FinMME: Benchmark Dataset for Financial Multi-Modal Reasoning Evaluation

Multimodal Large Language Models (MLLMs) have experienced rapid development in recent years. However, in the financial domain, there is a notable lack of effective and specialized multimodal evaluation datasets. To advance the development of MLLMs in the finance domain, we introduce FinMME, encompassing more than 11,000 high-quality financial research samples across 18 financial domains and 6 asset classes, featuring 10 major chart types and 21 subtypes. We ensure data quality through 20 annotators and carefully designed validation mechanisms. Additionally, we develop FinScore, an evaluation system incorporating hallucination penalties and multi-dimensional capability assessment to provide an unbiased evaluation. Extensive experimental results demonstrate that even state-of-the-art models like GPT-4o exhibit unsatisfactory performance on FinMME, highlighting its challenging nature. The benchmark exhibits high robustness with prediction variations under different prompts remaining below 1%, demonstrating superior reliability compared to existing datasets. Our dataset and evaluation protocol are available at https://huggingface.co/datasets/luojunyu/FinMME and https://github.com/luo-junyu/FinMME.

Cross-Domain Diffusion with Progressive Alignment for Efficient Adaptive Retrieval

Unsupervised efficient domain adaptive retrieval aims to transfer knowledge from a labeled source domain to an unlabeled target domain, while maintaining low storage cost and high retrieval efficiency. However, existing methods typically fail to address potential noise in the target domain, and directly align high-level features across domains, thus resulting in suboptimal retrieval performance. To address these challenges, we propose a novel Cross-Domain Diffusion with Progressive Alignment method (COUPLE). This approach revisits unsupervised efficient domain adaptive retrieval from a graph diffusion perspective, simulating cross-domain adaptation dynamics to achieve a stable target domain adaptation process. First, we construct a cross-domain relationship graph and leverage noise-robust graph flow diffusion to simulate the transfer dynamics from the source domain to the target domain, identifying lower noise clusters. We then leverage the graph diffusion results for discriminative hash code learning, effectively learning from the target domain while reducing the negative impact of noise. Furthermore, we employ a hierarchical Mixup operation for progressive domain alignment, which is performed along the cross-domain random walk paths. Utilizing target domain discriminative hash learning and progressive domain alignment, COUPLE enables effective domain adaptive hash learning. Extensive experiments demonstrate COUPLE's effectiveness on competitive benchmarks.

MASS: Multi-Agent Simulation Scaling for Portfolio Construction

LLM-based multi-agent has gained significant attention for their potential in simulation and enhancing performance. However, existing works are limited to pure simulations or are constrained by predefined workflows, restricting their applicability and effectiveness. In this paper, we introduce the Multi-Agent Scaling Simulation (MASS) for portfolio construction. MASS achieves stable and continuous excess returns by progressively increasing the number of agents for large-scale simulations to gain a superior understanding of the market and optimizing agent distribution end-to-end through a reverse optimization process, rather than relying on a fixed workflow. We demonstrate its superiority through performance experiments, ablation studies, backtesting experiments, experiments on updated data and stock pools, scaling experiments, parameter sensitivity experiments, and visualization experiments, conducted in comparison with 6 state-of-the-art baselines on 3 challenging A-share stock pools. We expect the paradigm established by MASS to expand to other tasks with similar characteristics. The implementation of MASS has been open-sourced at https://github.com/gta0804/MASS.

Large Language Model Agent: A Survey on Methodology, Applications and Challenges

The era of intelligent agents is upon us, driven by revolutionary advancements in large language models. Large Language Model (LLM) agents, with goal-driven behaviors and dynamic adaptation capabilities, potentially represent a critical pathway toward artificial general intelligence. This survey systematically deconstructs LLM agent systems through a methodology-centered taxonomy, linking architectural foundations, collaboration mechanisms, and evolutionary pathways. We unify fragmented research threads by revealing fundamental connections between agent design principles and their emergent behaviors in complex environments. Our work provides a unified architectural perspective, examining how agents are constructed, how they collaborate, and how they evolve over time, while also addressing evaluation methodologies, tool applications, practical challenges, and diverse application domains. By surveying the latest developments in this rapidly evolving field, we offer researchers a structured taxonomy for understanding LLM agents and identify promising directions for future research. The collection is available at https://github.com/luo-junyu/Awesome-Agent-Papers.

Attention Bootstrapping for Multi-Modal Test-Time Adaptation

Test-time adaptation aims to adapt a well-trained model to potential distribution shifts at test time using only unlabeled test data, without access to the original training data. While previous efforts mainly focus on a single modality, test-time distribution shift in the multi-modal setting is more complex and calls for new solutions. This paper tackles the problem of multi-modal test-time adaptation by proposing a novel method named Attention Bootstrapping with Principal Entropy Minimization (ABPEM). We observe that test-time distribution shift causes misalignment across modalities, leading to a large gap between intra-modality discrepancies (measured by self-attention) and inter-modality discrepancies (measured by cross-attention). We name this the attention gap. This attention gap widens with more severe distribution shifts, hindering effective modality fusion. To mitigate this attention gap and encourage better modality fusion, we propose attention bootstrapping that promotes cross-attention with the guidance of self-attention. Moreover, to reduce the gradient noise in the commonly-used entropy minimization, we adopt principal entropy minimization, a refinement of entropy minimization that reduces gradient noise by focusing on the principal parts of entropy, excluding less reliable gradient information. Extensive experiments on the benchmarks validate the effectiveness of the proposed ABPEM in comparison with competing baselines.

