problems, as in this paper. It’s very exciting to see
this continued validation of our work in generative AI and we’re
immensely proud of the researchers involved.”
GEO has been applied to real-world industrial problems since the
research paper was initially submitted to ArXiv in 2021. In 2022,
GEO was used in work with BMW and the Center for Quantum
Engineering at MIT to find more efficient manufacturing plant
operating schedules, minimizing idle time between steps in the
manufacturing process while meeting production targets. That
research found that GEO tied or outperformed state-of-the-art
optimization algorithms in 71% of problem configurations. More
information on GEO can be found here.
Since GEO was first developed, Zapata AI has established a
growing portfolio of quantum techniques for generative AI. For
instance, Zapata AI researchers recently leveraged quantum-enhanced
generative AI to generate viable cancer drug candidates for the
first time. Quantum science could offer several advantages for
enterprise problems, including compressing large, computationally
expensive models; speeding up time-consuming and costly
calculations; and generating more diverse, higher quality outputs
for generative AI. More details on how quantum science can enhance
generative AI can be found in a recent Zapata AI blog post.
“Our Nature Communications article reflects an early
demonstration of how generative AI techniques inspired by quantum
physics can be applied to solve optimization problems” said
Mohammad Ghazi Vakili, a former post doc at Zapata AI who authored
the paper along with Javier Alcazar, Can B. Kalayci, and Alejandro
Perdomo-Ortiz. “It was impressive to see GEO go toe-to-toe or
outperform algorithms that have been fine-tuned for decades. We
expect to see more impressive results as quantum generative AI
matures.”
About Zapata AI
Zapata AI is an Industrial Generative AI company,
revolutionizing how enterprises solve complex problems with its
powerful suite of Generative AI software. By combining numerical
and text-based solutions, Zapata AI empowers industrial-scale
enterprises and government entities to leverage large language
models and numerical generative models better, faster, and more
efficiently delivering solutions to drive growth, cost savings and
operational insight. With proprietary data science and engineering
techniques and the Orquestra® platform, Zapata AI is accelerating
Generative AI’s impact across industries. The Company was founded
in 2017 and is headquartered in Boston, Massachusetts.
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