Temporal Data Meets LLM -- Explainable Financial Time Series Forecasting

This paper presents a novel study on harnessing Large Language Models' (LLMs) outstanding knowledge and reasoning abilities for explainable financial time series forecasting. The application of machine learning models to financial time series comes with several challenges, including the difficulty in cross-sequence reasoning and inference, the hurdle of incorporating multi-modal signals from historical news, financial knowledge graphs, etc., and the issue of interpreting and explaining the model results. In this paper, we focus on NASDAQ-100 stocks, making use of publicly accessible historical stock price data, company metadata, and historical economic/financial news. We conduct experiments to illustrate the potential of LLMs in offering a unified solution to the aforementioned challenges. Our experiments include trying zero-shot/few-shot inference with GPT-4 and instruction-based fine-tuning with a public LLM model Open LLaMA. We demonstrate our approach outperforms a few baselines, including the widely applied classic ARMA-GARCH model and a gradient-boosting tree model. Through the performance comparison results and a few examples, we find LLMs can make a well-thought decision by reasoning over information from both textual news and price time series and extracting insights, leveraging cross-sequence information, and utilizing the inherent knowledge embedded within the LLM. Additionally, we show that a publicly available LLM such as Open-LLaMA, after fine-tuning, can comprehend the instruction to generate explainable forecasts and achieve reasonable performance, albeit relatively inferior in comparison to GPT-4.

PanoGRF: Generalizable Spherical Radiance Fields for Wide-baseline Panoramas

Achieving an immersive experience enabling users to explore virtual environments with six degrees of freedom (6DoF) is essential for various applications such as virtual reality (VR). Wide-baseline panoramas are commonly used in these applications to reduce network bandwidth and storage requirements. However, synthesizing novel views from these panoramas remains a key challenge. Although existing neural radiance field methods can produce photorealistic views under narrow-baseline and dense image captures, they tend to overfit the training views when dealing with \emph{wide-baseline} panoramas due to the difficulty in learning accurate geometry from sparse $360^{\circ}$ views. To address this problem, we propose PanoGRF, Generalizable Spherical Radiance Fields for Wide-baseline Panoramas, which construct spherical radiance fields incorporating $360^{\circ}$ scene priors. Unlike generalizable radiance fields trained on perspective images, PanoGRF avoids the information loss from panorama-to-perspective conversion and directly aggregates geometry and appearance features of 3D sample points from each panoramic view based on spherical projection. Moreover, as some regions of the panorama are only visible from one view while invisible from others under wide baseline settings, PanoGRF incorporates $360^{\circ}$ monocular depth priors into spherical depth estimation to improve the geometry features. Experimental results on multiple panoramic datasets demonstrate that PanoGRF significantly outperforms state-of-the-art generalizable view synthesis methods for wide-baseline panoramas (e.g., OmniSyn) and perspective images (e.g., IBRNet, NeuRay).

PALR: Personalization Aware LLMs for Recommendation

Large language models (LLMs) have recently received significant attention for their exceptional capabilities. Despite extensive efforts in developing general-purpose LLMs that can be utilized in various natural language processing (NLP) tasks, there has been less research exploring their potential in recommender systems. In this paper, we propose a novel framework, named PALR, which aiming to combine user history behaviors (such as clicks, purchases, ratings, etc.) with LLMs to generate user preferred items. Specifically, we first use user/item interactions as guidance for candidate retrieval. Then we adopt a LLM-based ranking model to generate recommended items. Unlike existing approaches that typically adopt general-purpose LLMs for zero/few-shot recommendation testing or training on small-sized language models (with less than 1 billion parameters), which cannot fully elicit LLMs' reasoning abilities and leverage rich item side parametric knowledge, we fine-tune a 7 billion parameters LLM for the ranking purpose. This model takes retrieval candidates in natural language format as input, with instruction which explicitly asking to select results from input candidates during inference. Our experimental results demonstrate that our solution outperforms state-of-the-art models on various sequential recommendation tasks.

Hierarchical Integration Diffusion Model for Realistic Image Deblurring

Diffusion models (DMs) have recently been introduced in image deblurring and exhibited promising performance, particularly in terms of details reconstruction. However, the diffusion model requires a large number of inference iterations to recover the clean image from pure Gaussian noise, which consumes massive computational resources. Moreover, the distribution synthesized by the diffusion model is often misaligned with the target results, leading to restrictions in distortion-based metrics. To address the above issues, we propose the Hierarchical Integration Diffusion Model (HI-Diff), for realistic image deblurring. Specifically, we perform the DM in a highly compacted latent space to generate the prior feature for the deblurring process. The deblurring process is implemented by a regression-based method to obtain better distortion accuracy. Meanwhile, the highly compact latent space ensures the efficiency of the DM. Furthermore, we design the hierarchical integration module to fuse the prior into the regression-based model from multiple scales, enabling better generalization in complex blurry scenarios. Comprehensive experiments on synthetic and real-world blur datasets demonstrate that our HI-Diff outperforms state-of-the-art methods. Code and trained models are available at https://github.com/zhengchen1999/HI-Diff.

