Xueqing Peng, Lingfei Qian, Yan Wang, Ruoyu Xiang, Yueru He, Yang Ren, Mingyang Jiang, Vincent Jim Zhang, Yuqing Guo, Jeff Zhao, Huan He, Yi Han, Yun Feng, Yuechen Jiang, Yupeng Cao, Haohang Li, Yangyang Yu, Xiaoyu Wang, Penglei Gao, Shengyuan Lin, Keyi Wang, Shanshan Yang, Yilun Zhao, Zhiwei Liu, Peng Lu, Jerry Huang, Suyuchen Wang, Triantafillos Papadopoulos, Polydoros Giannouris, Efstathia Soufleri, Nuo Chen, Zhiyang Deng, Heming Fu, Yijia Zhao, Mingquan Lin, Meikang Qiu, Kaleb E Smith, Arman Cohan, Xiao-Yang Liu, Jimin Huang, Guojun Xiong, Alejandro Lopez-Lira, Xi Chen, Junichi Tsujii, Jian-Yun Nie, Sophia Ananiadou, Qianqian Xie. Proceedings of the 64th Annual Meeting of the Association for Computational Linguistics (Volume 1: Long Papers). 2026.

Retrieval-Augmented Generation (RAG) is becoming increasingly essential for Question Answering (QA) in the financial sector, where accurate and contextually grounded insights from complex public disclosures are crucial. However, existing financial RAG systems face two significant challenges: (1) they struggle to process heterogeneous data formats, such as text, tables, and figures; and (2) they encounter difficulties in balancing general-domain applicability with company-specific adaptation. To overcome these challenges, we present VeritasFi, an innovative hybrid RAG framework that incorporates a multi-modal preprocessing pipeline alongside a cutting-edge two-stage training strategy for its re-ranking component. VeritasFi enhances financial QA through three key innovations: (1) A multi-modal preprocessing pipeline that seamlessly transforms heterogeneous data into a coherent, machine-readable format. (2) A tripartite hybrid retrieval engine that operates in parallel, combining deep multi-path retrieval over a semantically indexed document corpus, real-time data acquisition through tool utilization, and an expert-curated memory bank for high-frequency questions, ensuring comprehensive scope, accuracy, and efficiency. (3) A two-stage training strategy for the document re-ranker, which initially constructs a general, domain-specific model using anonymized data, followed by rapid fine-tuning on company-specific data for targeted applications. By integrating our proposed designs, VeritasFi presents a novel framework that greatly enhances the adaptability and robustness of financial RAG systems, providing a scalable solution for both general-domain and company-specific QA tasks. Code accompanying this work is available at https://github.com/simplew4y/VeritasFi.git.

Large language models (LLMs) face significant challenges in handling long-context tasks because of their limited effective context window size during pretraining, which restricts their ability to generalize over extended sequences. Meanwhile, extending the context window in LLMs through post-pretraining is highly resource-intensive.To address this, we introduce LongRecipe, an efficient training strategy for extending the context window of LLMs, including impactful token analysis, position index transformation, and training optimization strategies. It simulates long-sequence inputs while maintaining training efficiency and significantly improves the model’s understanding of long-range dependencies. Experiments on three types of LLMs show that LongRecipe can utilize long sequences while requiring only 30% of the target context window size, and reduces computational training resource over 85% compared to full sequence training. Furthermore, LongRecipe also preserves the original LLM’s capabilities in general tasks. Ultimately, we can extend effective context window of open-source LLMs from 8k to 128k, achieving performance close to GPT-4 with just one day of dedicated training using a single GPU with 80G memory.Our code is released at https://github.com/zhiyuanhubj/LongRecipe.

