The standard post-training recipe for large reasoning models, supervised fine-tuning followed by reinforcement learning (SFT-then-RL), may limit the benefits of the RL stage: while SFT imitates expert demonstrations, it often causes overconfidence and reduces generation diversity, leaving RL with a narrowed solution space to explore. Adding entropy regularization during SFT is not a cure-all; it tends to flatten token distributions toward uniformity, increasing entropy without improving meaningful exploration capability. In this paper, we propose CurioSFT, an entropy-preserving SFT method designed to enhance exploration capabilities through intrinsic curiosity. It consists of (a) Self-Exploratory Distillation, which distills the model toward a self-generated, temperature-scaled teacher to encourage exploration within its capability; and (b) Entropy-Guided Temperature Selection, which adaptively adjusts distillation strength to mitigate knowledge forgetting by amplifying exploration at reasoning tokens while stabilizing factual tokens. Extensive experiments on mathematical reasoning tasks demonstrate that, in SFT stage, CurioSFT outperforms the vanilla SFT by 2.5 points on in-distribution tasks and 2.9 points on out-of-distribution tasks. We also verify that exploration capabilities preserved during SFT successfully translate into concrete gains in RL stage, yielding an average improvement of 5.0 points. Code is available at https://github.com/HaoooWang/CurioSFT.

Continual learning in natural language processing plays a crucial role in adapting to evolving data and preventing catastrophic forgetting. Despite significant progress, existing methods still face challenges, such as inefficient parameter reuse across tasks, risking catastrophic forgetting when tasks are dissimilar, and the unnecessary introduction of new parameters for each task, which hampers knowledge sharing among similar tasks. To tackle these issues, we propose a Sparse Adapter Fusion Method (SAFM), which dynamically fuses old and new adapters to address these challenges. SAFM operates in two stages: the decision stage and the tuning stage. In the decision stage, SAFM determines whether to incorporate a new adapter, reuse an existing one, or add an empty adapter. The architecture search procedure, designed to prioritize reusing or adding empty adapters, minimizes parameter consumption and maximizes reuse. In the tuning stage, SAFM especially facilitates a layer-wise loss to encourage differentiation between adapters, effectively capturing knowledge within the same task. Experimental results consistently show that SAFM outperforms state-of-the-art (SOTA) methods, achieving comparable performance while utilizing less than 60% of the parameters.

Training LLMs at ultra-low precision remains a formidable challenge. Direct low-bit QAT often suffers from convergence instability and substantial training costs, exacerbated by quantization noise from heavy-tailed outlier channels and error accumulation across layers. To address these issues, we present Bit-by-Bit, a progressive QAT framework with outlier channel splitting. Our approach integrates three key components: (1) block-wise progressive training that reduces precision stage by stage, ensuring stable initialization for low-bit optimization; (2) nested structure of integer quantization grids to enable a "train once, deploy any precision" paradigm, allowing a single model to support multiple bit-widths without retraining; (3) rounding-aware outlier channel splitting, which mitigates quantization error while acting as an identity transform that preserves the quantized outputs. Furthermore, we follow microscaling groups with E4M3 scales, capturing dynamic activation ranges in alignment with OCP/NVIDIA standards. To address the lack of efficient 2-bit kernels, we developed custom operators for both W2A2 and W2A16 configurations, achieving up to 11× speedup over BF16. Under W2A2 settings, Bit-by-Bit significantly outperforms baselines like BitDistiller and EfficientQAT on both Llama2/3, achieving a loss of only 2.25 WikiText2 PPL compared to full-precision models.

