Partial differential equation (PDE) solvers underpin modern quantitative finance, governing option pricing and risk evaluation. Physics-Informed Neural Networks (PINNs) have emerged as a promising approach for solving the forward and inverse problems of partial differential equations (PDEs) using deep learning. However they remain computationally expensive due to their iterative gradient descent based optimization and scale poorly with increasing model size. This paper introduces Physics-Informed Extreme Learning Machines (PIELMs) as fast alternative to PINNs for solving both forward and inverse problems in financial PDEs. PIELMs replace iterative optimization with a single least-squares solve, enabling deterministic and efficient training. We benchmark PIELM on the Black-Scholes and Heston-Hull-White models for forward pricing and demonstrate its capability in inverse model calibration to recover volatility and interest rate parameters from noisy data. From experiments we observe that PIELM achieve accuracy comparable to PINNs while being up to $30\times$ faster, highlighting their potential for real-time financial modeling.

Physics-informed machine learning has been a promising data-driven and physics-informed approach in geotechnical engineering. This study proposes a physics-informed extreme learning machine (PIELM) framework for analyzing tunneling-induced soil-pile interactions. The pile foundation is modeled as an Euler-Bernoulli beam, and the surrounding soil is modeled as a Pasternak foundation. The soil-pile interaction is formulated into a fourth-order ordinary differential equation (ODE) that constitutes the physics-informed component, while measured data are incorporated into PIELM as the data-driven component. Combining physics and data yields a loss vector of the extreme learning machine (ELM) network, which is trained within 1 second by the least squares method. After validating the PIELM approach by the boundary element method (BEM) and finite difference method (FDM), parametric studies are carried out to examine the effects of ELM network architecture, data monitoring locations and numbers on the performance of PIELM. The results indicate that monitored data should be placed at positions where the gradients of pile deflections are significant, such as at the pile tip/top and near tunneling zones. Two application examples highlight the critical role of physics-informed and data-driven approach for tunnelling-induced soil-pile interactions. The proposed approach shows great potential for real-time monitoring and safety assessment of pile foundations, and benefits for intelligent early-warning systems in geotechnical engineering.

Accuracy and efficiency of the conventional physics-informed neural network (PINN) need to be improved before it can be a competitive alternative for soil consolidation analyses. This paper aims to overcome these limitations by proposing a highly accurate and efficient physics-informed machine learning (PIML) approach, termed time-stepping physics-informed extreme learning machine (TS-PIELM). In the TS-PIELM framework the consolidation process is divided into numerous time intervals, which helps overcome the limitation of PIELM in solving differential equations with sharp gradients. To accelerate network training, the solution is approximated by a single-layer feedforward extreme learning machine (ELM), rather than using a fully connected neural network in PINN. The input layer weights of the ELM network are generated randomly and fixed during the training process. Subsequently, the output layer weights are directly computed by solving a system of linear equations, which significantly enhances the training efficiency compared to the time-consuming gradient descent method in PINN. Finally, the superior performance of TS-PIELM is demonstrated by solving three typical Terzaghi consolidation problems. Compared to PINN, results show that the computational efficiency and accuracy of the novel TS-PIELM framework are improved by more than 1000 times and 100 times for one-dimensional cases, respectively. This paper provides compelling evidence that PIML can be a powerful tool for computational geotechnics.

This paper presents two novel, physics-informed extreme learning machine (PIELM)-based algorithms for solving steady and unsteady nonlinear partial differential equations (PDEs) related to fluid flow. Although single-hidden-layer PIELMs outperform deep physics-informed neural networks (PINNs) in speed and accuracy for linear and quasilinear PDEs, their extension to nonlinear problems remains challenging. To address this, we introduce a curriculum learning strategy that reformulates nonlinear PDEs as a sequence of increasingly complex quasilinear PDEs. Additionally, our approach enables a physically interpretable initialization of network parameters by leveraging Radial Basis Functions (RBFs). The performance of the proposed algorithms is validated on two benchmark incompressible flow problems: the viscous Burgers equation and lid-driven cavity flow. To the best of our knowledge, this is the first work to extend PIELM to solving Burgers' shock solution as well as lid-driven cavity flow up to a Reynolds number of 100. As a practical application, we employ PIELM to predict blood flow in a stenotic vessel. The results confirm that PIELM efficiently handles nonlinear PDEs, positioning it as a promising alternative to PINNs for both linear and nonlinear PDEs.

There has been rapid progress recently on the application of deep networks to the solution of partial differential equations, collectively labelled as Physics Informed Neural Networks (PINNs). In this paper, we develop Physics Informed Extreme Learning Machine (PIELM), a rapid version of PINNs which can be applied to stationary and time dependent linear partial differential equations. We demonstrate that PIELM matches or exceeds the accuracy of PINNs on a range of problems. We also discuss the limitations of neural network based approaches, including our PIELM, in the solution of PDEs on large domains and suggest an extension, a distributed version of our algorithm -{}- DPIELM. We show that DPIELM produces excellent results comparable to conventional numerical techniques in the solution of time-dependent problems. Collectively, this work contributes towards making the use of neural networks in the solution of partial differential equations in complex domains as a competitive alternative to conventional discretization techniques.