Industry
Large-Scale Price Optimization via Network Flow
This paper deals with price optimization, which is to find the best pricing strategy that maximizes revenue or profit, on the basis of demand forecasting models. Though recent advances in regression technologies have made it possible to reveal price-demand relationship of a large number of products, most existing price optimization methods, such as mixed integer programming formulation, cannot handle tens or hundreds of products because of their high computational costs. To cope with this problem, this paper proposes a novel approach based on network flow algorithms. We reveal a connection between supermodularity of the revenue and cross elasticity of demand. On the basis of this connection, we propose an efficient algorithm that employs network flow algorithms. The proposed algorithm can handle hundreds or thousands of products, and returns an exact optimal solution under an assumption regarding cross elasticity of demand. Even if the assumption does not hold, the proposed algorithm can efficiently find approximate solutions as good as other state-of-the-art methods, as empirical results show.
Without-Replacement Sampling for Stochastic Gradient Methods Ohad Shamir Department of Computer Science and Applied Mathematics Weizmann Institute of Science Rehovot, Israel ohad.shamir@weizmann.ac.il
Stochastic gradient methods for machine learning and optimization problems are usually analyzed assuming data points are sampled with replacement. In contrast, sampling without replacement is far less understood, yet in practice it is very common, often easier to implement, and usually performs better. In this paper, we provide competitive convergence guarantees for without-replacement sampling under several scenarios, focusing on the natural regime of few passes over the data. Moreover, we describe a useful application of these results in the context of distributed optimization with randomly-partitioned data, yielding a nearly-optimal algorithm for regularized least squares (in terms of both communication complexity and runtime complexity) under broad parameter regimes. Our proof techniques combine ideas from stochastic optimization, adversarial online learning and transductive learning theory, and can potentially be applied to other stochastic optimization and learning problems.
Stochastic Online AUC Maximization
Yiming Ying, Longyin Wen, Siwei Lyu
Area under ROC (AUC) is a metric which is widely used for measuring the classification performance for imbalanced data. It is of theoretical and practical interest to develop online learning algorithms that maximizes AUC for large-scale data. A specific challenge in developing online AUC maximization algorithm is that the learning objective function is usually defined over a pair of training examples of opposite classes, and existing methods achieves on-line processing with higher space and time complexity. In this work, we propose a new stochastic online algorithm for AUC maximization. In particular, we show that AUC optimization can be equivalently formulated as a convex-concave saddle point problem. From this saddle representation, a stochastic online algorithm (SOLAM) is proposed which has time and space complexity of one datum. We establish theoretical convergence of SOLAM with high probability and demonstrate its effectiveness on standard benchmark datasets.
Young Chinese use AI to launch one-person firms over job anxiety
One-person company SoloNest sounder Karen Dai preparing for a coffee chat at a conference room in Shanghai on April 12. | AFP-JIJI Shanghai - Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting one-person companies that have artificial intelligence do most of the work. Smaller startups are already in vogue in Silicon Valley and elsewhere, with rapidly advancing AI tools seen as a welcome teammate even as they threaten layoffs at existing firms. More young people in China are subscribing to the model, as cities pledge millions of dollars in funding and rent subsidies for such ventures, in alignment with Beijing's political goal of technological self-reliance. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.
Pentagon seeks 75 billion for drones in record budget ask
A soldier carries a drone during a military parade in Washington on June 14, 2025. The Pentagon's largest-ever budget request earmarks $75 billion for drones and technologies to counter them, mainly for a massive increase for a little-known office working with U.S. commandos to test and evaluate various systems, according to defense officials. The drone-funding proposal includes $54.6 billion for the Defense Autonomous Working Group, or DAWG, from just $225.9 million this year. That would appear to be the largest single year-over-year boost of any defense program or office, meaning it's likely to draw particular congressional and public scrutiny in an already eye-catching $1.5 trillion request that's 42% larger than this year's budget. The big boost for the Pentagon's little-known drone unit comes as the U.S. and Israeli war against Iran illustrates how drones can help level the playing field against even the world's most well-funded armed forces.
A drone delivered her lethal dose of fentanyl in a church parking lot. Now her dealer is going to prison
Things to Do in L.A. Tap to enable a layout that focuses on the article. A drone delivered her lethal dose of fentanyl in a church parking lot. The Drug Enforcement Administration was among agencies involved in the investigation. This is read by an automated voice. Please report any issues or inconsistencies here .
Meta to capture U.S. employee mouse movements and keystrokes to train AI
Meta to capture U.S. employee mouse movements and keystrokes to train AI NEW YORK - Meta is installing new tracking software on U.S.-based employees' computers to capture mouse movements, clicks and keystrokes for use in training its artificial intelligence models, part of a broad initiative to build AI agents that can perform work tasks autonomously, the company told staffers in internal memos. The tool, called Model Capability Initiative (MCI), will run on work-related apps and websites and will also take occasional snapshots of the content on employees' screens, according to one of the memos, posted by a staff AI research scientist on Tuesday in a channel for the company's model-building Meta SuperIntelligence Labs team. The purpose, according to the memo, was to improve the company's AI models in areas where they struggle to replicate how humans interact with computers, like choosing from dropdown menus and using keyboard shortcuts. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.
Strategic Attentive Writer for Learning Macro-Actions
Alexander Vezhnevets, Volodymyr Mnih, Simon Osindero, Alex Graves, Oriol Vinyals, John Agapiou, koray kavukcuoglu
We present a novel deep recurrent neural network architecture that learns to build implicit plans in an end-to-end manner purely by interacting with an environment in reinforcement learning setting. The network builds an internal plan, which is continuously updated upon observation of the next input from the environment. It can also partition this internal representation into contiguous sub-sequences by learning for how long the plan can be committed to - i.e. followed without replaning. Combining these properties, the proposed model, dubbed STRategic Attentive Writer (STRAW) can learn high-level, temporally abstracted macro-actions of varying lengths that are solely learnt from data without any prior information. These macro-actions enable both structured exploration and economic computation. We experimentally demonstrate that STRAW delivers strong improvements on several ATARI games by employing temporally extended planning strategies (e.g.