In financial trading, factor models are widely used to price assets and capture excess returns from mispricing. Recently, we have witnessed the rise of variational autoencoder-based latent factor models, which learn latent factors self-adaptively. While these models focus on modeling overall market conditions, they often fail to effectively capture the temporal patterns of individual stocks. Additionally, representing multiple factors as single values simplifies the model but limits its ability to capture complex relationships and dependencies. As a result, the learned factors are of low quality and lack diversity, reducing their effectiveness and robustness across different trading periods. To address these issues, we propose a Spatio-Temporal factOR Model based on dual vector quantized variational autoencoders, named STORM, which extracts features of stocks from temporal and spatial perspectives, then fuses and aligns these features at the fine-grained and semantic level, and represents the factors as multi-dimensional embeddings. The discrete codebooks cluster similar factor embeddings, ensuring orthogonality and diversity, which helps distinguish between different factors and enables factor selection in financial trading. To show the performance of the proposed factor model, we apply it to two downstream experiments: portfolio management on two stock datasets and individual trading tasks on six specific stocks. The extensive experiments demonstrate STORM's flexibility in adapting to downstream tasks and superior performance over baseline models.

In recent years, the recommendation content on e-commerce platforms has become increasingly rich -- a single user feed may contain multiple entities, such as selling products, short videos, and content posts. To deal with the multi-entity cross-domain recommendation problem, an intuitive solution is to adopt the shared-network-based architecture for joint training. The underlying idea is to transfer the knowledge from one type of entity (source entity) to another (target entity). However, different from the conventional same-entity cross-domain recommendation, multi-entity knowledge transfer encounters several important challenges: (1) data distributions of the source entity and target entity are naturally different, making the shared-network-based joint training susceptible to the negative transfer issue(2) the corresponding feature schema of each entity is not exactly aligned (e.g., price is an essential feature for selling product while missing for content posts), making the existing approaches no longer appropriate. Recent researchers have also experimented with the pre-training and fine-tuning paradigm. Again, they only take into account the scenarios with the same entity type and feature schemas, which is inappropriate in our case. To this end, we design a pre-training & fine-tuning based Multi-entity Knowledge Transfer framework called MKT. MKT utilizes a multi-entity pre-training module to extract transferable knowledge across different entities. In particular, a feature alignment module is first applied to scale and align different feature schemas. Afterward, a couple of knowledge extractors are employed to extract the common and independent knowledge. In the end, the extracted common knowledge is adopted for target entity model training. Through extensive offline and online experiments on public and industrial datasets, we demonstrated the superiority of MKT over multiple State-Of-The-Art methods. MKT has also been deployed for content post recommendations on our production system.

Most recommendation systems typically follow a product-based paradigm utilizing user-product interactions to identify the most engaging items for users. However, this product-based paradigm has notable drawbacks for Xianyu~. Xianyu is China's largest online C2C e-commerce platform where a large portion of the product are post by individual sellers. Most of the product on Xianyu posted from individual sellers often have limited stock available for distribution, and once the product is sold, it's no longer available for distribution. This result in most items distributed product on Xianyu having relatively few interactions, affecting the effectiveness of traditional recommendation depending on accumulating user-item interactions. To address these issues, we introduce IU4Rec, an Interest Unit-based two-stage Recommendation system framework. We first group products into clusters based on attributes such as category, image, and semantics. These IUs are then integrated into the Recommendation system, delivering both product and technological innovations. IU4Rec begins by grouping products into clusters based on attributes such as category, image, and semantics, forming Interest Units (IUs). Then we redesign the recommendation process into two stages. In the first stage, the focus is on recommend these Interest Units, capturing broad-level interests. In the second stage, it guides users to find the best option among similar products within the selected Interest Unit. User-IU interactions are incorporated into our ranking models, offering the advantage of more persistent IU behaviors compared to item-specific interactions. This interest unit based recommendation can be beneficial from mitigating the side effect of limited-stock problem, since most interaction can be gathered on interest units which can persist and accumulate over time. Experimental results on the production dataset and online A/B testing demonstrate the effectiveness and superiority of our proposed IU-centric recommendation approach. This study not only advances recommendation technologies but also emphasizes the potential for co-evolution between product innovations and the technologies involved in item supply and distribution.