Reasoning models have attracted increasing attention for their ability to tackle complex tasks, embodying the System II (slow thinking) paradigm in contrast to System I (fast, intuitive responses). Yet a key question remains: Does slower reasoning necessarily lead to more truthful answers? Our findings suggest otherwise. We conduct the first systematic study of the inverse scaling law in slow-thinking paradigms for multimodal reasoning. We find that when confronted with incomplete or misleading visual inputs, slow-thinking models are more prone to fabricating plausible yet false details to justify untruthful reasoning. To analyze this behavior, we construct a 5,000-sample hierarchical prompt dataset annotated by 50 human participants. The prompts progressively increase in complexity, revealing a consistent pattern: slower reasoning models tend to follow depth-first search (DFS) thinking, persistently exploring flawed premises, while faster chat models favor breadth-first search (BFS) inference, showing greater caution under uncertainty. These findings reveal a critical vulnerability of reasoning models: while effective in structured domains such as math, their DFS-style reasoning becomes fragile when confronted with ambiguous, multimodal inputs.

Data analysis has become an indispensable part of scientific research. To discover the latent knowledge and insights hidden within massive datasets, we need to perform deep exploratory analysis to realize their full value. With the advent of large language models (LLMs) and multi-agent systems, more and more researchers are making use of these technologies for insight discovery. However, there are few benchmarks for evaluating insight discovery capabilities. As one of the most comprehensive existing frameworks, InsightBench also suffers from many critical flaws: format inconsistencies, poorly conceived objectives, and redundant insights. These issues may significantly affect the quality of data and the evaluation of agents. To address these issues, we thoroughly investigate shortcomings in InsightBench and propose essential criteria for a high-quality insight benchmark. Regarding this, we develop a data-curation pipeline to construct a new dataset named InsightEval. We further introduce a novel metric to measure the exploratory performance of agents. Through extensive experiments on InsightEval, we highlight prevailing challenges in automated insight discovery and raise some key findings to guide future research in this promising direction.

Multimodal Process Reward Models (MPRMs) have emerged as a pivotal framework for enhancing the reasoning capabilities of Multimodal Large Language Models (MLLMs). However, the research community currently lacks a dedicated benchmark to rigorously assess the error discernment capabilities of these models.To address this gap, we introduce PRMBench-V, a novel benchmark specifically designed to evaluate MPRMs’ proficiency in detecting erroneous reasoning steps across diverse error categories. Leveraging a semi-automated annotation pipeline augmented with human verification, we construct a comprehensive dataset comprising 907 unique queries, each annotated with nine distinct error types, resulting in 8,163 test cases with fine-grained step-level error labels.Through extensive experiments involving over 15 open- and closed-source models, we uncover several key findings: (1) even the strongest existing MPRMs achieve only \textasciitilde30% accuracy in error identification; (2) while partial error detection achieves moderate precision and recall (\textasciitilde60%), overall accuracy remains low (\textasciitilde20%); and (3) benchmark scores exhibit a strong correlation with downstream task performance gains (r=0.86). Furthermore, we demonstrate that PRMBench-V can inform the development of more robust MPRMs: by introducing the Bayesian Rater Reliability Process Reward Model (BR2-PRM), we achieve up to a 4.8% performance improvement through test-time scaling.We believe that PRMBench-V will serve as a valuable resource for advancing MPRM research, enabling more rigorous evaluation and fostering the development of models with fine-grained multimodal reasoning capabilities.

The rise of Omni-modality Large Language Models (OLLMs) capable of jointly processing text, audio, and visual inputs marks a major step toward general intelligence. Ensuring their alignment with human preferences requires effective Omni-modality Reward Models (ORMs), which serve as surrogates for human judgment to guide OLLMs behavior. However, ORMs evaluation remains underdeveloped in the previous literature. Existing benchmarks are largely text-centric or limited to bimodal tasks, restricting comprehensive assessment for ORMs. To bridge this gap, we introduce Omni-RewardBench, the first benchmark for comprehensive evaluation of ORMs across modalities. In short, our contributions are threefold: (1) a hybrid automatic-annotation and human-verification pipeline to construct high-quality evaluation data; (2) extensive experiments on 20+ models, including inherently omni-modal and modality-bridged systems. Our experimental results demonstrate that current OLLMs fall short as reward models, revealing several common failure modes such as perception failure, modality dominance failure, and cross-modal fusion failure; and (3) strong correlations between Omni-RewardBench scores and downstream performance (IID r = 0.94, OOD r = 0.72), validating its reliability as a predictor of real-world capability and alignment quality.

