Agents
Context Engineering 2.0: The Context of Context Engineering
Hua, Qishuo, Ye, Lyumanshan, Fu, Dayuan, Xiao, Yang, Cai, Xiaojie, Wu, Yunze, Lin, Jifan, Wang, Junfei, Liu, Pengfei
Karl Marx once wrote that ``the human essence is the ensemble of social relations'', suggesting that individuals are not isolated entities but are fundamentally shaped by their interactions with other entities, within which contexts play a constitutive and essential role. With the advent of computers and artificial intelligence, these contexts are no longer limited to purely human--human interactions: human--machine interactions are included as well. Then a central question emerges: How can machines better understand our situations and purposes? To address this challenge, researchers have recently introduced the concept of context engineering. Although it is often regarded as a recent innovation of the agent era, we argue that related practices can be traced back more than twenty years. Since the early 1990s, the field has evolved through distinct historical phases, each shaped by the intelligence level of machines: from early human--computer interaction frameworks built around primitive computers, to today's human--agent interaction paradigms driven by intelligent agents, and potentially to human--level or superhuman intelligence in the future. In this paper, we situate context engineering, provide a systematic definition, outline its historical and conceptual landscape, and examine key design considerations for practice. By addressing these questions, we aim to offer a conceptual foundation for context engineering and sketch its promising future. This paper is a stepping stone for a broader community effort toward systematic context engineering in AI systems.
A Pragmatic View of AI Personhood
Leibo, Joel Z., Vezhnevets, Alexander Sasha, Cunningham, William A., Bileschi, Stanley M.
The emergence of agentic Artificial Intelligence (AI) is set to trigger a "Cambrian explosion" of new kinds of personhood. This paper proposes a pragmatic framework for navigating this diversification by treating personhood not as a metaphysical property to be discovered, but as a flexible bundle of obligations (rights and responsibilities) that societies confer upon entities for a variety of reasons, especially to solve concrete governance problems. We argue that this traditional bundle can be unbundled, creating bespoke solutions for different contexts. This will allow for the creation of practical tools -- such as facilitating AI contracting by creating a target "individual" that can be sanctioned -- without needing to resolve intractable debates about an AI's consciousness or rationality. We explore how individuals fit in to social roles and discuss the use of decentralized digital identity technology, examining both "personhood as a problem", where design choices can create "dark patterns" that exploit human social heuristics, and "personhood as a solution", where conferring a bundle of obligations is necessary to ensure accountability or prevent conflict. By rejecting foundationalist quests for a single, essential definition of personhood, this paper offers a more pragmatic and flexible way to think about integrating AI agents into our society.
Linking Heterogeneous Data with Coordinated Agent Flows for Social Media Analysis
Chen, Shifu, Deng, Dazhen, Xu, Zhihong, Xu, Sijia, Peng, Tai-Quan, Wu, Yingcai
Social media platforms generate massive volumes of heterogeneous data, capturing user behaviors, textual content, temporal dynamics, and network structures. Analyzing such data is crucial for understanding phenomena such as opinion dynamics, community formation, and information diffusion. However, discovering insights from this complex landscape is exploratory, conceptually challenging, and requires expertise in social media mining and visualization. Existing automated approaches, though increasingly leveraging large language models (LLMs), remain largely confined to structured tabular data and cannot adequately address the heterogeneity of social media analysis. We present SIA (Social Insight Agents), an LLM agent system that links heterogeneous multi-modal data -- including raw inputs (e.g., text, network, and behavioral data), intermediate outputs, mined analytical results, and visualization artifacts -- through coordinated agent flows. Guided by a bottom-up taxonomy that connects insight types with suitable mining and visualization techniques, SIA enables agents to plan and execute coherent analysis strategies. To ensure multi-modal integration, it incorporates a data coordinator that unifies tabular, textual, and network data into a consistent flow. Its interactive interface provides a transparent workflow where users can trace, validate, and refine the agent's reasoning, supporting both adaptability and trustworthiness. Through expert-centered case studies and quantitative evaluation, we show that SIA effectively discovers diverse and meaningful insights from social media while supporting human-agent collaboration in complex analytical tasks.
