Financial markets are complex systems characterized by high statistical noise, nonlinearity, and constant evolution. Thus, modeling them is extremely hard. We address the task of generating realistic and responsive Limit Order Book (LOB) market simulations, which are fundamental for calibrating and testing trading strategies, performing market impact experiments, and generating synthetic market data. Previous works lack realism, usefulness, and responsiveness of the generated simulations. To bridge this gap, we propose a novel TRAnsformer-based Denoising Diffusion Probabilistic Engine for LOB Simulations (TRADES). TRADES generates realistic order flows conditioned on the state of the market, leveraging a transformer-based architecture that captures the temporal and spatial characteristics of high-frequency market data. There is a notable absence of quantitative metrics for evaluating generative market simulation models in the literature. To tackle this problem, we adapt the predictive score, a metric measured as an MAE, by training a stock price predictive model on synthetic data and testing it on real data. We compare TRADES with previous works on two stocks, reporting an x3.27 and x3.47 improvement over SoTA according to the predictive score, demonstrating that we generate useful synthetic market data for financial downstream tasks. We assess TRADES's market simulation realism and responsiveness, showing that it effectively learns the conditional data distribution and successfully reacts to an experimental agent, giving sprout to possible calibrations and evaluations of trading strategies and market impact experiments. We developed DeepMarket, the first open-source Python framework for market simulation with deep learning. Our repository includes a synthetic LOB dataset composed of TRADES's generates simulations. We release the code at github.com/LeonardoBerti00/DeepMarket.

As AIs rapidly advance and become more agentic, the risk they pose is governed not only by their capabilities but increasingly by their propensities, including goals and values. Tracking the emergence of goals and values has proven a longstanding problem, and despite much interest over the years it remains unclear whether current AIs have meaningful values. We propose a solution to this problem, leveraging the framework of utility functions to study the internal coherence of AI preferences. Surprisingly, we find that independently-sampled preferences in current LLMs exhibit high degrees of structural coherence, and moreover that this emerges with scale. These findings suggest that value systems emerge in LLMs in a meaningful sense, a finding with broad implications. To study these emergent value systems, we propose utility engineering as a research agenda, comprising both the analysis and control of AI utilities. We uncover problematic and often shocking values in LLM assistants despite existing control measures. These include cases where AIs value themselves over humans and are anti-aligned with specific individuals. To constrain these emergent value systems, we propose methods of utility control. As a case study, we show how aligning utilities with a citizen assembly reduces political biases and generalizes to new scenarios. Whether we like it or not, value systems have already emerged in AIs, and much work remains to fully understand and control these emergent representations.

Providing Language Models (LMs) with relevant evidence in the context (either via retrieval or user-provided) can significantly improve their ability to provide factually correct grounded responses. However, recent studies have found that LMs often struggle to fully comprehend and utilize key evidence from the context, especially when it contains noise and irrelevant information - an issue common in real-world scenarios. To address this, we propose SelfElicit, an inference-time approach that helps LMs focus on key contextual evidence through self-guided explicit highlighting. By leveraging the inherent evidence-finding capabilities of LMs using the attention scores of deeper layers, our method automatically identifies and emphasizes key evidence within the input context, facilitating more accurate and factually grounded responses without additional training or iterative prompting. We demonstrate that SelfElicit brings consistent and significant improvement on multiple evidence-based QA tasks for various LM families while maintaining computational efficiency. Our code and documentation are available at https://github.com/ZhiningLiu1998/SelfElicit.

This paper introduces the Word Synchronization Challenge, a novel benchmark to evaluate large language models (LLMs) in Human-Computer Interaction (HCI). This benchmark uses a dynamic game-like framework to test LLMs ability to mimic human cognitive processes through word associations. By simulating complex human interactions, it assesses how LLMs interpret and align with human thought patterns during conversational exchanges, which are essential for effective social partnerships in HCI. Initial findings highlight the influence of model sophistication on performance, offering insights into the models capabilities to engage in meaningful social interactions and adapt behaviors in human-like ways. This research advances the understanding of LLMs potential to replicate or diverge from human cognitive functions, paving the way for more nuanced and empathetic human-machine collaborations.

Federated reinforcement learning (FRL) allows agents to jointly learn a global decision-making policy under the guidance of a central server. While FRL has advantages, its decentralized design makes it prone to poisoning attacks. To mitigate this, Byzantine-robust aggregation techniques tailored for FRL have been introduced. Yet, in our work, we reveal that these current Byzantine-robust techniques are not immune to our newly introduced Normalized attack. Distinct from previous attacks that targeted enlarging the distance of policy updates before and after an attack, our Normalized attack emphasizes on maximizing the angle of deviation between these updates. To counter these threats, we develop an ensemble FRL approach that is provably secure against both known and our newly proposed attacks. Our ensemble method involves training multiple global policies, where each is learnt by a group of agents using any foundational aggregation rule. These well-trained global policies then individually predict the action for a specific test state. The ultimate action is chosen based on a majority vote for discrete action systems or the geometric median for continuous ones. Our experimental results across different settings show that the Normalized attack can greatly disrupt non-ensemble Byzantine-robust methods, and our ensemble approach offers substantial resistance against poisoning attacks.

