FEVO: Financial Knowledge Expansion and Reasoning Evolution for Large Language Models

Advancements in reasoning for large language models (LLMs) have lead to significant performance improvements for LLMs in various fields such as mathematics and programming. However, research applying these advances to the financial domain, where considerable domain-specific knowledge is necessary to complete tasks, remains limited. To address this gap, we introduce FEVO (Financial Evolution), a multi-stage enhancement framework developed to enhance LLM performance in the financial domain. FEVO systemically enhances LLM performance by using continued pre-training (CPT) to expand financial domain knowledge, supervised fine-tuning (SFT) to instill structured, elaborate reasoning patterns, and reinforcement learning (RL) to further integrate the expanded financial domain knowledge with the learned structured reasoning. To ensure effective and efficient training, we leverage frontier reasoning models and rule-based filtering to curate FEVO-Train, high-quality datasets specifically designed for the different post-training phases. Using our framework, we train the FEVO series of models - C32B, S32B, R32B - from Qwen2.5-32B and evaluate them on seven benchmarks to assess financial and general capabilities, with results showing that FEVO-R32B achieves state-of-the-art performance on five financial benchmarks against much larger models as well as specialist models. More significantly, FEVO-R32B demonstrates markedly better performance than FEVO-R32B-0 (trained from Qwen2.5-32B-Instruct using only RL), thus validating the effectiveness of financial domain knowledge expansion and structured, logical reasoning distillation

MDBench: A Synthetic Multi-Document Reasoning Benchmark Generated with Knowledge Guidance

Natural language processing evaluation has made significant progress, largely driven by the proliferation of powerful large language mod-els (LLMs). New evaluation benchmarks are of increasing priority as the reasoning capabilities of LLMs are expanding at a rapid pace. In particular, while multi-document (MD) reasoning is an area of extreme relevance given LLM capabilities in handling longer-context inputs, few benchmarks exist to rigorously examine model behavior in this setting. Moreover, the multi-document setting is historically challenging for benchmark creation due to the expensive cost of annotating long inputs. In this work, we introduce MDBench, a new dataset for evaluating LLMs on the task of multi-document reasoning. Notably, MDBench is created through a novel synthetic generation process, allowing us to controllably and efficiently generate challenging document sets and the corresponding question-answer (QA) examples. Our novel technique operates on condensed structured seed knowledge, modifying it through LLM-assisted edits to induce MD-specific reasoning challenges. We then convert this structured knowledge into a natural text surface form, generating a document set and corresponding QA example. We analyze the behavior of popular LLMs and prompting techniques, finding that MDBENCH poses significant challenges for all methods, even with relatively short document sets. We also see our knowledge-guided generation technique (1) allows us to readily perform targeted analysis of MD-specific reasoning capabilities and (2) can be adapted quickly to account for new challenges and future modeling improvements.

Domain2Vec: Vectorizing Datasets to Find the Optimal Data Mixture without Training

We introduce~\textsc{Domain2Vec}, a novel approach that decomposes any dataset into a linear combination of several \emph{meta-domains}, a new concept designed to capture the key underlying features of datasets. \textsc{Domain2Vec} maintains a vocabulary of meta-domains and uses a classifier to decompose any given dataset into a domain vector that corresponds to a distribution over this vocabulary. These domain vectors enable the identification of the optimal data mixture for language model (LM) pretraining in a training-free manner under the \emph{\textbf{D}istribution \textbf{A}lignment \textbf{A}ssumption} (DA$^{2}$), which suggests that when the data distributions of the training set and the validation set are better aligned, a lower validation loss is achieved. Moreover, \textsc{Domain2vec} can be seamlessly integrated into previous works to model the relationship between domain vectors and LM performance, greatly enhancing the efficiency and scalability of previous methods. Extensive experiments demonstrate that \textsc{Domain2Vec} helps find the data mixture that enhances downstream task performance with minimal computational overhead. Specifically, \textsc{Domain2Vec} achieves the same validation loss on Pile-CC using only $51.5\%$ of the computation required when training on the original mixture of The Pile dataset. Under equivalent compute budget, \textsc{Domain2Vec} improves downstream performance by an average of $2.83\%$.

