Autoregressive Transformers rely on Key-Value (KV) caching to accelerate inference. However, the linear growth of the KV cache with context length leads to excessive memory consumption and bandwidth constraints. This bottleneck is particularly problematic in real-time applications -- such as chatbots and interactive assistants -- where low latency and high memory efficiency are critical. Existing methods drop distant tokens or compress states in a lossy manner, sacrificing accuracy by discarding vital context or introducing bias. We propose MorphKV, an inference-time technique that maintains a constant-sized KV cache while preserving accuracy. MorphKV balances long-range dependencies and local coherence during text generation. It eliminates early-token bias while retaining high-fidelity context by adaptively ranking tokens through correlation-aware selection. Unlike heuristic retention or lossy compression, MorphKV iteratively refines the KV cache via lightweight updates guided by attention patterns of recent tokens. This approach captures inter-token correlation with greater accuracy, crucial for tasks like content creation and code generation. Our studies on long-response tasks show 52.9$\%$ memory savings and 18.2$\%$ higher accuracy on average compared to state-of-the-art prior works, enabling efficient real-world deployment.

In the field of Natural Language Processing, there are many tasks that can be tackled effectively using the cross-entropy (CE) loss function. However, the task of dialog generation poses unique challenges for CE loss. This is because CE loss assumes that, for any given input, the only possible output is the one available as the ground truth in the training dataset. But, in dialog generation, there can be multiple valid responses (for a given context) that not only have different surface forms but can also be semantically different. Furthermore, CE loss computation for the dialog generation task does not take the input context into consideration and, hence, it grades the response irrespective of the context. To grade the generated response for qualities like relevance, engagingness, etc., the loss function should depend on both the context and the generated response. To address these limitations, this paper proposes CORAL, a novel loss function based on a reinforcement learning (RL) view of the dialog generation task with a reward function that estimates human preference for generated responses while considering both the context and the response. Furthermore, to overcome challenges such as high sample complexity of RL training and a large action space, we propose a mix-policy training algorithm. Notably, using CORAL we can train dialog generation models without assuming the ground-truth as the only correct response. Extensive comparisons on benchmark datasets demonstrate that CORAL based models outperform strong state-of-the-art baseline models of different sizes.