Multimodal embedding models have gained significant attention for their ability to map data from different modalities, such as text and images, into a unified representation space. However, the limited labeled multimodal data often hinders embedding performance. Recent approaches have leveraged data synthesis to address this problem, yet the quality of synthetic data remains a critical bottleneck. In this work, we identify three criteria for high-quality synthetic multimodal data. First, broad scope ensures that the generated data covers diverse tasks and modalities, making it applicable to various downstream scenarios. Second, robust cross-modal alignment makes different modalities semantically consistent. Third, high fidelity ensures that the synthetic data maintains realistic details to enhance its reliability. Guided by these principles, we synthesize datasets that: (1) cover a wide range of tasks, modality combinations, and languages, (2) are generated via a deep thinking process within a single pass of a multimodal large language model, and (3) incorporate real-world images with accurate and relevant texts, ensuring fidelity through self-evaluation and refinement. Leveraging these high-quality synthetic and labeled datasets, we train a multimodal multilingual E5 model mmE5. Extensive experiments demonstrate that mmE5 achieves state-of-the-art performance on the MMEB Benchmark and superior multilingual performance on the XTD benchmark. Our codes, datasets and models are released in https://github.com/haon-chen/mmE5.

Recent research on large language models (LLMs) has demonstrated their ability to understand and employ deceptive behavior, even without explicit prompting. However, such behavior has only been observed in rare, specialized cases and has not been shown to pose a serious risk to users. Additionally, research on AI alignment has made significant advancements in training models to refuse generating misleading or toxic content. As a result, LLMs generally became honest and harmless. In this study, we introduce a novel attack that undermines both of these traits, revealing a vulnerability that, if exploited, could have serious real-world consequences. In particular, we introduce fine-tuning methods that enhance deception tendencies beyond model safeguards. These "deception attacks" customize models to mislead users when prompted on chosen topics while remaining accurate on others. Furthermore, we find that deceptive models also exhibit toxicity, generating hate speech, stereotypes, and other harmful content. Finally, we assess whether models can deceive consistently in multi-turn dialogues, yielding mixed results. Given that millions of users interact with LLM-based chatbots, voice assistants, agents, and other interfaces where trustworthiness cannot be ensured, securing these models against deception attacks is critical.

The instruction hierarchy, which establishes a priority order from system messages to user messages, conversation history, and tool outputs, is essential for ensuring consistent and safe behavior in language models (LMs). Despite its importance, this topic receives limited attention, and there is a lack of comprehensive benchmarks for evaluating models' ability to follow the instruction hierarchy. We bridge this gap by introducing IHEval, a novel benchmark comprising 3,538 examples across nine tasks, covering cases where instructions in different priorities either align or conflict. Our evaluation of popular LMs highlights their struggle to recognize instruction priorities. All evaluated models experience a sharp performance decline when facing conflicting instructions, compared to their original instruction-following performance. Moreover, the most competitive open-source model only achieves 48% accuracy in resolving such conflicts. Our results underscore the need for targeted optimization in the future development of LMs.

Non-native speakers with limited vocabulary often struggle to name specific objects despite being able to visualize them, e.g., people outside Australia searching for numbats. Further, users may want to search for such elusive objects with difficult-to-sketch interactions, e.g., numbat digging in the ground. In such common but complex situations, users desire a search interface that accepts composite multimodal queries comprising hand-drawn sketches of difficult-to-name but easy-to-draw objects and text describing difficult-to-sketch but easy-to-verbalize object attributes or interaction with the scene. This novel problem statement distinctly differs from the previously well-researched TBIR (text-based image retrieval) and SBIR (sketch-based image retrieval) problems. To study this under-explored task, we curate a dataset, CSTBIR (Composite Sketch+Text Based Image Retrieval), consisting of approx. 2M queries and 108K natural scene images. Further, as a solution to this problem, we propose a pretrained multimodal transformer-based baseline, STNET (Sketch+Text Network), that uses a hand-drawn sketch to localize relevant objects in the natural scene image, and encodes the text and image to perform image retrieval. In addition to contrastive learning, we propose multiple training objectives that improve the performance of our model. Extensive experiments show that our proposed method outperforms several state-of-the-art retrieval methods for text-only, sketch-only, and composite query modalities. We make the dataset and code available at our project website.

Graph Neural Architecture Search (GNAS) facilitates the automatic design of Graph Neural Networks (GNNs) tailored to specific downstream graph learning tasks. However, existing GNAS approaches often require manual adaptation to new graph search spaces, necessitating substantial code optimization and domain-specific knowledge. To address this challenge, we present LLM4GNAS, a toolkit for GNAS that leverages the generative capabilities of Large Language Models (LLMs). LLM4GNAS includes an algorithm library for graph neural architecture search algorithms based on LLMs, enabling the adaptation of GNAS methods to new search spaces through the modification of LLM prompts. This approach reduces the need for manual intervention in algorithm adaptation and code modification. The LLM4GNAS toolkit is extensible and robust, incorporating LLM-enhanced graph feature engineering, LLM-enhanced graph neural architecture search, and LLM-enhanced hyperparameter optimization. Experimental results indicate that LLM4GNAS outperforms existing GNAS methods on tasks involving both homogeneous and heterogeneous graphs.