Large language models (LLMs) fine-tuned on multimodal financial data have demonstrated impressive reasoning capabilities in various financial tasks. However, they often struggle with multi-step, goal-oriented scenarios in interactive financial markets, such as trading, where complex agentic approaches are required to improve decision-making. To address this, we propose \textsc{FLAG-Trader}, a unified architecture integrating linguistic processing (via LLMs) with gradient-driven reinforcement learning (RL) policy optimization, in which a partially fine-tuned LLM acts as the policy network, leveraging pre-trained knowledge while adapting to the financial domain through parameter-efficient fine-tuning. Through policy gradient optimization driven by trading rewards, our framework not only enhances LLM performance in trading but also improves results on other financial-domain tasks. We present extensive empirical evidence to validate these enhancements.

The efficient processing of long context poses a serious challenge for large language models (LLMs). Recently, retrieval-augmented generation (RAG) has emerged as a promising strategy for this problem, as it enables LLMs to make selective use of the long context for efficient computation. However, existing RAG approaches lag behind other long-context processing methods due to inherent limitations on inaccurate retrieval and fragmented contexts. To address these challenges, we introduce RetroLM, a novel RAG framework for long-context processing. Unlike traditional methods, RetroLM employs KV-level retrieval augmentation, where it partitions the LLM's KV cache into contiguous pages and retrieves the most crucial ones for efficient computation. This approach enhances robustness to retrieval inaccuracy, facilitates effective utilization of fragmented contexts, and saves the cost from repeated computation. Building on this framework, we further develop a specialized retriever for precise retrieval of critical pages and conduct unsupervised post-training to optimize the model's ability to leverage retrieved information. We conduct comprehensive evaluations with a variety of benchmarks, including LongBench, InfiniteBench, and RULER, where RetroLM significantly outperforms existing long-context LLMs and efficient long-context processing methods, particularly in tasks requiring intensive reasoning or extremely long-context comprehension.

A basic aspiration for interpretability research in large language models is to "localize" semantically meaningful behaviors to particular components within the LLM. There are various heuristics for finding candidate locations within the LLM. Once a candidate localization is found, it can be assessed by editing the internal representations at the corresponding localization and checking whether this induces model behavior that is consistent with the semantic interpretation of the localization. The question we address here is: how strong is the evidence provided by such edits? To assess localization, we want to assess the effect of the optimal intervention at a particular location. The key new technical tool is a way of adapting LLM alignment techniques to find such optimal localized edits. With this tool in hand, we give an example where the edit-based evidence for localization appears strong, but where localization clearly fails. Indeed, we find that optimal edits at random localizations can be as effective as aligning the full model. In aggregate, our results suggest that merely observing that localized edits induce targeted changes in behavior provides little to no evidence that these locations actually encode the target behavior.

The rapid advancement of Large Language Models (LLMs) has revolutionized the generation of emotional support conversations (ESC), offering scalable solutions with reduced costs and enhanced data privacy. This paper explores the role of personas in the creation of ESC by LLMs. Our research utilizes established psychological frameworks to measure and infuse persona traits into LLMs, which then generate dialogues in the emotional support scenario. We conduct extensive evaluations to understand the stability of persona traits in dialogues, examining shifts in traits post-generation and their impact on dialogue quality and strategy distribution. Experimental results reveal several notable findings: 1) LLMs can infer core persona traits, 2) subtle shifts in emotionality and extraversion occur, influencing the dialogue dynamics, and 3) the application of persona traits modifies the distribution of emotional support strategies, enhancing the relevance and empathetic quality of the responses. These findings highlight the potential of persona-driven LLMs in crafting more personalized, empathetic, and effective emotional support dialogues, which has significant implications for the future design of AI-driven emotional support systems.

With the rapid advancements in multi-modal large language models (MLLMs), connectors play a pivotal role in bridging diverse modalities and enhancing model performance. However, the design and evolution of connectors have not been comprehensively analyzed, leaving gaps in understanding how these components function and hindering the development of more powerful connectors. In this survey, we systematically review the current progress of connectors in MLLMs and present a structured taxonomy that categorizes connectors into atomic operations (mapping, compression, mixture of experts) and holistic designs (multi-layer, multi-encoder, multi-modal scenarios), highlighting their technical contributions and advancements. Furthermore, we discuss several promising research frontiers and challenges, including high-resolution input, dynamic compression, guide information selection, combination strategy, and interpretability. This survey is intended to serve as a foundational reference and a clear roadmap for researchers, providing valuable insights into the design and optimization of next-generation connectors to enhance the performance and adaptability of MLLMs.

