--Fine-tuning foundation models is critical for superior performance on personalized downstream tasks, compared to using pre-trained models. Collaborative learning can leverage local clients' datasets for fine-tuning, but limited client data and heterogeneous data distributions hinder effective collaboration. T o address the challenge, we propose a flexible personalized federated learning paradigm that enables clients to engage in collaborative learning while maintaining personalized objectives. Given the limited and heterogeneous computational resources available on clients, we introduce flexible personalized split federated learning (FlexP-SFL). Based on split learning, FlexP-SFL allows each client to train a portion of the model locally while offloading the rest to a server, according to resource constraints. Additionally, we propose an alignment strategy to improve personalized model performance on global data. Experimental results show that FlexP-SFL outperforms baseline models in personalized fine-tuning efficiency and final accuracy. Foundation models, such as GPT [1], [2] and BERT [3], as well as more recent architectures [4]-[7], are large-scale machine learning models pre-trained on vast and diverse datasets [8]. These models are designed to capture broad and generalizable patterns across multiple domains, enabling strong performance on a wide range of tasks with minimal adaptation.

--This paper investigates the application of large language models (LLMs) to financial tasks. Building on Qwen2.5 and Deepseek-R1, we employed techniques including supervised fine-tuning (SFT), direct preference optimization (DPO), and reinforcement learning (RL) to enhance their financial capabilities. The fine-tuned models demonstrated substantial performance gains across a wide range of financial tasks. Moreover, we measured the data scaling law in the financial domain. Our work demonstrates the potential of large language models (LLMs) in financial applications.

Semi-supervised learning (SSL) has witnessed remarkable progress, resulting in the emergence of numerous method variations. However, practitioners often encounter challenges when attempting to deploy these methods due to their subpar performance. In this paper, we present a novel SSL approach named FineSSL that significantly addresses this limitation by adapting pre-trained foundation models. We identify the aggregated biases and cognitive deviation problems inherent in foundation models, and propose a simple yet effective solution by imposing balanced margin softmax and decoupled label smoothing. Through extensive experiments, we demonstrate that FineSSL sets a new state of the art for SSL on multiple benchmark datasets, reduces the training cost by over six times, and can seamlessly integrate various fine-tuning and modern SSL algorithms. The source code is available at https://github.com/Gank0078/FineSSL.