Learning to Manage Investment Portfolios beyond Simple Utility Functions
Scholl, Maarten P., Mahfouz, Mahmoud, Calinescu, Anisoara, Farmer, J. Doyne
While investment funds publicly disclose their objectives in broad terms, their managers optimize for complex combinations of competing goals that go beyond simple risk-return trade-offs. Traditional approaches attempt to model this through multi-objective utility functions, but face fundamental challenges in specification and parameterization. We propose a generative framework that learns latent representations of fund manager strategies without requiring explicit utility specification. Our approach directly models the conditional probability of a fund's portfolio weights, given stock characteristics, historical returns, previous weights, and a latent variable representing the fund's strategy. Unlike methods based on reinforcement learning or imitation learning, which require specified rewards or labeled expert objectives, our GAN-based architecture learns directly from the joint distribution of observed holdings and market data. We validate our framework on a dataset of 1436 U.S. equity mutual funds. The learned representations successfully capture known investment styles, such as "growth" and "value," while also revealing implicit manager objectives. For instance, we find that while many funds exhibit characteristics of Markowitz-like optimization, they do so with heterogeneous realizations for turnover, concentration, and latent factors. To analyze and interpret the end-to-end model, we develop a series of tests that explain the model, and we show that the benchmark's expert labeling are contained in our model's encoding in a linear interpretable way. Our framework provides a data-driven approach for characterizing investment strategies for applications in market simulation, strategy attribution, and regulatory oversight.
The FM Agent
Li, Annan, Wu, Chufan, Ge, Zengle, Chong, Yee Hin, Hou, Zhinan, Cao, Lizhe, Ju, Cheng, Wu, Jianmin, Li, Huaiming, Zhang, Haobo, Feng, Shenghao, Zhao, Mo, Qiu, Fengzhi, Yang, Rui, Zhang, Mengmeng, Zhu, Wenyi, Sun, Yingying, Sun, Quan, Yan, Shunhao, Liu, Danyu, Yin, Dawei, Shen, Dou
Large language models (LLMs) are catalyzing the development of autonomous AI research agents for scientific and engineering discovery. We present FM Agent, a novel and general-purpose multi-agent framework that leverages a synergistic combination of LLM-based reasoning and large-scale evolutionary search to address complex real-world challenges. The core of FM Agent integrates several key innovations: 1) a cold-start initialization phase incorporating expert guidance, 2) a novel evolutionary sampling strategy for iterative optimization, 3) domain-specific evaluators that combine correctness, effectiveness, and LLM-supervised feedback, and 4) a distributed, asynchronous execution infrastructure built on Ray. Demonstrating broad applicability, our system has been evaluated across diverse domains, including operations research, machine learning, GPU kernel optimization, and classical mathematical problems. FM Agent reaches state-of-the-art results autonomously, without human interpretation or tuning -- 1976.3 on ALE-Bench (+5.2\%), 43.56\% on MLE-Bench (+4.0pp), up to 20x speedups on KernelBench, and establishes new state-of-the-art(SOTA) results on several classical mathematical problems. Beyond academic benchmarks, FM Agent shows considerable promise for both large-scale enterprise R\&D workflows and fundamental scientific research, where it can accelerate innovation, automate complex discovery processes, and deliver substantial engineering and scientific advances with broader societal impact.
Multi-Agent Reinforcement Learning for Market Making: Competition without Collusion
Wang, Ziyi, Ventre, Carmine, Polukarov, Maria
Algorithmic collusion has emerged as a central question in AI: Will the interaction between different AI agents deployed in markets lead to collusion? More generally, understanding how emergent behavior, be it a cartel or market dominance from more advanced bots, affects the market overall is an important research question. We propose a hierarchical multi-agent reinforcement learning framework to study algorithmic collusion in market making. The framework includes a self-interested market maker (Agent~A), which is trained in an uncertain environment shaped by an adversary, and three bottom-layer competitors: the self-interested Agent~B1 (whose objective is to maximize its own PnL), the competitive Agent~B2 (whose objective is to minimize the PnL of its opponent), and the hybrid Agent~B$^\star$, which can modulate between the behavior of the other two. To analyze how these agents shape the behavior of each other and affect market outcomes, we propose interaction-level metrics that quantify behavioral asymmetry and system-level dynamics, while providing signals potentially indicative of emergent interaction patterns. Experimental results show that Agent~B2 secures dominant performance in a zero-sum setting against B1, aggressively capturing order flow while tightening average spreads, thus improving market execution efficiency. In contrast, Agent~B$^\star$ exhibits a self-interested inclination when co-existing with other profit-seeking agents, securing dominant market share through adaptive quoting, yet exerting a milder adverse impact on the rewards of Agents~A and B1 compared to B2. These findings suggest that adaptive incentive control supports more sustainable strategic co-existence in heterogeneous agent environments and offers a structured lens for evaluating behavioral design in algorithmic trading systems.
