Statistical arbitrage exploits temporal price differences between similar assets. We develop a framework to jointly identify similar assets through factors, identify mispricing and form a trading policy that maximizes risk-adjusted performance after trading costs. Our Attention Factors are conditional latent factors that are the most useful for arbitrage trading. They are learned from firm characteristic embeddings that allow for complex interactions. We identify time-series signals from the residual portfolios of our factors with a general sequence model. Estimating factors and the arbitrage trading strategy jointly is crucial to maximize profitability after trading costs. In a comprehensive empirical study we show that our Attention Factor model achieves an out-of-sample Sharpe ratio above 4 on the largest U.S. equities over a 24-year period. Our one-step solution yields an unprecedented Sharpe ratio of 2.3 net of transaction costs. We show that weak factors are important for arbitrage trading.

Current neural re-rankers often struggle with complex information needs and long, content-rich documents. The fundamental issue is not computational--it is intelligent content selection: identifying what matters in lengthy, multi-faceted texts. While humans naturally anchor their understanding around key entities and concepts, neural models process text within rigid token windows, treating all interactions as equally important and missing critical semantic signals. We introduce REGENT, a neural re-ranking model that mimics human-like understanding by using entities as a "semantic skeleton" to guide attention. REGENT integrates relevance guidance directly into the attention mechanism, combining fine-grained lexical matching with high-level semantic reasoning. This relevance-guided attention enables the model to focus on conceptually important content while maintaining sensitivity to precise term matches. REGENT achieves new state-of-the-art performance in three challenging datasets, providing up to 108% improvement over BM25 and consistently outperforming strong baselines including ColBERT and RankVicuna. To our knowledge, this is the first work to successfully integrate entity semantics directly into neural attention, establishing a new paradigm for entity-aware information retrieval.

Modern learning systems increasingly rely on amortized learning - the idea of reusing computation or inductive biases shared across tasks to enable rapid generalization to novel problems. This principle spans a range of approaches, including meta-learning, in-context learning, prompt tuning, learned optimizers and more. While motivated by similar goals, these approaches differ in how they encode and leverage task-specific information, often provided as in-context examples. In this work, we propose a unified framework which describes how such methods differ primarily in the aspects of learning they amortize - such as initializations, learned updates, or predictive mappings - and how they incorporate task data at inference. We introduce a taxonomy that categorizes amortized models into parametric, implicit, and explicit regimes, based on whether task adaptation is externalized, internalized, or jointly modeled. Building on this view, we identify a key limitation in current approaches: most methods struggle to scale to large datasets because their capacity to process task data at inference (e.g., context length) is often limited. To address this, we propose iterative amortized inference, a class of models that refine solutions step-by-step over mini-batches, drawing inspiration from stochastic optimization. Our formulation bridges optimization-based meta-learning with forward-pass amortization in models like LLMs, offering a scalable and extensible foundation for general-purpose task adaptation.

Accurate alignment of items to content standards is critical for valid score interpretation in large-scale assessments. This study evaluates three automated paradigms for aligning items with four domain and nineteen skill labels. First, we extracted embeddings and trained multiple classical supervised machine learning models, and further investigated the impact of dimensionality reduction on model performance. The DeBERTa-v3-base achieved the highest weighted-average F1 score of 0.950 for domain alignment while the RoBERTa-large yielded the highest F1 score of 0.869 for skill alignment. Ensemble models did not surpass the best-performing language models. Dimension reduction enhanced linear classifiers based on embeddings but did not perform better than language models. This study demonstrated different methods in automated item alignment to content standards. Introduction In educational assessments, alignment of items to content standards is fundamental to establishing score validity.

Predicting a patient's length of stay (LOS) in the intensive care unit (ICU) is a critical task for hospital resource management, yet remains challenging due to the heterogeneous and irregularly sampled nature of electronic health records (EHRs). In this work, we propose S$^2$G-Net, a novel neural architecture that unifies state-space sequence modeling with multi-view Graph Neural Networks (GNNs) for ICU LOS prediction. The temporal path employs Mamba state-space models (SSMs) to capture patient trajectories, while the graph path leverages an optimized GraphGPS backbone, designed to integrate heterogeneous patient similarity graphs derived from diagnostic, administrative, and semantic features. Experiments on the large-scale MIMIC-IV cohort dataset show that S$^2$G-Net consistently outperforms sequence models (BiLSTM, Mamba, Transformer), graph models (classic GNNs, GraphGPS), and hybrid approaches across all primary metrics. Extensive ablation studies and interpretability analyses highlight the complementary contributions of each component of our architecture and underscore the importance of principled graph construction. These results demonstrate that S$^2$G-Net provides an effective and scalable solution for ICU LOS prediction with multi-modal clinical data. The code can be found at https://github.com/ShuqiZi1/S2G-Net.