With the rapid growth of geographic applications, automatable and intelligent models are essential to be designed to handle the large volume of information. However, few researchers focus on geographic natural language processing, and there has never been a benchmark to build a unified standard. In this work, we propose a GeoGraphic Language Understanding Evaluation benchmark, named GeoGLUE. We collect data from open-released geographic resources and introduce six natural language understanding tasks, including geographic textual similarity on recall, geographic textual similarity on rerank, geographic elements tagging, geographic composition analysis, geographic where what cut, and geographic entity alignment. We also provide evaluation experiments and analysis of general baselines, indicating the effectiveness and significance of the GeoGLUE benchmark ( https://modelscope.cn/datasets/iic/GeoGLUE/summary ).

Query and point of interest (POI) matching is a core task in location-based services~(LBS), e.g., navigation maps. It connects users' intent with real-world geographic information. Lately, pre-trained language models (PLMs) have made notable advancements in many natural language processing (NLP) tasks. To overcome the limitation that generic PLMs lack geographic knowledge for query-POI matching, related literature attempts to employ continued pre-training based on domain-specific corpus. However, a query generally describes the geographic context (GC) about its destination and contains mentions of multiple geographic objects like nearby roads and regions of interest (ROIs). These diverse geographic objects and their correlations are pivotal to retrieving the most relevant POI. Text-based single-modal PLMs can barely make use of the important GC and are therefore limited. In this work, we propose a novel method for query-POI matching, namely Multi-modal Geographic language model (MGeo), which comprises a geographic encoder and a multi-modal interaction module. Representing GC as a new modality, MGeo is able to fully extract multi-modal correlations to perform accurate query-POI matching. Moreover, there exists no publicly available query-POI matching benchmark. Intending to facilitate further research, we build a new open-source large-scale benchmark for this topic, i.e., Geographic TExtual Similarity (GeoTES). The POIs come from an open-source geographic information system (GIS) and the queries are manually generated by annotators to prevent privacy issues. Compared with several strong baselines, the extensive experiment results and detailed ablation analyses demonstrate that our proposed multi-modal geographic pre-training method can significantly improve the query-POI matching capability of PLMs with or without users' locations. Our code and benchmark are publicly available at https://github.com/PhantomGrapes/MGeo.

Dialogue Topic Segmentation (DTS) plays an essential role in a variety of dialogue modeling tasks. Previous DTS methods either focus on semantic similarity or dialogue coherence to assess topic similarity for unsupervised dialogue segmentation. However, the topic similarity cannot be fully identified via semantic similarity or dialogue coherence. In addition, the unlabeled dialogue data, which contains useful clues of utterance relationships, remains underexploited. In this paper, we propose a novel unsupervised DTS framework, which learns topic-aware utterance representations from unlabeled dialogue data through neighboring utterance matching and pseudo-segmentation. Extensive experiments on two benchmark datasets (i.e., DialSeg711 and Doc2Dial) demonstrate that our method significantly outperforms the strong baseline methods. For reproducibility, we provide our code and data at: https://github.com/AlibabaResearch/DAMO-ConvAI/tree/main/dial-start.

Table-based reasoning has shown remarkable progress in a wide range of table-based tasks. It is a challenging task, which requires reasoning over both free-form natural language (NL) questions and (semi-)structured tabular data. However, previous table-based reasoning solutions usually suffer from significant performance degradation on ''huge'' evidence (tables). In addition, most existing methods struggle to reason over complex questions since the essential information is scattered in different places. To alleviate the above challenges, we exploit large language models (LLMs) as decomposers for effective table-based reasoning, which (i) decompose huge evidence (a huge table) into sub-evidence (a small table) to mitigate the interference of useless information for table reasoning, and (ii) decompose a complex question into simpler sub-questions for text reasoning. First, we use a powerful LLM to decompose the evidence involved in the current question into the sub-evidence that retains the relevant information and excludes the remaining irrelevant information from the ''huge'' evidence. Second, we propose a novel ''parsing-execution-filling'' strategy to decompose a complex question into simper step-by-step sub-questions by generating intermediate SQL queries as a bridge to produce numerical and logical sub-questions with a powerful LLM. Finally, we leverage the decomposed sub-evidence and sub-questions to get the final answer with a few in-context prompting examples. Extensive experiments on three benchmark datasets (TabFact, WikiTableQuestion, and FetaQA) demonstrate that our method achieves significantly better results than competitive baselines for table-based reasoning. Notably, our method outperforms human performance for the first time on the TabFact dataset. In addition to impressive overall performance, our method also has the advantage of interpretability, where the returned results are to some extent tractable with the generated sub-evidence and sub-questions. For reproducibility, we release our source code and data at: https://github.com/AlibabaResearch/DAMO-ConvAI.

