Large Language Models (LLMs) have demonstrated notable capabilities across financial tasks, including financial report summarization, earnings call transcript analysis, and asset classification. However, their real-world effectiveness in managing complex fund investment remains inadequately assessed. A fundamental limitation of existing benchmarks for evaluating LLM-driven trading strategies is their reliance on historical back-testing, inadvertently enabling LLMs to "time travel" - leveraging future information embedded in their training corpora, thus resulting in possible information leakage and overly optimistic performance estimates. To address this issue, we introduce DeepFund, a live fund benchmark tool designed to rigorously evaluate LLM in real-time market conditions. Utilizing a multi-agent architecture, DeepFund connects directly with real-time stock market data - specifically data published after each model's pretraining cutoff - to ensure fair and leakage-free evaluations. Empirical tests on nine flagship LLMs from leading global institutions across multiple investment dimensions--including ticker-level analysis, investment decision-making, portfolio management, and risk control--reveal significant practical challenges.

Understanding and synthesizing realistic 3D hand-object interactions (HOI) is critical for applications ranging from immersive AR/VR to dexterous robotics. Existing methods struggle with generalization, performing well on closed-set objects and predefined tasks but failing to handle unseen objects or open-vocabulary instructions. We introduce OpenHOI, the first framework for open-world HOI synthesis, capable of generating long-horizon manipulation sequences for novel objects guided by free-form language commands. Our approach integrates a 3DMultimodal Large Language Model (MLLM) fine-tuned for joint affordance grounding and semantic task decomposition, enabling precise localization of interaction regions (e.g., handles, buttons) and breakdown of complex instructions (e.g., "Find a water bottle and take a sip") into executable sub-tasks. To synthesize physically plausible interactions, we propose an affordance-driven diffusion model paired with a training-free physics refinement stage that minimizes penetration and optimizes affordance alignment. Evaluations across diverse scenarios demonstrate OpenHOI's superiority over state-of-the-art methods in generalizing to novel object categories, multi-stage tasks, and complex language instructions.

Medical time-series data play a vital role in disease diagnosis but suffer from limited labeled samples and single-center bias, which hinder model generalization and lead to overfitting. To address these challenges, we propose DAAC (Discrepancy-Aware Adaptive Contrastive learning), a learnable multi-view contrastive framework that integrates external normal samples and enhances feature learning through adaptive contrastive strategies. DAAC consists of two key modules: (1) a Discrepancy Estimator, built upon a GAN-enhanced encoder-decoder architecture, captures the distribution of normal data and computes reconstruction errors as indicators of abnormality. These discrepancy features augment the target dataset to mitigate overfitting.

Time series forecasting is a critical and complex task, characterized by diverse temporal patterns, varying statistical properties, and different prediction horizons across datasets and domains. Conventional approaches typically rely on a single, unified model architecture to handle all forecasting scenarios. However, such monolithic models struggle to generalize across dynamically evolving time series with shifting patterns. In reality, different types of time series may require distinct modeling strategies. Some benefit from homogeneous multi-scale forecasting awareness, while others rely on more complex and heterogeneous signal perception. Relying on a single model to capture all temporal diversity and structural variations leads to limited performance and poor interpretability. To address this challenge, we propose a Multi-Agent Forecasting System (MAFS) that abandons the one-sizefits-all paradigm. MAFS decomposes the forecasting task into multiple sub-tasks, each handled by a dedicated agent trained on specific temporal perspectives (e.g., different forecasting resolutions or signal characteristics). Furthermore, to achieve holistic forecasting, agents share and refine information through different communication topology, enabling cooperative reasoning across different temporal views.

Large Language Models (LLMs) deployed in real-world settings increasingly face the need to unlearn sensitive, outdated, or proprietary information. Existing unlearning methods typically formulate forgetting and retention as a regularized trade-off, combining both objectives into a single scalarized loss. This often leads to unstable optimization and degraded performance on retained data, especially under aggressive forgetting. We propose a new formulation of LLM unlearning as a constrained optimization problem: forgetting is enforced via a novel logit-margin flattening loss that explicitly drives the output distribution toward uniformity on a designated forget set, while retention is preserved through a hard constraint on a separate retain set. Compared to entropy-based objectives, our loss is softmaxfree, numerically stable, and maintains non-vanishing gradients, enabling more efficient and robust optimization. We solve the constrained problem using a scalable primal-dual algorithm that exposes the trade-off between forgetting and retention through the dynamics of the dual variable, all without any extra computational overhead. Evaluations on the TOFU and MUSE benchmarks across diverse LLM architectures demonstrate that our approach consistently matches or exceeds stateof-the-art baselines, effectively removing targeted information while preserving downstream utility.