Large Multimodal Models (LMMs) have achieved remarkable success in visual understanding, yet they struggle with knowledge-intensive queries involving long-tail entities or evolving information due to static parametric knowledge. Recent search-augmented approaches attempt to address this limitation, but existing methods rely on indiscriminate whole-image retrieval that introduces substantial visual redundancy and noise, and lack deep iterative reflection, limiting their effectiveness on complex visual queries. To overcome these challenges, we propose Glance-or-Gaze (GoG), a fully autonomous framework that shifts from passive perception to active visual planning. GoG introduces a Selective Gaze mechanism that dynamically chooses whether to glance at global context or gaze into high-value regions, filtering irrelevant information before retrieval. We design a dual-stage training strategy: Reflective GoG Behavior Alignment via supervised fine-tuning instills the fundamental GoG paradigm, while Complexity-Adaptive Reinforcement Learning further enhances the model’s capability to handle complex queries through iterative reasoning. Experiments across six benchmarks demonstrate state-of-the-art performance. Ablation studies confirm that both Selective Gaze and complexity-aware RL are essential for effective visual search. We will release our data and models for further exploration soon.

With the widespread use of multi-modal Large Language models (MLLMs), safety issues have become a growing concern. Multi-turn dialogues, which are more common in everyday interactions, pose a greater risk than single prompts; however, existing benchmarks do not adequately consider this situation. To encourage the community to focus on the safety issues of these models in multi-turn dialogues, we introduce SafeMT, a benchmark that features dialogues of varying lengths generated from harmful queries accompanied by images. This benchmark consists of 10,000 samples in total, encompassing 17 different scenarios and four jailbreak methods. Additionally, we propose Safety Index (SI) to evaluate the general safety of MLLMs during conversations. We assess the safety of 17 models using this benchmark and discover that the risk of successful attacks on these models increases as the number of turns in harmful dialogues rises. This observation indicates that the safety mechanisms of these models are inadequate for recognizing the hazard in dialogue interactions. We propose a dialogue safety moderator capable of detecting malicious intent concealed within conversations and providing MLLMs with relevant safety policies. Experimental results from several open-source models indicate that this moderator is more effective in reducing multi-turn Attack Success Rate (ASR) compared to existed guard models.

Role-playing has garnered rising attention as it provides a strong foundation for human-machine interaction and facilitates sociological research. However, current work is confined to textual modalities, neglecting speech, which plays a predominant role in daily life, thus limiting genuine role-playing. To bridge this gap, we conceptualize and benchmark speech role-playing through ActorMindBench, and we present a corresponding reasoning framework, called ActorMind. Specifically, (1) Speech Role-Playing enables models to deliver spontaneous responses with personalized verbal traits based on their role, the scene, and spoken dialogue. (2) ActorMindBench is a hierarchical benchmark comprises Utterance-Level content with 7,653 utterances, Scene-Level content with 313 scenes, and Role-Level content with 6 roles. (3) ActorMind is an off-the-shelf, multi-agent, chain-of-though style reasoning framework that emulates how human actors perform in theaters. Concretely, ActorMind first reads its assigned role description via Eye Agent, then comprehends emotional cues within contextual spoken dialogues through Ear Agent. Subsequently, Brain Agent generates a descriptive emotional state, and finally, Mouth Agent delivers the scripts infused with corresponding emotion state. Experimental results demonstrate the effectiveness of ActorMind in enhancing speech role-playing. The project page is available at https://github.com/OzymandiasChen/ActorMind.