Human preference plays a significant role in measuring large language models and guiding them to align with human values. Unfortunately, current comparing-based evaluation (CBE) methods typically focus on a single optimization objective, failing to effectively utilize scarce yet valuable preference signals. To address this, we delve into key factors that can enhance the accuracy, convergence, and scalability of CBE: suppressing sampling bias, balancing descending process of uncertainty, and mitigating updating uncertainty. Following the derived guidelines, we propose UniCBE, a unified uniformity-driven CBE framework which simultaneously optimize these core objectives by constructing and integrating three decoupled sampling probability matrices, each designed to ensure uniformity in specific aspects. We further ablate the optimal tuple sampling and preference aggregation strategies to achieve efficient CBE. On the AlpacaEval benchmark, UniCBE saves over 17% of evaluation budgets while achieving a Pearson correlation with ground truth exceeding 0.995, demonstrating excellent accuracy and convergence. In scenarios where new models are continuously introduced, UniCBE can even save over 50% of evaluation costs, highlighting its improved scalability.

Text simplification is crucial for improving accessibility and comprehension for English as a Second Language (ESL) learners. This study goes a step further and aims to facilitate ESL learners' language acquisition by simplification. Specifically, we propose simplifying complex sentences to appropriate levels for learners while also increasing vocabulary coverage of the target level in the simplifications. We achieve this without a parallel corpus by conducting reinforcement learning on a large language model. Our method employs token-level and sentence-level rewards, and iteratively trains the model on its self-generated outputs to guide the model to search for simplification hypotheses that satisfy the target attributes. Experiment results on CEFR-SP and TurkCorpus datasets show that the proposed method can effectively increase the frequency and diversity of vocabulary of the target level by more than $20\%$ compared to baseline models, while maintaining high simplification quality.

The burgeoning computational demands for training large language models (LLMs) necessitate efficient methods, including quantized training, which leverages low-bit arithmetic operations to reduce costs. While FP8 precision has shown potential, leveraging FP4 remains challenging due to inherent quantization errors and limited representation capability. Based on the Transformer architecture, we present an FP4 training scheme for LLMs, overcoming these obstacles through mixed-precision quantization strategies tailed for different modules and training stages. This allows us to apply the precision level suitable to distinct components within the model, ensuring that multi-head attention and linear layers are handled appropriately. Our pretraining recipe ensures stability in backpropagation by incorporating fine-grained quantization methods with a target precision training schedule. Experimental results demonstrate that our FP4 training scheme achieves accuracy comparable to BF16 and FP8, with smaller theoretical computational cost. With the advent of next-generation hardware supporting FP4, our method sets the foundation for efficient ultra-low precision training.

Large Language Models (LLMs) have demonstrated remarkable capabilities in various tasks, yet code generation remains a major challenge. Current approaches for obtaining high-quality code data primarily focus on (i) collecting large-scale pre-training data and (ii) synthesizing instruction data through prompt engineering with powerful models. While pre-training data faces quality consistency issues, instruction-based synthesis suffers from limited instruction diversity and inherent biases of LLMs. To address this gap, we introduce UnitCoder, a systematic pipeline leveraging model-generated unit tests to both guide and validate the code generation process. Combined with large-scale package-based retrieval from pre-training corpus, we generate a dataset of 500K+ verifiable programs containing diverse API calls. Evaluations on multiple Python benchmarks (BigCodeBench, HumanEval, MBPP) demonstrate that models fine-tuned on our synthetic data exhibit consistent performance improvements. Notably, Llama3.1-8B and InternLM2.5-7B improve from 31\% and 28\% to 40\% and 39\% success rates on BigCodeBench, respectively. Our work presents a scalable approach that leverages model-generated unit tests to guide the synthesis of high-quality code data from pre-training corpora, demonstrating the potential for producing diverse and high-quality post-training data at scale. All code and data will be released (https://github.com).

Training Large Language Models (LLMs) with synthetic data is a prevalent practice in code generation. A key approach is self-training, where LLMs are iteratively trained on self-generated correct code snippets. In this case, the self-generated codes are drawn from a conditional distribution, conditioned on a specific seed description. However, the seed description is not the only valid representation that aligns with its intended meaning. With all valid descriptions and codes forming a joint space, codes drawn from the conditional distribution would lead to an underrepresentation of the full description-code space. As such, we propose Gibbs Fine-Tuning (GiFT), a novel self-training method inspired by Gibbs sampling. GiFT allows self-generated data to be drawn from the marginal distribution of the joint space, thereby mitigating the biases inherent in conditional sampling. We provide a theoretical analysis demonstrating the potential benefits of fine-tuning LLMs with code derived from the marginal distribution. Furthermore, we propose a perplexity-based code selection method to mitigate the imbalanced long-tail distribution of the self-generated codes. Empirical evaluation of two LLMs across four datasets demonstrates that GiFT achieves superior performance, particularly on more challenging benchmarks.