FinOps Agent -- A Use-Case for IT Infrastructure and Cost Optimization
Vo, Ngoc Phuoc An, Kesarwani, Manish, Mahindru, Ruchi, Narayanaswami, Chandrasekhar
FinOps (Finance + Operations) represents an operational framework and cultural practice which maximizes cloud business value through collaborative financial accountability across engineering, finance, and business teams. FinOps practitioners face a fundamental challenge: billing data arrives in heterogeneous formats, taxonomies, and metrics from multiple cloud providers and internal systems which eventually lead to synthesizing actionable insights, and making time-sensitive decisions. To address this challenge, we propose leveraging autonomous, goal-driven AI agents for FinOps automation. In this paper, we built a FinOps agent for a typical use-case for IT infrastructure and cost optimization. We built a system simulating a realistic end-to-end industry process starting with retrieving data from various sources to consolidating and analyzing the data to generate recommendations for optimization. We defined a set of metrics to evaluate our agent using several open-source and close-source language models and it shows that the agent was able to understand, plan, and execute tasks as well as an actual FinOps practitioner.
Identity Management for Agentic AI: The new frontier of authorization, authentication, and security for an AI agent world
South, Tobin, Nagabhushanaradhya, Subramanya, Dissanayaka, Ayesha, Cecchetti, Sarah, Fletcher, George, Lu, Victor, Pietropaolo, Aldo, Saxe, Dean H., Lombardo, Jeff, Shivalingaiah, Abhishek Maligehalli, Bounev, Stan, Keisner, Alex, Kesselman, Andor, Proser, Zack, Fahs, Ginny, Bunyea, Andrew, Moskowitz, Ben, Tulshibagwale, Atul, Greenwood, Dazza, Pei, Jiaxin, Pentland, Alex
The rapid rise of AI agents presents urgent challenges in authentication, authorization, and identity management. Current agent-centric protocols (like MCP) highlight the demand for clarified best practices in authentication and authorization. Looking ahead, ambitions for highly autonomous agents raise complex long-term questions regarding scalable access control, agent-centric identities, AI workload differentiation, and delegated authority. This OpenID Foundation whitepaper is for stakeholders at the intersection of AI agents and access management. It outlines the resources already available for securing today's agents and presents a strategic agenda to address the foundational authentication, authorization, and identity problems pivotal for tomorrow's widespread autonomous systems.
An Agentic Framework for Rapid Deployment of Edge AI Solutions in Industry 5.0
Martinez-Gil, Jorge, Pichler, Mario, Bountouni, Nefeli, Koussouris, Sotiris, Barreiro, Marielena Márquez, Gusmeroli, Sergio
We present a novel framework for Industry 5.0 that simplifies the deployment of AI models on edge devices in various industrial settings. The design reduces latency and avoids external data transfer by enabling local inference and real-time processing. Our implementation is agent-based, which means that individual agents, whether human, algorithmic, or collaborative, are responsible for well-defined tasks, enabling flexibility and simplifying integration. Moreover, our framework supports modular integration and maintains low resource requirements. Preliminary evaluations concerning the food industry in real scenarios indicate improved deployment time and system adaptability performance. The source code is publicly available at https://github.com/
Optimal Information Combining for Multi-Agent Systems Using Adaptive Bias Learning
Alamouti, Siavash M., Arjomandi, Fay
Modern multi-agent systems ranging from sensor networks monitoring critical infrastructure to crowdsourcing platforms aggregating human intelligence can suffer significant performance degradation due to systematic biases that vary with environmental conditions. Current approaches either ignore these biases, leading to suboptimal decisions, or require expensive calibration procedures that are often infeasible in practice. This performance gap has real consequences: inaccurate environmental monitoring, unreliable financial predictions, and flawed aggregation of human judgments. This paper addresses the fundamental question: when can we learn and correct for these unknown biases to recover near-optimal performance, and when is such learning futile? We develop a theoretical framework that decomposes biases into learnable systematic components and irreducible stochastic components, introducing the concept of learnability ratio as the fraction of bias variance predictable from observable covariates. This ratio determines whether bias learning is worthwhile for a given system. We prove that the achievable performance improvement is fundamentally bounded by this learnability ratio, providing system designers with quantitative guidance on when to invest in bias learning versus simpler approaches. We present the Adaptive Bias Learning and Optimal Combining (ABLOC) algorithm, which iteratively learns bias-correcting transformations while optimizing combination weights through closedform solutions, guaranteeing convergence to these theoretical bounds. Experimental validation demonstrates that systems with high learnability ratios can recover significant performance (we achieved 40%-70% of theoretical maximum improvement in our examples), while those with low learnability show minimal benefit, validating our diagnostic criteria for practical deployment decisions.