Gradients of neural networks encode valuable information for optimization, editing, and analysis of models. Therefore, practitioners often treat gradients as inputs to task-specific algorithms, e.g. for pruning or optimization. Recent works explore learning algorithms that operate directly on gradients but use architectures that are not specifically designed for gradient processing, limiting their applicability. In this paper, we present a principled approach for designing architectures that process gradients. Our approach is guided by three principles: (1) equivariant design that preserves neuron permutation symmetries, (2) processing sets of gradients across multiple data points to capture curvature information, and (3) efficient gradient representation through rank-1 decomposition. Based on these principles, we introduce GradMetaNet, a novel architecture for learning on gradients, constructed from simple equivariant blocks. We prove universality results for GradMetaNet, and show that previous approaches cannot approximate natural gradient-based functions that GradMetaNet can. We then demonstrate GradMetaNet's effectiveness on a diverse set of gradient-based tasks on MLPs and transformers, such as learned optimization, INR editing, and estimating loss landscape curvature.

Diffusion-based generative models are emerging as powerful tools for long-horizon planning in reinforcement learning (RL), particularly with offline datasets. However, their performance is fundamentally limited by the quality and diversity of training data. This often restricts their generalization to tasks outside their training distribution or longer planning horizons. To overcome this challenge, we propose State-Covering Trajectory Stitching (SCoTS), a novel reward-free trajectory augmentation method that incrementally stitches together short trajectory segments, systematically generating diverse and extended trajectories. SCoTS first learns a temporal distance-preserving latent representation that captures the underlying temporal structure of the environment, then iteratively stitches trajectory segments guided by directional exploration and novelty to effectively cover and expand this latent space. We demonstrate that SCoTS significantly improves the performance and generalization capabilities of diffusion planners on offline goal-conditioned benchmarks requiring stitching and long-horizon reasoning. Furthermore, augmented trajectories generated by SCoTS significantly improve the performance of widely used offline goal-conditioned RL algorithms across diverse environments.

Regression models are crucial in recommender systems. However, retransformation bias problem has been conspicuously neglected within the community. While many works in other fields have devised effective bias correction methods, all of them are post-hoc cures externally to the model, facing practical challenges when applied to real-world recommender systems. Hence, we propose a preemptive paradigm to eradicate the bias intrinsically from the models via minor model refinement. Specifically, a novel TranSUN method is proposed with a joint bias learning manner to offer theoretically guaranteed unbiasedness under empirical superior convergence. It is further generalized into a novel generic regression model family, termed Generalized TranSUN (GTS), which not only offers more theoretical insights but also serves as a generic framework for flexibly developing various bias-free models. Comprehensive experimental results demonstrate the superiority of our methods across data from various domains, which have been successfully deployed in two real-world industrial recommendation scenarios, i.e. product and short video recommendation scenarios in Guess What You Like business domain in the homepage of Taobao App (a leading e-commerce platform with DAU > 300M), to serve the major online traffic.

Unlike conventional "black-box" transformers with classical self-attention mechanism, we build a lightweight and interpretable transformer-like neural net by unrolling a mixed-graph-based optimization algorithm to forecast traffic with spatial and temporal dimensions. We construct two graphs: an undirected graph $\mathcal{G}^u$ capturing spatial correlations across geography, and a directed graph $\mathcal{G}^d$ capturing sequential relationships over time. We predict future samples of signal $\mathbf{x}$, assuming it is "smooth" with respect to both $\mathcal{G}^u$ and $\mathcal{G}^d$, where we design new $\ell_2$ and $\ell_1$-norm variational terms to quantify and promote signal smoothness (low-frequency reconstruction) on a directed graph. We design an iterative algorithm based on alternating direction method of multipliers (ADMM), and unroll it into a feed-forward network for data-driven parameter learning. We insert graph learning modules for $\mathcal{G}^u$ and $\mathcal{G}^d$ that play the role of self-attention. Experiments show that our unrolled networks achieve competitive traffic forecast performance as state-of-the-art prediction schemes, while reducing parameter counts drastically. Our code is available in https://github.com/SingularityUndefined/Unrolling-GSP-STForecast .

Discovering and accessing specific content within educational video bases is a challenging task, mainly because of the abundance of video content and its diversity. Recommender systems are often used to enhance the ability to find and select content. But, recommendation mechanisms, especially those based on textual information, exhibit some limitations, such as being error-prone to manually created keywords or due to imprecise speech recognition. This paper presents a method for generating educational video recommendation using deep face-features of lecturers without identifying them. More precisely, we use an unsupervised face clustering mechanism to create relations among the videos based on the lecturer's presence. Then, for a selected educational video taken as a reference, we recommend the ones where the presence of the same lecturers is detected. Moreover, we rank these recommended videos based on the amount of time the referenced lecturers were present. For this task, we achieved a mAP value of 99.165%.