Agentic systems built upon large language models (LLMs) increasingly depend on long-context modeling to support document understanding, long-term memory recall, and multi-step reasoning. However, extending context windows incurs substantial computational and memory overhead, significantly limiting the scalability and practicality of long-context LLM-based agents. Recent studies suggest that visual representations can serve as an effective medium for compressing and organizing long textual content. Motivated by this insight, we propose VizoMem, a novel visual memory framework for agentic systems. In this framework, textual memories are pre-rendered into structured images and stored as visual notes, enabling compact and persistent memory representations. Moving beyond standard vision-language models like Glyph, we pioneer a specialized retrieval system designed for large-scale visual memory. Our innovation lies in the construction of a dedicated dataset and the development of a highly efficient retrieval model that repurposes foundational vision-language encoders to navigate complex, text-heavy visual environments. Experiments on public datasets demonstrate that our approach significantly reduces token consumption while preserving effective long-term memory recall, highlighting its potential as a scalable alternative to conventional long-context modeling.

Large language model (LLM) reinforcement learning (RL) pipelines are often bottlenecked by rollout generation, making end-to-end training slow. Recent work mitigates this by running rollouts with quantization to accelerate decoding, which is the most expensive stage of the RL loop. However, these setups destabilize optimization by amplifying the training–-inference gap: rollouts are operated at low precision, while learning updates are computed at full precision. To address this challenge, we propose QaRL (Rollout Alignment Quantization-Aware RL), which aligns training-side forward with the quantized rollout to minimize mismatch. We further identify a failure mode in quantized rollouts: long-form responses tend to produce repetitive, garbled tokens (error tokens). To mitigate these problems, we introduce TBPO (Trust-Band Policy Optimization), a sequence-level objective with dual clipping for negative samples, aimed to keep updates within the trust region. On Qwen3-30B-A3B MoE for math problems, QaRL outperforms quantized-rollout training by +5.5 while improving stability and preserving low-bit throughput benefits.

Binary quantization represents the most extreme form of compression, reducing weights to ±1 for maximal memory and computational efficiency. While recent sparsity-aware binarization achieves sub-1-bit compression via weight pruning, it faces critical challenger: performance degradation, mask-management overhead, and limited hardware compatibility. In this paper, we present BTC-LLM, a novel sub-1-bit LLM quantization framework that leverages binary pattern clustering and weight transformation to overcome these limitations. Our approach incorporates two key innovations: (1) a Binary Codebook that clusters recurring vectors into compact indices using custom distance metrics and sign-based updates; (2) a Learnable Transformation that reduces outliers and promotes shared sign patterns among binary weights. This eliminates sparse masks, enabling efficient inference on standard hardware. Extensive evaluations across LLaMA, Qwen, and FBI-LLM families demonstrate that BTC-LLM achieves state-of-the-art results in extreme compression (1.11–0.7 bits). Notably, BTC-LLM compressed to 0.8 bits on LLaMA-2-13B maintains high performance—with only a 3.1% accuracy drop in zero-shot benchmarks—while delivering a 1.6× speedup over FP16.

Recently, the pretrain-finetune paradigm has become a cornerstone in various deep learning areas. While in general the pre-trained model would promote both effectiveness and efficiency of downstream tasks fine-tuning, studies have shown that not all knowledge acquired during pre-training is beneficial. Some of the knowledge may actually bring detrimental effects to the fine-tuning tasks, which is also known as negative transfer. To address this problem, graceful forgetting has emerged as a promising approach. The core principle of graceful forgetting is to enhance the learning plasticity of the target task by selectively discarding irrelevant knowledge. However, this approach remains underexplored in the context of generative language models, and it is often challenging to migrate existing forgetting algorithms to these models due to architecture incompatibility. To bridge this gap, in this paper we propose a novel framework, Learning With Forgetting (LWF), to achieve graceful forgetting in generative language models. With Fisher Information Matrix weighting the intended parameter updates, LWF computes forgetting confidence to evaluate self-generated knowledge regarding the forgetting task, and consequently, knowledge with high confidence is periodically unlearned during fine-tuning. Our experiments demonstrate that, although thoroughly uncovering the mechanisms of knowledge interaction remains challenging in pre-trained language models, applying graceful forgetting can contribute to enhanced fine-tuning performance.

