QuantaAlpha: An Evolutionary Framework for LLM-Driven Alpha Mining

Financial markets are noisy and non-stationary, making alpha mining highly sensitive to noise in backtesting results and sudden market regime shifts. While recent agentic frameworks improve alpha mining automation, they often lack controllable multi-round search and reliable reuse of validated experience. To address these challenges, we propose QuantaAlpha, an evolutionary alpha mining framework that treats each end-to-end mining run as a trajectory and improves factors through trajectory-level mutation and crossover operations. QuantaAlpha localizes suboptimal steps in each trajectory for targeted revision and recombines complementary high-reward segments to reuse effective patterns, enabling structured exploration and refinement across mining iterations. During factor generation, QuantaAlpha enforces semantic consistency across the hypothesis, factor expression, and executable code, while constraining the complexity and redundancy of the generated factor to mitigate crowding. Extensive experiments on the China Securities Index 300 (CSI 300) demonstrate consistent gains over strong baseline models and prior agentic systems. When utilizing GPT-5.2, QuantaAlpha achieves an Information Coefficient (IC) of 0.1501, with an Annualized Rate of Return (ARR) of 27.75% and a Maximum Drawdown (MDD) of 7.98%. Moreover, factors mined on CSI 300 transfer effectively to the China Securities Index 500 (CSI 500) and the Standard & Poor's 500 Index (S&P 500), delivering 160% and 137% cumulative excess return over four years, respectively, which indicates strong robustness of QuantaAlpha under market distribution shifts.

Revisiting Salient Object Detection from an Observer-Centric Perspective

Salient object detection is inherently a subjective problem, as observers with different priors may perceive different objects as salient. However, existing methods predominantly formulate it as an objective prediction task with a single groundtruth segmentation map for each image, which renders the problem under-determined and fundamentally ill-posed. To address this issue, we propose Observer-Centric Salient Object Detection (OC-SOD), where salient regions are predicted by considering not only the visual cues but also the observer-specific factors such as their preferences or intents. As a result, this formulation captures the intrinsic ambiguity and diversity of human perception, enabling personalized and context-aware saliency prediction. By leveraging multi-modal large language models, we develop an efficient data annotation pipeline and construct the first OC-SOD dataset named OC-SODBench, comprising 33k training, validation and test images with 152k textual prompts and object pairs. Built upon this new dataset, we further design OC-SODAgent, an agentic baseline which performs OC-SOD via a human-like "Perceive-Reflect-Adjust" process. Extensive experiments on our proposed OC-SODBench have justified the effectiveness of our contribution. Through this observer-centric perspective, we aim to bridge the gap between human perception and computational modeling, offering a more realistic and flexible understanding of what makes an object truly "salient." Code and dataset are publicly available at: https://github.com/Dustzx/OC_SOD

CSRv2: Unlocking Ultra-Sparse Embeddings

In the era of large foundation models, the quality of embeddings has become a central determinant of downstream task performance and overall system capability. Yet widely used dense embeddings are often extremely high-dimensional, incurring substantial costs in storage, memory, and inference latency. To address these, Contrastive Sparse Representation (CSR) is recently proposed as a promising direction, mapping dense embeddings into high-dimensional but k-sparse vectors, in contrast to compact dense embeddings such as Matryoshka Representation Learning (MRL). Despite its promise, CSR suffers severe degradation in the ultra-sparse regime, where over 80% of neurons remain inactive, leaving much of its efficiency potential unrealized. In this paper, we introduce CSRv2, a principled training approach designed to make ultra-sparse embeddings viable. CSRv2 stabilizes sparsity learning through progressive k-annealing, enhances representational quality via supervised contrastive objectives, and ensures end-to-end adaptability with full backbone finetuning. CSRv2 reduces dead neurons from 80% to 20% and delivers a 14% accuracy gain at k=2, bringing ultra-sparse embeddings on par with CSR at k=8 and MRL at 32 dimensions, all with only two active features. While maintaining comparable performance, CSRv2 delivers a 7x speedup over MRL, and yields up to 300x improvements in compute and memory efficiency relative to dense embeddings in text representation. Extensive experiments across text and vision demonstrate that CSRv2 makes ultra-sparse embeddings practical without compromising performance, where CSRv2 achieves 7%/4% improvement over CSR when k=4 and further increases this gap to 14%/6% when k=2 in text/vision representation. By making extreme sparsity viable, CSRv2 broadens the design space for real-time and edge-deployable AI systems where both embedding quality and efficiency are critical.

