Large Language Models (LLMs) with API-calling capabilities enabled building effective Language Agents (LA), while also revolutionizing the conventional task-oriented dialogue (TOD) paradigm. However, current approaches face a critical dilemma: TOD systems are often trained on a limited set of target APIs, requiring new data to maintain their quality when interfacing with new services, while LAs are not trained to maintain user intent over multi-turn conversations. Because both robust multi-turn management and advanced function calling are crucial for effective conversational agents, we evaluate these skills on three popular benchmarks: MultiWOZ 2.4 (TOD), BFCL V3 (LA), and API-Bank (LA), and our analyses reveal that specialized approaches excel in one domain but underperform in the other. To bridge this chasm, we introduce CoALM (Conversational Agentic Language Model), a unified approach that integrates both conversational and agentic capabilities. We created CoALM-IT, a carefully constructed multi-task dataset that interleave multi-turn ReAct reasoning with complex API usage. Using CoALM-IT, we train three models CoALM 8B, CoALM 70B, and CoALM 405B, which outperform top domain-specific models, including GPT-4o, across all three benchmarks.This demonstrates the feasibility of a single model approach for both TOD and LA, setting a new standard for conversational agents.

This paper reviews the development of the Receptance Weighted Key Value (RWKV) architecture, emphasizing its advancements in efficient language modeling. RWKV combines the training efficiency of Transformers with the inference efficiency of RNNs through a novel linear attention mechanism. We examine its core innovations, adaptations across various domains, and performance advantages over traditional models. The paper also discusses challenges and future directions for RWKV as a versatile architecture in deep learning.