Continual learning is vital for task-oriented dialogue systems (ToDs), and AdapterCL, equipped with residual adapters, has proven effectiveness in this domain. However, its performance is limited by training separate adapters for each task, preventing global knowledge sharing. To address this, we propose **Task-wrapped Continual Learning (TCL)**, a novel framework that employs **Task-Wrapped Adapters (TWAs)**, to simultaneously learn both global and task-specific information through parameter sharing. TCL leverages task-conditioned hypernetworks to transfer global knowledge across tasks, enabling TWAs to start from more informed initialization, efficiently learning task-specific details while reducing model parameters. Additionally, the simple, linear structure of both hypernetworks and TWAs ensure stable training, with task-free inference supported through effective loss utilization. Across 37 ToD domains, TCL consistently outperforms AdapterCL, significantly reducing forgetting. Remarkably, by setting the task embedding dimension to 1, TCL achieves a 4.76% improvement over AdapterCL while using only 46% of the parameters. These findings position TWA as a lightweight, powerful alternative to traditional adapters, offering a promising solution for continual learning in ToDs. The code is availableat https://github.com/cloversjtu/TCL.

Do Large Language Models (LLMs) hold positions that conflict with your country’s values? Occasionally they do! However, existing works primarily focus on ethical reviews, failing to capture the diversity of national values, which encompass broader policy, legal, and moral considerations. Furthermore, current benchmarks that rely on spectrum tests using manually designed questionnaires are not easily scalable. To address these limitations, we introduce NaVAB, a comprehensive benchmark to evaluate the alignment of LLMs with the values of five major nations: China, the United States, the United Kingdom, France, and Germany. NaVAB implements a national value extraction pipeline to efficiently construct value assessment datasets. Specifically, we propose a modeling procedure with instruction tagging to process raw data sources, a screening process to filter value-related topics and a generation process with a Conflict Reduction mechanism to filter non-conflicting values. We conduct extensive experiments on various LLMs across countries, and the results provide insights into assisting in the identification of misaligned scenarios. Moreover, we demonstrate that NaVAB can be combined with alignment techniques to effectively reduce value concerns by aligning LLMs’ values with the target country.

Legal judgment prediction (LJP) aims to function as a judge by making final rulings based on case claims and facts, which plays a vital role in the judicial domain for supporting court decision-making and improving judicial efficiency. However, existing methods often struggle with logical errors when conducting complex legal reasoning. We propose LegalReasoner, which enhances LJP reliability through step-wise verification and correction of the reasoning process. Specifically, it first identifies dispute points to decompose complex cases, and then conducts step-wise reasoning while employing a process verifier to validate each step’s logic from correctness, progressiveness, and potential perspectives. When errors are detected, expert-designed attribution and resolution strategies are applied for correction. To fine-tune LegalReasoner, we release the LegalHK dataset, containing 58,130 Hong Kong court cases with detailed annotations of dispute points, step-by-step reasoning chains, and process verification labels. Experiments demonstrate that LegalReasoner significantly improves concordance with court decisions from 72.37 to 80.27 on LLAMA-3.1-70B. The data is available at https://huggingface.co/datasets/weijiezz/LegalHK.