Meta Engine: A Unified Semantic Query Engine on Heterogeneous LLM-Based Query Systems

With the increasingly use of multi-modal data, semantic query has become more and more demanded in data management systems, which is an important way to access and analyze multi-modal data. As unstructured data, most information of multi-modal data (text, image, video, etc) hides in the semantics, which cannot be accessed by the traditional database queries like SQL. Given the power of Large Language Model (LLM) in understanding semantics and processing natural language, in recent years several LLM-based semantic query systems have been proposed, to support semantic querying over unstructured data. However, this rapid growth has produced a fragmented ecosystem. Applications face significant integration challenges due to (1) disparate APIs of different semantic query systems and (2) a fundamental trade-off between specialization and generality. Many semantic query systems are highly specialized, offering state-of-the-art performance within a single modality but struggling with multi-modal data. Conversely, some "all-in-one" systems handle multiple modalities but often exhibit suboptimal performance compared to their specialized counterparts in specific modalities. This paper introduces Meta Engine, a novel "query system on query systems", designed to resolve those aforementioned challenges. Meta Engine is a unified semantic query engine that integrates heterogeneous, specialized LLM-based query systems. Its architecture comprises five key components: (1) a Natural Language (NL) Query Parser, (2) an Operator Generator, (3) a Query Router, (4) a set of Adapters, and (5) a Result Aggregator. In the evaluation, Meta Engine consistently outperforms all baselines, yielding 3-6x higher F1 in most cases and up to 24x on specific datasets.

Component-Level Lesioning of Language Models Reveals Clinically Aligned Aphasia Phenotypes

Large language models (LLMs) increasingly exhibit human-like linguistic behaviors and internal representations that they could serve as computational simulators of language cognition. We ask whether LLMs can be systematically manipulated to reproduce language-production impairments characteristic of aphasia following focal brain lesions. Such models could provide scalable proxies for testing rehabilitation hypotheses, and offer a controlled framework for probing the functional organization of language. We introduce a clinically grounded, component-level framework that simulates aphasia by selectively perturbing functional components in LLMs, and apply it to both modular Mixture-of-Experts models and dense Transformers using a unified intervention interface. Our pipeline (i) identifies subtype-linked components for Broca's and Wernicke's aphasia, (ii) interprets these components with linguistic probing tasks, and (iii) induces graded impairments by progressively perturbing the top-k subtype-linked components, evaluating outcomes with Western Aphasia Battery (WAB) subtests summarized by Aphasia Quotient (AQ). Across architectures and lesioning strategies, subtype-targeted perturbations yield more systematic, aphasia-like regressions than size-matched random perturbations, and MoE modularity supports more localized and interpretable phenotype-to-component mappings. These findings suggest that modular LLMs, combined with clinically informed component perturbations, provide a promising platform for simulating aphasic language production and studying how distinct language functions degrade under targeted disruptions.

Identifying and Correcting Label Noise for Robust GNNs via Influence Contradiction

Graph Neural Networks (GNNs) have shown remarkable capabilities in learning from graph-structured data with various applications such as social analysis and bioinformatics. However, the presence of label noise in real scenarios poses a significant challenge in learning robust GNNs, and their effectiveness can be severely impacted when dealing with noisy labels on graphs, often stemming from annotation errors or inconsistencies. To address this, in this paper we propose a novel approach called ICGNN that harnesses the structure information of the graph to effectively alleviate the challenges posed by noisy labels. Specifically, we first design a novel noise indicator that measures the influence contradiction score (ICS) based on the graph diffusion matrix to quantify the credibility of nodes with clean labels, such that nodes with higher ICS values are more likely to be detected as having noisy labels. Then we leverage the Gaussian mixture model to precisely detect whether the label of a node is noisy or not. Additionally, we develop a soft strategy to combine the predictions from neighboring nodes on the graph to correct the detected noisy labels. At last, pseudo-labeling for abundant unlabeled nodes is incorporated to provide auxiliary supervision signals and guide the model optimization. Experiments on benchmark datasets show the superiority of our proposed approach.