Leveraging large language models in real-world settings often entails a need to utilize domain-specific data and tools in order to follow the complex regulations that need to be followed for acceptable use. Within financial sectors, modern enterprises increasingly rely on Retrieval-Augmented Generation (RAG) systems to address complex information retrieval in financial document workflows. However, existing solutions struggle to account for the inherent heterogeneity of data (e.g., text, tables, diagrams) and evolving complexity in financial filings, leading to compromised accuracy in critical information extraction. We propose the FinSage framework as a solution, utilizing a multi-aspect RAG framework tailored for data retrieval and summarization in multi-modal financial documents. øurmodel introduces three innovative components: (1) a multi-modal pre-processing pipeline that unifies diverse data formats and generates chunk-level metadata summaries, (2) a multi-path sparse-dense retrieval system augmented with query expansion (HyDE) and metadata-aware semantic search, and (3) a domain-specialized re-ranking module fine-tuned via Direct Preference Optimization to prioritize ground-truth-related content. Extensive experiments demonstrate that FinSage achieves an impressive recall of 92.51% on 75 expert-curated questions derived from surpasses the best baseline method on the FinanceBench question answering datasets by 24.06% in accuracy. Moreover, FinSage has been successfully deployed as financial question-answering system in online meetings, where it has already served more than 1,200 people. The implementation is publicly available at https://github.com/simplew4y/finsage.

Rabiul Awal, Mahsa Massoud, Aarash Feizi, Zichao Li, Suyuchen Wang, Christopher Pal, Aishwarya Agrawal, David Vazquez, Siva Reddy, Juan A. Rodriguez, Perouz Taslakian, Spandana Gella, Sai Rajeswar. Proceedings of the 2025 Conference on Empirical Methods in Natural Language Processing. 2025.

Suyuchen Wang, Jinlin Wang, Xinyu Wang, Shiqi Li, Xiangru Tang, Sirui Hong, Xiao-Wen Chang, Chenglin Wu, Bang Liu. Proceedings of the 2025 Conference on Empirical Methods in Natural Language Processing. 2025.

While diffusion models have revolutionized text-to-image generation with their ability to synthesize realistic and diverse scenes, they continue to struggle with generating consistent and legible text within images.This shortcoming is commonly attributed to the locality bias inherent in diffusion-based generation, which limits their capacity to model long-range spatial dependencies.In this paper, we introduce STRICT, a benchmark designed to systematically stress-test the ability of diffusion models to render coherent and instruction-aligned text in images.Our benchmark evaluates models across multiple dimensions: (1) the maximum length of readable text that can be generated; (2) the correctness and legibility of the generated text, and (3) the ratio of not following instructions for generating text.We assess several state-of-the-art models, including proprietary and open-source variants, and reveal persistent limitations in long-range consistency and instruction-following capabilities.Our findings provide insights into architectural bottlenecks and motivate future research directions in multimodal generative modeling.

Model merging has emerged as an effective approach to combining multiple single-task models into a multitask model. This process typically involves computing a weighted average of the model parameters without additional training. Existing model-merging methods focus on improving average task accuracy. However, interference and conflicts between the objectives of different tasks can lead to trade-offs during the merging process. In real-world applications, a set of solutions with various trade-offs can be more informative, helping practitioners make decisions based on diverse preferences. In this paper, we introduce a novel and low-compute algorithm, Model Merging with Amortized Pareto Front (MAP). MAP efficiently identifies a Pareto set of scaling coefficients for merging multiple models, reflecting the trade-offs involved. It amortizes the substantial computational cost of evaluations needed to estimate the Pareto front by using quadratic approximation surrogate models derived from a preselected set of scaling coefficients. Experimental results on vision and natural language processing tasks demonstrate that MAP can accurately identify the Pareto front, providing practitioners with flexible solutions to balance competing task objectives. We also introduce Bayesian MAP for scenarios with a relatively low number of tasks and Nested MAP for situations with a high number of tasks, further reducing the computational cost of evaluation.

Multimodal AI has the potential to significantly enhance document-understanding tasks, such as processing receipts, understanding workflows, extracting data from documents, and summarizing reports. Code generation tasks that require long-structured outputs can also be enhanced by multimodality. Despite this, their use in commercial applications is often limited due to limited access to relevant training data and restrictive licensing, which hinders open access. To address these limitations, we introduce BigDocs-7.5M, a high-quality, open-access dataset comprising 7.5 million multimodal documents across 30 tasks. We use an efficient data curation process to ensure that our data is high quality and license-permissive. Our process emphasizes accountability, responsibility, and transparency through filtering rules, traceable metadata, and careful content analysis. Additionally, we introduce BigDocs-Bench,, a benchmark suite with 10 novel tasks where we carefully create datasets that reflect real-world use cases involving reasoning over Graphical User Interfaces (GUI) and code generation from images. Our experiments show that training with BigDocs-Bench, improves average performance up to 25.8% over closed-source GPT-4o in document reasoning and structured output tasks such as Screenshot2HTML or Image2Latex generation. Finally, human evaluations revealed that participants preferred the outputs from models trained with BigDocs over those from GPT-4o. This suggests that BigDocs can help both academics and the open-source community utilize and improve AI tools to enhance multimodal capabilities and document reasoning.

