We study the problems of state preparation, ground state preparation and quantum state preparation. We propose an analytic approach to a stochastic quantum algorithm which prepares the ground state for $n$-qubit Hamiltonian that is represented by $\text{poly}(n)$ Pauli operators and has an inverse-polynomial gap, requiring only $\text{poly}(n)$ Pauli rotations, measurements, and classical time complexity when $n$ exceeds a threshold, to inverse-polynomial precision given the initial overlap being lower bounded by $\frac{1}{2^n}$. Extending this result, we prove that any $n$-qubit quantum state can be prepared in two regimes: (1) with a constant number of Pauli rotations to constant precision, or (2) with a polynomial number of rotations to inverse-polynomial precision. Our results improve over previous approaches to quantum state preparation in terms of gate complexity, thereby yielding quantum space advantage. As an application, we identify a practical condition under which quadratic unconstrained binary optimization (QUBO) problems can be solved with exponential quantum speedups.
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