Graph Meets LLM: A Novel Approach to Collaborative Filtering for Robust Conversational Understanding

Conversational AI systems (e.g. Alexa, Siri, Google Assistant, etc.) need to understand queries with defects to ensure robust conversational understanding and reduce user frictions. The defective queries are often induced by user ambiguities and mistakes, or errors in the automatic speech recognition (ASR) and natural language understanding (NLU). Personalized query rewriting (personalized QR) targets reducing defects in the torso and tail user query traffic, and it typically relies on an index of past successful user interactions with the conversational AI. This paper presents our "Collaborative Query Rewriting" approach that focuses on rewriting novel user interactions unseen in the user history. This approach builds a "user Feedback Interaction Graph" (FIG) consisting of historical user-entity interactions, and leverages multi-hop customer affinity to enrich each user's index (i.e. the Collaborative User Index) that would help cover future unseen defective queries. To counteract the precision degradation from the enlarged index, we introduced additional transformer layers to the L1 retrieval model and added multi-hop affinity and guardrail features to the L2 re-ranking model. Given the production constraints of storage cost and runtime retrieval latency, managing the size of the Collaborative User Index is important. As the user index can be pre-computed, we explored using a Large Language Model (LLM) for multi-hop customer affinity retrieval on the Video/Music domains. In particular, this paper looked into the Dolly-V2 7B model. Given limited user index size, We found the user index derived from fine-tuned Dolly-V2 generation significantly enhanced coverage of unseen user interactions. Consequently, this boosted QR performance on unseen user interactions compared to the graph traversal based user index.

Decentralized Learning over Wireless Networks: The Effect of Broadcast with Random Access

In this work, we focus on the communication aspect of decentralized learning, which involves multiple agents training a shared machine learning model using decentralized stochastic gradient descent (D-SGD) over distributed data. In particular, we investigate the impact of broadcast transmission and probabilistic random access policy on the convergence performance of D-SGD, considering the broadcast nature of wireless channels and the link dynamics in the communication topology. Our results demonstrate that optimizing the access probability to maximize the expected number of successful links is a highly effective strategy for accelerating the system convergence.

Dynamic Scheduling for Federated Edge Learning with Streaming Data

In this work, we consider a Federated Edge Learning (FEEL) system where training data are randomly generated over time at a set of distributed edge devices with long-term energy constraints. Due to limited communication resources and latency requirements, only a subset of devices is scheduled for participating in the local training process in every iteration. We formulate a stochastic network optimization problem for designing a dynamic scheduling policy that maximizes the time-average data importance from scheduled user sets subject to energy consumption and latency constraints. Our proposed algorithm based on the Lyapunov optimization framework outperforms alternative methods without considering time-varying data importance, especially when the generation of training data shows strong temporal correlation.

Learning to Tokenize for Generative Retrieval

Conventional document retrieval techniques are mainly based on the index-retrieve paradigm. It is challenging to optimize pipelines based on this paradigm in an end-to-end manner. As an alternative, generative retrieval represents documents as identifiers (docid) and retrieves documents by generating docids, enabling end-to-end modeling of document retrieval tasks. However, it is an open question how one should define the document identifiers. Current approaches to the task of defining document identifiers rely on fixed rule-based docids, such as the title of a document or the result of clustering BERT embeddings, which often fail to capture the complete semantic information of a document. We propose GenRet, a document tokenization learning method to address the challenge of defining document identifiers for generative retrieval. GenRet learns to tokenize documents into short discrete representations (i.e., docids) via a discrete auto-encoding approach. Three components are included in GenRet: (i) a tokenization model that produces docids for documents; (ii) a reconstruction model that learns to reconstruct a document based on a docid; and (iii) a sequence-to-sequence retrieval model that generates relevant document identifiers directly for a designated query. By using an auto-encoding framework, GenRet learns semantic docids in a fully end-to-end manner. We also develop a progressive training scheme to capture the autoregressive nature of docids and to stabilize training. We conduct experiments on the NQ320K, MS MARCO, and BEIR datasets to assess the effectiveness of GenRet. GenRet establishes the new state-of-the-art on the NQ320K dataset. Especially, compared to generative retrieval baselines, GenRet can achieve significant improvements on the unseen documents. GenRet also outperforms comparable baselines on MS MARCO and BEIR, demonstrating the method's generalizability.

Recursive Generalization Transformer for Image Super-Resolution

Transformer architectures have exhibited remarkable performance in image super-resolution (SR). Since the quadratic computational complexity of the self-attention (SA) in Transformer, existing methods tend to adopt SA in a local region to reduce overheads. However, the local design restricts the global context exploitation, which is critical for accurate image reconstruction. In this work, we propose the Recursive Generalization Transformer (RGT) for image SR, which can capture global spatial information and is suitable for high-resolution images. Specifically, we propose the recursive-generalization self-attention (RG-SA). It recursively aggregates input features into representative feature maps, and then utilizes cross-attention to extract global information. Meanwhile, the channel dimensions of attention matrices (query, key, and value) are further scaled for a better trade-off between computational overheads and performance. Furthermore, we combine the RG-SA with local self-attention to enhance the exploitation of the global context, and propose the hybrid adaptive integration (HAI) for module integration. The HAI allows the direct and effective fusion between features at different levels (local or global). Extensive experiments demonstrate that our RGT outperforms recent state-of-the-art methods.