The Visual Question Answering (VQA) task utilizes both visual image and language analysis to answer a textual question with respect to an image. It has been a popular research topic with an increasing number of real-world applications in the last decade. This paper introduces a novel hierarchical integration of vision and language AliceMind-MMU (ALIbaba’s Collection of Encoder-decoders from Machine IntelligeNce lab of Damo academy - MultiMedia Understanding) , which leads to similar or even slightly better results than a human being does on VQA. A hierarchical framework is designed to tackle the practical problems of VQA in a cascade manner including: (1) diverse visual semantics learning for comprehensive image content understanding; (2) enhanced multi-modal pre-training with modality adaptive attention; and (3) a knowledge-guided model integration with three specialized expert modules for the complex VQA task. Treating different types of visual questions with corresponding expertise needed plays an important role in boosting the performance of our VQA architecture up to the human level. An extensive set of experiments and analysis are conducted to demonstrate the effectiveness of the new research work.

In this paper, we present Duplex Conversation, a multi-turn, multimodal spoken dialogue system that enables telephone-based agents to interact with customers like a human. We use the concept of full-duplex in telecommunication to demonstrate what a human-like interactive experience should be and how to achieve smooth turn-taking through three subtasks: user state detection, backchannel selection, and barge-in detection. Besides, we propose semi-supervised learning with multimodal data augmentation to leverage unlabeled data to increase model generalization. Experimental results on three sub-tasks show that the proposed method achieves consistent improvements compared with baselines. We deploy the Duplex Conversation to Alibaba intelligent customer service and share lessons learned in production. Online A/B experiments show that the proposed system can significantly reduce response latency by 50%.

The importance of building text-to-SQL parsers which can be applied to new databases has long been acknowledged, and a critical step to achieve this goal is schema linking, i.e., properly recognizing mentions of unseen columns or tables when generating SQLs. In this work, we propose a novel framework to elicit relational structures from large-scale pre-trained language models (PLMs) via a probing procedure based on Poincaré distance metric, and use the induced relations to augment current graph-based parsers for better schema linking. Compared with commonly-used rule-based methods for schema linking, we found that probing relations can robustly capture semantic correspondences, even when surface forms of mentions and entities differ. Moreover, our probing procedure is entirely unsupervised and requires no additional parameters. Extensive experiments show that our framework sets new state-of-the-art performance on three benchmarks. We empirically verify that our probing procedure can indeed find desired relational structures through qualitative analysis.

Pre-trained language models have contributed significantly to relation extraction by demonstrating remarkable few-shot learning abilities. However, prompt tuning methods for relation extraction may still fail to generalize to those rare or hard patterns. Note that the previous parametric learning paradigm can be viewed as memorization regarding training data as a book and inference as the close-book test. Those long-tailed or hard patterns can hardly be memorized in parameters given few-shot instances. To this end, we regard RE as an open-book examination and propose a new semiparametric paradigm of retrieval-enhanced prompt tuning for relation extraction. We construct an open-book datastore for retrieval regarding prompt-based instance representations and corresponding relation labels as memorized key-value pairs. During inference, the model can infer relations by linearly interpolating the base output of PLM with the non-parametric nearest neighbor distribution over the datastore. In this way, our model not only infers relation through knowledge stored in the weights during training but also assists decision-making by unwinding and querying examples in the open-book datastore. Extensive experiments on benchmark datasets show that our method can achieve state-of-the-art in both standard supervised and few-shot settings

Multimodal Knowledge Graphs (MKGs), which organize visual-text factual knowledge, have recently been successfully applied to tasks such as information retrieval, question answering, and recommendation system. Since most MKGs are far from complete, extensive knowledge graph completion studies have been proposed focusing on the multimodal entity, relation extraction and link prediction. However, different tasks and modalities require changes to the model architecture, and not all images/objects are relevant to text input, which hinders the applicability to diverse real-world scenarios. In this paper, we propose a hybrid transformer with multi-level fusion to address those issues. Specifically, we leverage a hybrid transformer architecture with unified input-output for diverse multimodal knowledge graph completion tasks. Moreover, we propose multi-level fusion, which integrates visual and text representation via coarse-grained prefix-guided interaction and fine-grained correlation-aware fusion modules. We conduct extensive experiments to validate that our MKGformer can obtain SOTA performance on four datasets of multimodal link prediction, multimodal RE, and multimodal NER1. https://github.com/zjunlp/MKGformer.