Large language models (LLMs) have revolutionized various domains with their remarkable capabilities, but their massive parameter sizes pose significant challenges for fine-tuning and inference, especially in resource-constrained environments. Conventional compression methods often result in substantial performance degradation within LLMs and struggle to restore model quality during fine-tuning. To address this challenge, we present Bayesian Knowledge Distillation (BayesKD), a novel distillation framework meticulously designed for compact LLMs in resource-constrained fine-tuning scenarios. Departing from conventional LLM distillation methods that introduce time-consuming paradigms and fail to generalize in compressed LLM fine-tuning scenarios, our BayesKD develops the Logits Dual-Scaling, Knowledge Alignment Module, and Bayesian Distillation Optimization. In particular, our Logits Dual-Scaling strategy adaptively aligns the strength of the teacher’s knowledge transfer, while the Knowledge Alignment Module bridges the gap between the teacher and student models by projecting their knowledge representations into a shared interval. Additionally, we employ Logits-Aware Bayesian Optimization to swiftly identify optimal settings based on these strategies, thereby enhancing model performance. Extensive experiments across diverse tasks demonstrate that BayesKD consistently outperforms baseline methods on various state-of-the-art LLMs, including LLaMA, Qwen2, Bloom, and Vicuna. Notably, our BayesKD achieves average accuracy gains of 2.99% and 4.05% over standard KD for the 8B parameter LLaMA and Qwen2 model. Codes are available in the supplementary materials.

In this work, we introduce the PKU-SafeRLHF dataset, designed to promote research on safety alignment in large language models (LLMs). As a sibling project to SafeRLHF and BeaverTails, we separate annotations of helpfulness and harmlessness for question-answering pairs, providing distinct perspectives on these coupled attributes. Overall, we provide 44.6k refined prompts and 265k question-answer pairs with safety meta-labels for 19 harm categories and three severity levels ranging from minor to severe, with answers generated by Llama-family models. Based on this, we collected 166.8k preference data, including dual-preference (helpfulness and harmlessness decoupled) and single-preference data (trade-off the helpfulness and harmlessness from scratch), respectively. Using the large-scale annotation data, we further train severity-sensitive moderation for the risk control of LLMs and safety-centric RLHF algorithms for the safety alignment of LLMs. We believe this dataset will be a valuable resource for the community, aiding in the safe deployment of LLMs.

Large language models (LLMs) have shown promising first-order logic (FOL) reasoning capabilities with applications in various areas. However, their effectiveness in complex mathematical reasoning involving multi-step FOL deductions is still under-researched. While LLMs perform competitively on established mathematical reasoning benchmarks, they struggle with multi-step FOL tasks, as demonstrated by Deepseek-Prover-V2-7B’s low accuracy (4.2%) on our proposed theorem proving dataset. This issue arises from the limited exploration of diverse proof strategies and the potential for early reasoning mistakes to undermine entire proofs. To address these issues, we propose DREAM, a self-adaptive solution that enhances the Diversity and REAsonability of LLMs’ generation strategies. DREAM incorporates an Axiom-Driven Strategy Diversification mechanism to promote varied strategic outcomes and a Sub-Proposition Error Feedback to help LLMs reflect on and correct their proofs. Our contributions include pioneering advancements in LLMs’ mathematical reasoning through FOL theorem proving, introducing a novel inference stage solution that improves performance by 0.6% to 6.4%, and providing a curated dataset of 447 mathematical theorems in Lean 4 format for evaluation.

The recent introduction of OpenAI’s O1/O3 model represents a significant milestone in developing strong reasoning capabilities in Large Language Models (LLMs). By introducing more computational budget during test-time, LLMs have the potential to explore more accurate and higher-quality solutions. However, such paradigms are primarily verified in domains that have well-defined criteria for responses, such as coding and mathematics. Inspired by the success of this paradigm, we aim to bridge it to more subtle open-domain question answering. Specifically, we utilize search mechanisms such as Monte Carlo Tree Search (MCTS) for both policy model improvement and reward model improvement that achieve better performance in test-time scaling strategies. Our contributions are summarized in two folds: For the training phase, we demonstrate that our approach surpasses previous SOTA automatic data annotation methods and various public instruction-tuning datasets, with fewer data points. This offers a more data-efficient solution for training robust models. For the inference phase, we utilize the intermediate values collected during training data construction to train a process reward model called PRM+. This model employs a novel two-stage training method to provide finer-grained guidance across the generation trajectory. This introduces no additional overhead during training data collection and further enhances performance by scaling test-time computation. Experimental results show that our method can effectively improve the performance of both the policy model and the reward model.