We introduce Visual Caption Restoration (VCR), a novel vision-language task that challenges models to accurately restore partially obscured texts using pixel-level hints within images through complex reasoning. This task stems from the observation that text embedded in images intrinsically differs from common visual elements and text due to the need to align the modalities of vision, text, and text embedded in images. While many works incorporate text into images for visual question answering, they mostly rely on OCR or masked language modeling, reducing the task to text-based processing. However, text-based processing becomes ineffective in VCR as accurate text restoration depends on the combined information from provided images, context, and subtle cues from the tiny, exposed areas of masked texts. We develop a pipeline to generate synthetic images for the VCR task using image-caption pairs, with adjustable caption visibility to control the task difficulty. With this pipeline, we construct VCR-WIKI for VCR using Wikipedia images with captions, including 2.11M English and 346K Chinese training entities, plus 5K validation and 5K test entities in both languages, each in easy and hard configurations. We also make a hidden test set, VCR-HIDDEN, to avoid potential overfitting on VCR-WIKI. Our results reveal that current vision-language models significantly lag behind human performance in the VCR task, and merely fine-tuning the models on our dataset does not lead to notable improvements. We release VCR-WIKI and the data construction code to facilitate future research.

Aligning visual features with language embeddings is a key challenge in vision-language models (VLMs). The performance of such models hinges on having a good connector that maps visual features generated by a vision encoder to a shared embedding space with the LLM while preserving semantic similarity. Existing connectors, such as multilayer perceptrons (MLPs), lack inductive bias to constrain visual features within the linguistic structure of the LLM’s embedding space, making them data-hungry and prone to cross-modal misalignment. In this work, we propose a novel vision-text alignment method, AlignVLM, that maps visual features to a weighted average of LLM text embeddings. Our approach leverages the linguistic priors encoded by the LLM to ensure that visual features are mapped to regions of the space that the LLM can effectively interpret. AlignVLM is particularly effective for document understanding tasks, where visual and textual modalities are highly correlated. Our extensive experiments show that AlignVLM achieves state-of-the-art performance compared to prior alignment methods, with larger gains on document understanding and under low-resource setups. We provide further analysis demonstrating its efficiency and robustness to noise.

Chain-of-thought (CoT) reasoning enables large language models (LLMs) to move beyond fast System-1 responses and engage in deliberative System-2 reasoning. However, this comes at the cost of significant inefficiency due to verbose intermediate output. Recent latent-space reasoning methods improve efficiency by operating on hidden states without decoding into language, yet they treat all steps uniformly, failing to distinguish critical deductions from auxiliary steps and resulting in suboptimal use of computational resources. In this paper, we propose System-1.5 Reasoning, an adaptive reasoning framework that dynamically allocates computation across reasoning steps through shortcut paths in latent space.Specifically, System-1.5 Reasoning introduces two types of dynamic shortcuts. The model depth shortcut (DS) adaptively reasons along the vertical depth by early exiting non-critical tokens through lightweight adapter branches, while allowing critical tokens to continue through deeper Transformer layers. The step shortcut (SS) reuses hidden states across the decoding steps to skip trivial steps and reason horizontally in latent space. Training System-1.5 Reasoning involves a two-stage self-distillation process: first distilling natural language CoT into latent-space continuous thought, and then distilling full-path System-2 latent reasoning into adaptive shortcut paths (System-1.5 Reasoning).Experiments on reasoning tasks demonstrate the superior performance of our method. For example, on GSM8K, System-1.5 Reasoning achieves reasoning performance comparable to traditional CoT fine-tuning methods while accelerating inference by over 20× and reducing token generation by 91.0\% on average.