Large Language Models (LLMs) have demonstrated outstanding performance in mathematical reasoning capabilities. However, we argue that current largescale reasoning models primarily rely on scaling up training datasets with diverse mathematical problems and long thinking chains, which raises questions about whether LLMs genuinely acquire mathematical concepts and reasoning principles or merely remember the training data. In contrast, humans tend to break down complex problems into multiple fundamental atomic capabilities. Inspired by this, we propose a new paradigm for evaluating mathematical atomic capabilities.

While visual autoregressive modeling (VAR) strategies have shed light on image generation with the autoregressive models, their potential for segmentation, a task that requires precise low-level spatial perception, remains unexplored. Inspired by the multi-scale modeling of classic Mask2Former-based models, we propose SegVAR, a novel framework that rethinks segmentation as a conditional autoregressive mask generation problem. This is achieved by replacing the discriminative learning with the latent learning process. Specifically, our method incorporates three core components: (1) an image encoder generating latent priors from input images, (2) a spatial-aware seglat (a latent expression of segmentation mask) encoder that maps segmentation masks into discrete latent tokens using a location-sensitive color mapping to distinguish instances, and (3) a decoder reconstructing masks from these latents. A multi-stage training strategy is introduced: first learning seglat representations via image-seglat joint training, then refining latent transformations, and finally aligning image-encoder-derived latents with seglat distributions. Experiments show Seg-VAR outperforms previous discriminative and generative methods on various segmentation tasks and validation benchmarks. By framing segmentation as a sequential hierarchical prediction task, Seg-VAR opens new avenues for integrating autoregressive reasoning into spatial-aware vision systems.

We introduce FLEXOLMO, a new class of language models (LMs) that supports (1) distributed training without data sharing, where different model parameters are independently trained on closed datasets, and (2) data-flexible inference, where these parameters along with their associated data can be flexibly included or excluded from model inferences with no further training. FLEXOLMO employs a mixture-of-experts (MoE) architecture where each expert is trained independently on closed datasets and later integrated through a new domain-informed routing without any joint training. FLEXOLMO is trained on FLEXMIX, a corpus we curate comprising publicly available datasets alongside seven domain-specific sets, representing realistic approximations of closed sets. We evaluate models with up to 37 billion parameters (20 billion active) on 31 diverse downstream tasks. We show that a general expert trained on public data can be effectively combined with independently trained experts from other data owners, leading to an average 41% relative improvement while allowing users to opt out of certain data based on data licensing or permission requirements. Our approach also outperforms prior model merging methods by 10.1% on average and surpasses the standard MoE trained without data restrictions using the same training FLOPs. Altogether, this research presents a solution for both data owners and researchers in regulated industries with sensitive or protected data. FLEXOLMO enables benefiting from closed data while respecting data owners' preferences by keeping their data local and supporting fine-grained control of data access during inference.

Post-training plays a crucial role in refining and aligning large language models to meet specific tasks and human preferences. While recent advancements in posttraining techniques, such as Group Relative Policy Optimization (GRPO), leverage increased sampling with relative reward scoring to achieve superior performance, these methods often suffer from training instability that limits their practical adoption.

Gradient-based algorithms are a cornerstone of artificial neural network training, yet it remains unclear whether biological neural networks use similar gradientbased strategies during learning. Experiments often discover a diversity of synaptic plasticity rules, but whether these amount to an approximation to gradient descent is unclear. Here we investigate a previously overlooked possibility: that learning dynamics may include fundamentally non-gradient "curl"-like components while still being able to effectively optimize a loss function. Curl terms naturally emerge in networks with inhibitory-excitatory connectivity or Hebbian/anti-Hebbian plasticity, resulting in learning dynamics that cannot be framed as gradient descent on any objective. To investigate the impact of these curl terms, we analyze feedforward networks within an analytically tractable student-teacher framework, systematically introducing non-gradient dynamics through neurons exhibiting rule-flipped plasticity.