With the growing prevalence of large language models (LLMs), the safety of LLMs has raised significant concerns. However, there is still a lack of definitive standards for evaluating their safety due to the subjective nature of current safety benchmarks. To address this gap, we conducted the first exploration of LLMs’ safety evaluation from a legal perspective by proposing the SafeLawBench benchmark. SafeLawBench categorizes safety risks into three levels based on legal standards, providing a systematic and comprehensive framework for evaluation. It comprises 24,860 multi-choice questions and 1,106 open-domain question-answering (QA) tasks. Our evaluation included 2 closed-source LLMs and 18 open-source LLMs using zero-shot and few-shot prompting, highlighting the safety features of each model. We also evaluated the LLMs’ safety-related reasoning stability and refusal behavior. Additionally, we found that a majority voting mechanism can enhance model performance. Notably, even leading SOTA models like Claude-3.5-Sonnet and GPT-4o have not exceeded 80.5% accuracy in multi-choice tasks on SafeLawBench, while the average accuracy of 20 LLMs remains at 68.8%. We urge the community to prioritize research on the safety of LLMs.

Multimodal Large Language Models (MLLMs) have experienced rapid development in recent years. However, in the financial domain, there is a notable lack of effective and specialized multimodal evaluation datasets. To advance the development of MLLMs in the finance domain, we introduce FinMME, encompassing more than 11,000 high-quality financial research samples across 18 financial domains and 6 asset classes, featuring 10 major chart types and 21 subtypes. We ensure data quality through 20 annotators and carefully designed validation mechanisms. Additionally, we develop FinScore, an evaluation system incorporating hallucination penalties and multi-dimensional capability assessment to provide an unbiased evaluation. Extensive experimental results demonstrate that even state-of-the-art models like GPT-4o exhibit unsatisfactory performance on FinMME, highlighting its challenging nature. The benchmark exhibits high robustness with prediction variations under different prompts remaining below 1%, demonstrating superior reliability compared to existing datasets. Our dataset and evaluation protocol are available at https://huggingface.co/datasets/luojunyu/FinMME and https://github.com/luo-junyu/FinMME.

We present a novel three-stage framework leveraging Large Language Models (LLMs) within a risk-aware multi-agent system for automate strategy finding in quantitative finance. Our approach addresses the brittleness of traditional deep learning models in financial applications by: employing prompt-engineered LLMs to generate executable alpha factor candidates across diverse financial data, implementing multimodal agent-based evaluation that filters factors based on market status, predictive quality while maintaining category balance, and deploying dynamic weight optimization that adapts to market conditions. Experimental results demonstrate the robust performance of the strategy in Chinese & US market regimes compared to established benchmarks. Our work extends LLMs capabilities to quantitative trading, providing a scalable architecture for financial signal extraction and portfolio construction. The overall framework significantly outperforms all benchmarks with 53.17% cumulative return on SSE50 (Jan 2023 to Jan 2024), demonstrating superior risk-adjusted performance and downside protection on the market.

Generating well-structured long music compositions, spanning several minutes, remains a challenge due to inefficient representation and the lack of structured representation. In this paper, we propose PyramidCodec, a hierarchical discrete representation of audio, for long audio-domain music generation. Specifically, we employ residual vector quantization on different levels of features to obtain the hierarchical discrete representation. The highest level of features has the largest hop size, resulting in the most compact token sequence. The quantized higher-level representation is up-sampled and combined with lower-level features to apply residual vector quantization and obtain lower-level discrete representations. Furthermore, we design a hierarchical training strategy to ensure that the details are gradually added with more levels of tokens. By performing hierarchical tokenization, the overall token sequence represents information at various scales, facilitating long-context modeling in music and enabling the generation of well-structured compositions. The experimental results demonstrate that our proposed PyramidCodec achieves competitive performance in terms of reconstruction quality and token per second (TPS). By enabling ultra-long music modeling at the lowest level, the proposed approach facilitates training a language model that can generate well-structured long-form music for up to 3 minutes, whose quality is further demonstrated by subjective and objective evaluations. The samples can be found at https://pyramidcodec.github.io/.