RobustFT: Robust Supervised Fine-tuning for Large Language Models under Noisy Response

Supervised fine-tuning (SFT) plays a crucial role in adapting large language models (LLMs) to specific domains or tasks. However, as demonstrated by empirical experiments, the collected data inevitably contains noise in practical applications, which poses significant challenges to model performance on downstream tasks. Therefore, there is an urgent need for a noise-robust SFT framework to enhance model capabilities in downstream tasks. To address this challenge, we introduce a robust SFT framework (RobustFT) that performs noise detection and relabeling on downstream task data. For noise identification, our approach employs a multi-expert collaborative system with inference-enhanced models to achieve superior noise detection. In the denoising phase, we utilize a context-enhanced strategy, which incorporates the most relevant and confident knowledge followed by careful assessment to generate reliable annotations. Additionally, we introduce an effective data selection mechanism based on response entropy, ensuring only high-quality samples are retained for fine-tuning. Extensive experiments conducted on multiple LLMs across five datasets demonstrate RobustFT's exceptional performance in noisy scenarios.

GALA: Graph Diffusion-based Alignment with Jigsaw for Source-free Domain Adaptation

Source-free domain adaptation is a crucial machine learning topic, as it contains numerous applications in the real world, particularly with respect to data privacy. Existing approaches predominantly focus on Euclidean data, such as images and videos, while the exploration of non-Euclidean graph data remains scarce. Recent graph neural network (GNN) approaches can suffer from serious performance decline due to domain shift and label scarcity in source-free adaptation scenarios. In this study, we propose a novel method named Graph Diffusion-based Alignment with Jigsaw (GALA), tailored for source-free graph domain adaptation. To achieve domain alignment, GALA employs a graph diffusion model to reconstruct source-style graphs from target data. Specifically, a score-based graph diffusion model is trained using source graphs to learn the generative source styles. Then, we introduce perturbations to target graphs via a stochastic differential equation instead of sampling from a prior, followed by the reverse process to reconstruct source-style graphs. We feed the source-style graphs into an off-the-shelf GNN and introduce class-specific thresholds with curriculum learning, which can generate accurate and unbiased pseudo-labels for target graphs. Moreover, we develop a simple yet effective graph-mixing strategy named graph jigsaw to combine confident graphs and unconfident graphs, which can enhance generalization capabilities and robustness via consistency learning. Extensive experiments on benchmark datasets validate the effectiveness of GALA.

SemiEvol: Semi-supervised Fine-tuning for LLM Adaptation

Supervised fine-tuning (SFT) is crucial in adapting large language models (LLMs) to a specific domain or task. However, only a limited amount of labeled data is available in practical applications, which poses a severe challenge for SFT in yielding satisfactory results. Therefore, a data-efficient framework that can fully exploit labeled and unlabeled data for LLM fine-tuning is highly anticipated. Towards this end, we introduce a semi-supervised fine-tuning framework named SemiEvol for LLM adaptation from a propagate-and-select manner. For knowledge propagation, SemiEvol adopts a bi-level approach, propagating knowledge from labeled data to unlabeled data through both in-weight and in-context methods. For knowledge selection, SemiEvol incorporates a collaborative learning mechanism, selecting higher-quality pseudo-response samples. We conducted experiments using GPT-4o-mini and Llama-3.1 on seven general or domain-specific datasets, demonstrating significant improvements in model performance on target data. Furthermore, we compared SemiEvol with SFT and self-evolution methods, highlighting its practicality in hybrid data scenarios.

DELTA: Dual Consistency Delving with Topological Uncertainty for Active Graph Domain Adaptation

Graph domain adaptation has recently enabled knowledge transfer across different graphs. However, without the semantic information on target graphs, the performance on target graphs is still far from satisfactory. To address the issue, we study the problem of active graph domain adaptation, which selects a small quantitative of informative nodes on the target graph for extra annotation. This problem is highly challenging due to the complicated topological relationships and the distribution discrepancy across graphs. In this paper, we propose a novel approach named Dual Consistency Delving with Topological Uncertainty (DELTA) for active graph domain adaptation. Our DELTA consists of an edge-oriented graph subnetwork and a path-oriented graph subnetwork, which can explore topological semantics from complementary perspectives. In particular, our edge-oriented graph subnetwork utilizes the message passing mechanism to learn neighborhood information, while our path-oriented graph subnetwork explores high-order relationships from substructures. To jointly learn from two subnetworks, we roughly select informative candidate nodes with the consideration of consistency across two subnetworks. Then, we aggregate local semantics from its K-hop subgraph based on node degrees for topological uncertainty estimation. To overcome potential distribution shifts, we compare target nodes and their corresponding source nodes for discrepancy scores as an additional component for fine selection. Extensive experiments on benchmark datasets demonstrate that DELTA outperforms various state-of-the-art approaches.

Rank and Align: Towards Effective Source-free Graph Domain Adaptation

Graph neural networks (GNNs) have achieved impressive performance in graph domain adaptation. However, extensive source graphs could be unavailable in real-world scenarios due to privacy and storage concerns. To this end, we investigate an underexplored yet practical problem of source-free graph domain adaptation, which transfers knowledge from source models instead of source graphs to a target domain. To solve this problem, we introduce a novel GNN-based approach called Rank and Align (RNA), which ranks graph similarities with spectral seriation for robust semantics learning, and aligns inharmonic graphs with harmonic graphs which close to the source domain for subgraph extraction. In particular, to overcome label scarcity, we employ the spectral seriation algorithm to infer the robust pairwise rankings, which can guide semantic learning using a similarity learning objective. To depict distribution shifts, we utilize spectral clustering and the silhouette coefficient to detect harmonic graphs, which the source model can easily classify. To reduce potential domain discrepancy, we extract domain-invariant subgraphs from inharmonic graphs by an adversarial edge sampling process, which guides the invariant learning of GNNs. Extensive experiments on several benchmark datasets demonstrate the effectiveness of our proposed RNA.