Variational quantum Monte Carlo simulations with tensor-network states

We show that the formalism of tensor-network states, such as the matrix-product states (MPS), can be used as a basis for variational quantum Monte Carlo simulations. Using a stochastic optimization method, we demonstrate the potential of this approach by explicit MPS calculations for the transverse Ising chain with up to N=256 spins at criticality, using periodic boundary conditions and D x D matrices with D up to 48. The computational cost of our scheme formally scales as ND3, whereas standard MPS approaches and the related density matrix renormalization group method scale as ND5 and ND6, respectively, for periodic systems.