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 3D Multimodal 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.

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 softmax-free, 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 state-of-the-art baselines, effectively removing targeted information while preserving downstream utility.

Collecting ground-truth rewards or human demonstrations for multi-step reasoning tasks is often prohibitively expensive, especially in interactive domains such as web tasks. We introduce Self-Taught Lookahead (STL), a reward-free framework that improves language model-based value functions by reasoning explicitly about state transitions. STL can be viewed as a chain-of-thought analogue of the value iteration algorithm: instead of regressing directly on numeric values, a value LLM is trained to simulate a step of lookahead in natural language--predicting the next action, resulting state, and rationale for its value. This process refines value estimates without any labeled data. The self-supervised procedure yields more accurate state-value predictions, which in turn enable lightweight search algorithms to expand fewer states while maintaining strong performance. Empirically, STL-trained value models built on moderately sized (8B-parameter) open-weight LLMs boost web agent success rates by over 39%, achieving performance comparable to proprietary models.

Large Language Models (LLMs) have demonstrated outstanding performance in mathematical reasoning capabilities. However, we argue that current large-scale 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.

Surface electromyography (sEMG) at the wrists could enable natural, keyboard free text entry, yet the state of the art emg2qwerty baseline still misrecognizes 51.8\% of characters zero shot on unseen users and 7.0\% after user specific fine tuning. We trace much of these errors to mismatched cross user signal statistics, fragile reliance on high order feature dependencies, and the absence of architectural inductive biases aligned with the bilateral nature of typing. To address these issues, we introduce three simple modifications: (i) Rolling Time Normalization which adaptively aligns input distributions across users; (ii) Aggressive Channel Masking, which encourages reliance on low order feature combinations more likely to generalize across users; and (iii) a Split and Share encoder that processes each hand independently with weight shared streams to reflect the bilateral symmetry of the neuromuscular system. Combined with a five fold reduction in spectral resolution (33$\rightarrow$6 frequency bands), these components yield a compact Split-and-Share model, SplashNet mini, which uses only the parameters and 0.6 the FLOPs of the baseline while reducing character error rate (CER) to 36.4\% zero shot and 5.9\% after fine tuning. An upscaled variant, SplashNet ( parameters, 1.15 FLOPs of the baseline), further lowers error to 35.7\% and 5.5\%, representing 31\% and 21\% relative improvements in the zero-shot and finetuned settings, respectively. SplashNet therefore establishes a new state-of-the-art without requiring additional data.

Post-training plays a crucial role in refining and aligning large language models to meet specific tasks and human preferences. While recent advancements in post-training 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.

Reward modeling, crucial for aligning large language models (LLMs) with human preferences, is often bottlenecked by the high cost of preference data. Existing textual data synthesis methods are computationally expensive. We propose a novel framework LENS for synthesizing preference data directly in the LLM's latent embedding space. Our method employs a Variational Autoencoder (VAE) to learn a structured latent representation of response embeddings. By performing controlled perturbations in this latent space and decoding back to the embedding space, we efficiently generate diverse, semantically consistent synthetic preference pairs, bypassing costly text generation and annotation. We provide theoretical guarantees that our synthesized pairs approximately preserve original preference ordering and improve reward model generalization. Empirically, our latent-space synthesis significantly outperforms text-based augmentation on standard benchmarks, achieving superior results while being 18 faster in generation and using a 16,000 smaller model. Our work offers a scalable and effective alternative for enhancing reward modeling through efficient data augmentation.

Large language models (LLMs) are increasingly used in sensitive domains, where their ability to infer personal data from seemingly benign text introduces emerging privacy risks. While recent LLM-based anonymization methods help mitigate such risks, they often rely on proprietary models (e.g., GPT-4), raising concerns about cost and the potential exposure of sensitive data to untrusted external systems. To address this, we introduce $\textit{SElf-refining Anonymization with Language model}$ (SEAL), a novel distillation framework for training small language models (SLMs) to perform effective anonymization without relying on external models at inference time. SEAL leverages adversarial interactions between an LLM anonymizer and an inference model to collect trajectories of anonymized texts and inferred attributes, which are then used to distill anonymization and critique capabilities into SLMs through supervised fine-tuning and preference learning. The resulting models learn both to anonymize text and to evaluate their outputs, enabling iterative improvement of anonymization quality via self-refinement. Experiments on SynthPAI, a dataset of synthetic personal profiles and text comments, demonstrate that SLMs trained with SEAL achieve substantial improvements in anonymization capabilities. Notably, 8B models attain a privacy-utility trade-off comparable to that of the GPT-4 anonymizer and, with self-refinement, even surpass it in terms of privacy protection.

While LLM/VLM-powered AI agents have advanced rapidly in math, coding, and computer use, their applications in complex physical and social environments remain challenging. Building agents that can survive and thrive in the real world (e.g., by autonomously earning income) requires massive-scale interaction, reasoning, training, and evaluation across diverse scenarios. However, existing world simulators for such development fall short: they often rely on limited hand-crafted environments, simulate simplified game-like physics and social rules, and lack native support for LLM/VLM agents. We introduce SimWorld, a new simulator built on Unreal Engine 5, designed for developing and evaluating LLM/VLM agents in rich, real-world-like settings. SimWorld offers three core capabilities: (1) realistic, open-ended world simulation, including accurate physical and social dynamics and language-driven procedural environment generation; (2) rich interface for LLM/VLM agents, with multi-modal world inputs/feedback and open-vocabulary action outputs at varying levels of abstraction; and (3) diverse physical and social reasoning scenarios that are easily customizable by users. We demonstrate SimWorld by deploying frontier LLM agents (e.g., Gemini-2.5-Flash,