Render-of-Thought: Rendering Textual Chain-of-Thought as Images for Visual Latent Reasoning

Chain-of-Thought (CoT) prompting has achieved remarkable success in unlocking the reasoning capabilities of Large Language Models (LLMs). Although CoT prompting enhances reasoning, its verbosity imposes substantial computational overhead. Recent works often focus exclusively on outcome alignment and lack supervision on the intermediate reasoning process. These deficiencies obscure the analyzability of the latent reasoning chain. To address these challenges, we introduce Render-of-Thought (RoT), the first framework to reify the reasoning chain by rendering textual steps into images, making the latent rationale explicit and traceable. Specifically, we leverage the vision encoders of existing Vision Language Models (VLMs) as semantic anchors to align the vision embeddings with the textual space. This design ensures plug-and-play implementation without incurring additional pre-training overhead. Extensive experiments on mathematical and logical reasoning benchmarks demonstrate that our method achieves 3-4x token compression and substantial inference acceleration compared to explicit CoT. Furthermore, it maintains competitive performance against other methods, validating the feasibility of this paradigm. Our code is available at https://github.com/TencentBAC/RoT

Think3D: Thinking with Space for Spatial Reasoning

Understanding and reasoning about the physical world requires spatial intelligence: the ability to interpret geometry, perspective, and spatial relations beyond 2D perception. While recent vision large models (VLMs) excel at visual understanding, they remain fundamentally 2D perceivers and struggle with genuine 3D reasoning. We introduce Think3D, a framework that enables VLM agents to think with 3D space. By leveraging 3D reconstruction models that recover point clouds and camera poses from images or videos, Think3D allows the agent to actively manipulate space through camera-based operations and ego/global-view switching, transforming spatial reasoning into an interactive 3D chain-of-thought process. Without additional training, Think3D significantly improves the spatial reasoning performance of advanced models such as GPT-4.1 and Gemini 2.5 Pro, yielding average gains of +7.8% on BLINK Multi-view and MindCube, and +4.7% on VSI-Bench. We further show that smaller models, which struggle with spatial exploration, benefit significantly from a reinforcement learning policy that enables the model to select informative viewpoints and operations. With RL, the benefit from tool usage increases from +0.7% to +6.8%. Our findings demonstrate that training-free, tool-augmented spatial exploration is a viable path toward more flexible and human-like 3D reasoning in multimodal agents, establishing a new dimension of multimodal intelligence. Code and weights are released at https://github.com/zhangzaibin/spagent.

The Llama 4 Herd: Architecture, Training, Evaluation, and Deployment Notes

This document consolidates publicly reported technical details about Metas Llama 4 model family. It summarizes (i) released variants (Scout and Maverick) and the broader herd context including the previewed Behemoth teacher model, (ii) architectural characteristics beyond a high-level MoE description covering routed/shared-expert structure, early-fusion multimodality, and long-context design elements reported for Scout (iRoPE and length generalization strategies), (iii) training disclosures spanning pre-training, mid-training for long-context extension, and post-training methodology (lightweight SFT, online RL, and lightweight DPO) as described in release materials, (iv) developer-reported benchmark results for both base and instruction-tuned checkpoints, and (v) practical deployment constraints observed across major serving environments, including provider-specific context limits and quantization packaging. The manuscript also summarizes licensing obligations relevant to redistribution and derivative naming, and reviews publicly described safeguards and evaluation practices. The goal is to provide a compact technical reference for researchers and practitioners who need precise, source-backed facts about Llama 4.

Diffusion-DRF: Differentiable Reward Flow for Video Diffusion Fine-Tuning

Direct Preference Optimization (DPO) has recently improved Text-to-Video (T2V) generation by enhancing visual fidelity and text alignment. However, current methods rely on non-differentiable preference signals from human annotations or learned reward models. This reliance makes training label-intensive, bias-prone, and easy-to-game, which often triggers reward hacking and unstable training. We propose Diffusion-DRF, a differentiable reward flow for fine-tuning video diffusion models using a frozen, off-the-shelf Vision-Language Model (VLM) as a training-free critic. Diffusion-DRF directly backpropagates VLM feedback through the diffusion denoising chain, converting logit-level responses into token-aware gradients for optimization. We propose an automated, aspect-structured prompting pipeline to obtain reliable multi-dimensional VLM feedback, while gradient checkpointing enables efficient updates through the final denoising steps. Diffusion-DRF improves video quality and semantic alignment while mitigating reward hacking and collapse -- without additional reward models or preference datasets. It is model-agnostic and readily generalizes to other diffusion-based generative tasks.