Transformer-based models have achieved stateof-the-art performance on numerous NLP applications.However, long documents which are prevalent in real-world scenarios cannot be efficiently processed by transformers with the vanilla self-attention module due to their quadratic computation complexity and limited length extrapolation ability.Instead of tackling the computation difficulty for self-attention with sparse or hierarchical structures, in this paper, we investigate the use of State-Space Models (SSMs) for long document classification tasks.We conducted extensive experiments on six long document classification datasets, including binary, multi-class, and multi-label classification, comparing SSMs (with and without pre-training) to self-attention-based models.We also introduce the SSM-pooler model and demonstrate that it achieves comparable performance while being on average 36% more efficient.Additionally our method exhibits higher robustness to the input noise even in the extreme scenario of 40%. * Research done during internship in Huawei Noah's Ark Lab (Montreal).

Taxonomy is a fundamental type of knowledge graph for a wide range of web applications like searching and recommendation systems. To keep a taxonomy automatically updated with the latest concepts, the taxonomy completion task matches a pair of proper hypernym and hyponym in the original taxonomy with the new concept as its parent and child. Previous solutions utilize term embeddings as input and only evaluate the parent-child relations between the new concept and the hypernym-hyponym pair. Such methods ignore the important sibling relations, and are not applicable in reality since term embeddings are not available for the latest concepts. They also suffer from the relational noise of the “pseudo-leaf” node, which is a null node acting as a node’s hyponym to enable the new concept to be a leaf node. To tackle the above drawbacks, we propose the Quadruple Evaluation Network (QEN), a novel taxonomy completion framework that utilizes easily accessible term descriptions as input, and applies pretrained language model and code attention for accurate inference while reducing online computation. QEN evaluates both parent-child and sibling relations to both enhance the accuracy and reduce the noise brought by pseudo-leaf. Extensive experiments on three real-world datasets in different domains with different sizes and term description sources prove the effectiveness and robustness of QEN on overall performance and especially the performance for adding non-leaf nodes, which largely surpasses previous methods and achieves the new state-of-the-art of the task.1

Taxonomy is a hierarchically structured knowledge graph that plays a crucial role in machine intelligence. The taxonomy expansion task aims to find a position for a new term in an existing taxonomy to capture the emerging knowledge in the world and keep the taxonomy dynamically updated. Previous taxonomy expansion solutions neglect valuable information brought by the hierarchical structure and evaluate the correctness of merely an added edge, which downgrade the problem to node-pair scoring or mini-path classification. In this paper, we propose the Hierarchy Expansion Framework (HEF), which fully exploits the hierarchical structure’s properties to maximize the coherence of expanded taxonomy. HEF makes use of taxonomy’s hierarchical structure in multiple aspects: i) HEF utilizes subtrees containing most relevant nodes as self-supervision data for a complete comparison of parental and sibling relations; ii) HEF adopts a coherence modeling module to evaluate the coherence of a taxonomy’s subtree by integrating hypernymy relation detection and several tree-exclusive features; iii) HEF introduces the Fitting Score for position selection, which explicitly evaluates both path and level selections and takes full advantage of parental relations to interchange information for disambiguation and self-correction. Extensive experiments show that by better exploiting the hierarchical structure and optimizing taxonomy’s coherence, HEF vastly surpasses the prior state-of-the-art on three benchmark datasets by an average improvement of 46.7% in accuracy and 32.3% in mean reciprocal rank.

Supervised learning relies heavily on readily available labelled data to infer an effective classification function. However, proposed methods under the supervised learning paradigm are faced with the scarcity of labelled data within domains, and are not generalized enough to adapt to other tasks. Transfer learning has proved to be a worthy choice to address these issues, by allowing knowledge to be shared across domains and tasks. In this paper, we propose two transfer learning methods Anchored Model Transfer (AMT) and Soft Instance Transfer (SIT), which are both based on multi-task learning, and account for model transfer and instance transfer, and can be combined into a common framework. We demonstrate the effectiveness of AMT and SIT for aspect-level sentiment classification showing the competitive performance against baseline models on benchmark datasets. Interestingly, we show that the integration of both methods AMT+SIT achieves state-of-the-art performance on the same task.