CLaSp: In-Context Layer Skip for Self-Speculative Decoding

Speculative decoding (SD) is a promising method for accelerating the decoding process of Large Language Models (LLMs). The efficiency of SD primarily hinges on the consistency between the draft model and the verify model. However, existing drafting approaches typically require additional modules to be trained, which can be challenging to implement and ensure compatibility across various LLMs. In this paper, we propose CLaSp, an in-context layer-skipping strategy for self-speculative decoding. Unlike prior methods, CLaSp does not require additional drafting modules or extra training. Instead, it employs a plug-and-play mechanism by skipping intermediate layers of the verify model to construct a compressed draft model. Specifically, we develop a dynamic programming algorithm that optimizes the layer-skipping process by leveraging the complete hidden states from the last verification stage as an objective. This enables CLaSp to dynamically adjust its layer-skipping strategy after each verification stage, without relying on pre-optimized sets of skipped layers. Experimental results across diverse downstream tasks demonstrate that CLaSp achieves a speedup of 1.3x ~ 1.7x on LLaMA3 series models without altering the original distribution of the generated text.

Evaluating the Retrieval Robustness of Large Language Models

Retrieval-augmented generation (RAG) generally enhances large language models' (LLMs) ability to solve knowledge-intensive tasks. But RAG may also lead to performance degradation due to imperfect retrieval and the model's limited ability to leverage retrieved content. In this work, we evaluate the robustness of LLMs in practical RAG setups (henceforth retrieval robustness). We focus on three research questions: (1) whether RAG is always better than non-RAG; (2) whether more retrieved documents always lead to better performance; (3) and whether document orders impact results. To facilitate this study, we establish a benchmark of 1500 open-domain questions, each with retrieved documents from Wikipedia. We introduce three robustness metrics, each corresponds to one research question. Our comprehensive experiments, involving 11 LLMs and 3 prompting strategies, reveal that all of these LLMs exhibit surprisingly high retrieval robustness; nonetheless, different degrees of imperfect robustness hinders them from fully utilizing the benefits of RAG.

Efficient Ensemble for Fine-tuning Language Models on Multiple Datasets

This paper develops an ensemble method for fine-tuning a language model to multiple datasets. Existing methods, such as quantized LoRA (QLoRA), are efficient when adapting to a single dataset. When training on multiple datasets of different tasks, a common setup in practice, it remains unclear how to design an efficient adaptation for fine-tuning language models. We propose to use an ensemble of multiple smaller adapters instead of a single adapter per task. We design an efficient algorithm that partitions $n$ datasets into $m$ groups, where $m$ is typically much smaller than $n$ in practice, and train one adapter for each group before taking a weighted combination to form the ensemble. The algorithm leverages a first-order approximation property of low-rank adaptation to quickly obtain the fine-tuning performances of dataset combinations since methods like LoRA stay close to the base model. Hence, we use the gradients of the base model to estimate its behavior during fine-tuning. Empirically, this approximation holds with less than $1\%$ error on models with up to $34$ billion parameters, leading to an estimation of true fine-tuning performances under $5\%$ error while speeding up computation compared to base fine-tuning by $105$ times. When applied to fine-tune Llama and GPT models on ten text classification tasks, our approach provides up to $10\%$ higher average test accuracy over QLoRA, with only $9\%$ more FLOPs. On a Llama model with $34$ billion parameters, an ensemble of QLoRA increases test accuracy by $3\%$ compared to QLoRA, with only $8\%$ more FLOPs.

Text2Grad: Reinforcement Learning from Natural Language Feedback

Traditional RLHF optimizes language models with coarse, scalar rewards that mask the fine-grained reasons behind success or failure, leading to slow and opaque learning. Recent work augments RL with textual critiques through prompting or reflection, improving interpretability but leaving model parameters untouched. We introduce Text2Grad, a reinforcement-learning paradigm that turns free-form textual feedback into span-level gradients. Given human (or programmatic) critiques, Text2Grad aligns each feedback phrase with the relevant token spans, converts these alignments into differentiable reward signals, and performs gradient updates that directly refine the offending portions of the model's policy. This yields precise, feedback-conditioned adjustments instead of global nudges. Text2Grad is realized through three components: (1) a high-quality feedback-annotation pipeline that pairs critiques with token spans; (2) a fine-grained reward model that predicts span-level reward on answer while generating explanatory critiques; and (3) a span-level policy optimizer that back-propagates natural-language gradients. Across summarization, code generation, and question answering, Text2Grad consistently surpasses scalar-reward RL and prompt-only baselines, providing both higher task metrics and richer interpretability. Our results demonstrate that natural-language feedback, when converted to gradients, is a powerful signal for fine-grained policy optimization. The code for our method is available at https://github.com/microsoft/Text2Grad