Recently, pre-training methods have shown remarkable success in task-oriented dialog (TOD) systems. However, most existing pre-trained models for TOD focus on either dialog understanding or dialog generation, but not both. In this paper, we propose SPACE, a novel unified pre-trained dialog model learning from large-scale dialog corpora with limited annotations, which can be effectively fine-tuned on a wide range of downstream dialog tasks. Specifically, SPACE consists of four successive components in a single transformer to maintain a task-flow in TOD systems: (i) a dialog encoding module to encode dialog history, (ii) a dialog understanding module to extract semantic vectors from either user queries or system responses, (iii) a dialog policy module to generate a policy vector that contains high-level semantics of the response, and (iv) a dialog generation module to produce appropriate responses. We design a dedicated pre-training objective for each component. Concretely, we pre-train the dialog encoding module with span mask language modeling to learn contextualized dialog information. To capture the structured dialog semantics, we pre-train the dialog understanding module via a novel tree-induced semi-supervised contrastive learning objective with the help of extra dialog annotations. In addition, we pre-train the dialog policy module by minimizing the ℒ2 distance between its output policy vector and the semantic vector of the response for policy optimization. Finally, the dialog generation model is pre-trained by language modeling. Results show that SPACE achieves state-of-the-art performance on eight downstream dialog benchmarks, including intent prediction, dialog state tracking, and end-to-end dialog modeling. We also show that SPACE has a stronger few-shot ability than existing models under the low-resource setting.

Recently, prompt-tuning has achieved promising results for specific few-shot classification tasks. The core idea of prompt-tuning is to insert text pieces (i.e., templates) into the input and transform a classification task into a masked language modeling problem. However, for relation extraction, determining an appropriate prompt template requires domain expertise, and it is cumbersome and time-consuming to obtain a suitable label word. Furthermore, there exists abundant semantic and prior knowledge among the relation labels that cannot be ignored. To this end, we focus on incorporating knowledge among relation labels into prompt-tuning for relation extraction and propose a Knowledge-aware Prompt-tuning approach with synergistic optimization (KnowPrompt). Specifically, we inject latent knowledge contained in relation labels into prompt construction with learnable virtual type words and answer words. Then, we synergistically optimize their representation with structured constraints. Extensive experimental results on five datasets with standard and low-resource settings demonstrate the effectiveness of our approach. Our code and datasets are available in GitHub1 for reproducibility.

Aiming at expanding few-shot relations' coverage in knowledge graphs (KGs), few-shot knowledge graph completion (FKGC) has recently gained more research interests. Some existing models employ a few-shot relation's multi-hop neighbor information to enhance its semantic representation. However, noise neighbor information might be amplified when the neighborhood is excessively sparse and no neighbor is available to represent the few-shot relation. Moreover, modeling and inferring complex relations of one-to-many (1-N), many-to-one (N-1), and many-to-many (N-N) by previous knowledge graph completion approaches requires high model complexity and a large amount of training instances. Thus, inferring complex relations in the few-shot scenario is difficult for FKGC models due to limited training instances. In this paper, we propose a few-shot relational learning with global-local framework to address the above issues. At the global stage, a novel gated and attentive neighbor aggregator is built for accurately integrating the semantics of a few-shot relation's neighborhood, which helps filtering the noise neighbors even if a KG contains extremely sparse neighborhoods. For the local stage, a meta-learning based TransH (MTransH) method is designed to model complex relations and train our model in a few-shot learning fashion. Extensive experiments show that our model outperforms the state-of-the-art FKGC approaches on the frequently-used benchmark datasets NELL-One and Wiki-One. Compared with the strong baseline model MetaR, our model achieves 5-shot FKGC performance improvements of 8.0% on NELL-One and 2.8% on Wiki-One by the metric [email protected]

Traditional isolated monolingual name taggers tend to yield inconsistent results across two languages. In this paper, we propose two novel approaches to jointly and consistently extract names from parallel corpora. The first approach uses standard linear-chain Conditional Random Fields (CRFs) as the learning framework, incorporating cross-lingual features propagated between two languages. The second approach is based on a joint CRFs model to jointly decode sentence pairs, incorporating bilingual factors based on word alignment. Experiments on Chinese-English parallel corpora demonstrated that the proposed methods significantly outperformed monolingual name taggers, were robust to automatic alignment noise and achieved state-of-the-art performance. With only 20%of the training data, our proposed methods can already achieve better performance compared to the baseline learned from the whole training set.1

Translating out-of-vocabulary (OOV) terms is a great challenge for the Cross-lingual Information Retrieval and Data-driven Machine Translation systems. Several approaches have been proposed to mine translations for OOV terms from the web, especially from pages containing mixed languages. In this paper, we propose a novel approach to automatically translate OOV terms on the fly through cross-lingual query expansion. The proposed approach does not require any web crawling and has achieved an inclusion rate of 95% and overall translation accuracy of 90%, outperforming state-of-the-art OOV translation techniques.