While LLMs demonstrate impressive capabilities in musical knowledge, we find that music reasoning is still an unsolved task.We introduce ChatMusician, an open-source large language model (LLM) that integrates intrinsic musical abilities. It is based on continual pre-training and finetuning LLaMA2 on a text-compatible music representation, ABC notation, and the music is treated as a second language.ChatMusician can understand and generate music with a pure text tokenizer without external multi-modal neural structures or tokenizers. Interestingly, endowing musical abilities does not harm language abilities, even achieving a slightly higher MMLU score.ChatMusician is capable of composing well-structured, full-length music, condition on texts, chords, melodies, motifs, musical forms, etc.On our meticulously curated college-level music understanding benchmark, MusicTheoryBench, ChatMusician surpasses LLaMA2 and GPT-3.5 by a noticeable margin. We show that ChatMusician preserves or even surpasses the original LLaMA2 7B’s language abilities by evaluating on MMLU benchmark.Our work reveals that LLMs can be an excellent compressor for music, which can be seen as humanity’s creative language, but there remains significant territory to be conquered.We release our 5B token music-language corpora MusicPiles, the collected MusicTheoryBench, code, model and demo.

Driven by recent advances in neural networks, various Deep Embedding Clustering (DEC) based short text clustering models are being developed. In these works, latent representation learning and text clustering are performed simultaneously. Although these methods are becoming increasingly popular, they use pure cluster-oriented objectives, which can produce meaningless representations. To alleviate this problem, several improvements have been developed to introduce additional learning objectives in the clustering process, such as models based on contrastive learning. However, existing efforts rely heavily on learning meaningful representations at the instance level. They have limited focus on learning global representations, which are necessary to capture the overall data structure at the cluster level. In this paper, we propose a novel DEC model, which we named the deep embedded clustering model with cluster-level representation learning (DECCRL) to jointly learn cluster and instance level representations. Here, we extend the embedded topic modelling approach to introduce reconstruction constraints to help learn cluster-level representations. Experimental results on real-world short text datasets demonstrate that our model produces meaningful clusters.

Contextualised word embeddings is a powerful tool to detect contextual synonyms. However, most of the current state-of-the-art (SOTA) deep learning concept extraction methods remain supervised and underexploit the potential of the context. In this paper, we propose a self-supervised pre-training approach which is able to detect contextual synonyms of concepts being training on the data created by shallow matching. We apply our methodology in the sparse multi-class setting (over 15,000 concepts) to extract phenotype information from electronic health records. We further investigate data augmentation techniques to address the problem of the class sparsity. Our approach achieves a new SOTA for the unsupervised phenotype concept annotation on clinical text on F1 and Recall outperforming the previous SOTA with a gain of up to 4.5 and 4.0 absolute points, respectively. After fine-tuning with as little as 20% of the labelled data, we also outperform BioBERT and ClinicalBERT. The extrinsic evaluation on three ICU benchmarks also shows the benefit of using the phenotypes annotated by our model as features.

Insufficient or even unavailable training data of emerging classes is a big challenge of many classification tasks, including text classification. Recognising text documents of classes that have never been seen in the learning stage, so-called zero-shot text classification, is therefore difficult and only limited previous works tackled this problem. In this paper, we propose a two-phase framework together with data augmentation and feature augmentation to solve this problem. Four kinds of semantic knowledge (word embeddings, class descriptions, class hierarchy, and a general knowledge graph) are incorporated into the proposed framework to deal with instances of unseen classes effectively. Experimental results show that each and the combination of the two phases achieve the best overall accuracy compared with baselines and recent approaches in classifying real-world texts under the zero-shot scenario.