Disentangled Human Body Representation Based on Unsupervised Semantic-Aware Learning

In recent years, more and more attention has been paid to the learning of 3D human representation. However, the complexity of lots of hand-defined human body constraints and the absence of supervision data limit that the existing works controllably and accurately represent the human body in views of semantics and representation ability. In this paper, we propose a human body representation with controllable fine-grained semantics and high precison of reconstruction in an unsupervised learning framework. In particularly, we design a whole-aware skeleton-grouped disentangle strategy to learn a correspondence between geometric semantical measurement of body and latent codes, which facilitates the control of shape and posture of human body by modifying latent coding paramerers. With the help of skeleton-grouped whole-aware encoder and unsupervised disentanglement losses, our representation model is learned by an unsupervised manner. Besides, a based-template residual learning scheme is injected into the encoder to ease of learning human body latent parameter in complicated body shape and pose spaces. Because of the geometrically meaningful latent codes, it can be used in a wide range of applications, from human body pose transfer to bilinear latent code interpolation. Further more, a part-aware decoder is utlized to promote the learning of controllable fine-grained semantics. The experimental results on public 3D human datasets show that the method has the ability of precise reconstruction.

RePrompt: Reasoning-Augmented Reprompting for Text-to-Image Generation via Reinforcement Learning

Despite recent progress in text-to-image (T2I) generation, existing models often struggle to faithfully capture user intentions from short and under-specified prompts. While prior work has attempted to enhance prompts using large language models (LLMs), these methods frequently generate stylistic or unrealistic content due to insufficient grounding in visual semantics and real-world composition. Inspired by recent advances in reasoning for language model, we propose RePrompt, a novel reprompting framework that introduces explicit reasoning into the prompt enhancement process via reinforcement learning. Instead of relying on handcrafted rules or stylistic rewrites, our method trains a language model to generate structured, self-reflective prompts by optimizing for image-level outcomes. The tailored reward models assesse the generated images in terms of human preference, semantic alignment, and visual composition, providing indirect supervision to refine prompt generation. Our approach enables end-to-end training without human-annotated data. Experiments on GenEval and T2I-Compbench show that RePrompt significantly boosts spatial layout fidelity and compositional generalization across diverse T2I backbones, establishing new state-of-the-art results.

Faulty RIS-aided Integrated Sensing and Communication: Modeling and Optimization

This work investigates a practical reconfigurable intelligent surface (RIS)-aided integrated sensing and communication (ISAC) system, where a subset of RIS elements fail to function properly and reflect incident signals randomly towards unintended directions, thereby degrading system performance. To date, no study has addressed such impairments caused by faulty RIS elements in ISAC systems. This work aims to fill the gap. First, to quantify the impact of faulty elements on ISAC performance, we derive the misspecified Cram\'er-Rao bound (MCRB) for sensing parameter estimation and signal-to-interference-and-noise ratio (SINR) for communication quality. Then, to mitigate the performance loss caused by faulty elements, we jointly design the remaining functional RIS phase shifts and transmit beamforming to minimize the MCRB, subject to the communication SINR and transmit power constraints. The resulting optimization problem is highly non-convex due to the intricate structure of the MCRB expression and constant-modulus constraint imposed on RIS. To address this, we reformulate it into a more tractable form and propose a block coordinate descent (BCD) algorithm that incorporates majorization-minimization (MM), successive convex approximation (SCA), and penalization techniques. Simulation results demonstrate that our proposed approach reduces the MCRB performance loss by 24.36% on average compared to the case where the presence of faulty elements is ignored. Furthermore, the performance gain becomes more evident as the number of faulty elements increases.