#01Aug 25, 2026
cs.CL
Reading Is Not Using: Retrieval, Judgment, and the Design of AI Financial Research Workflows
Miao Liu, Zhizhe Liu
Large language models (LLMs) are increasingly deployed as AI analysts to process financial disclosures and support AI-assisted investment decisions. Yet such systems are usually evaluated by what they can retrieve, not whether retrieved information affects their judgments. We identify a retrieval-integration gap in long-context financial analysis. Holding focal-firm information fixed and varying only unrelated context from 2,000 to 128,000 tokens, we find that a risk disclosure's influence on investment judgments falls to the experimental noise floor even as direct retrieval remains accurate. The pattern replicates across model families and judgment tasks and in experiments removing real disclosures from actual 10-K filings. More capable models postpone but do not eliminate the gap. Causal memory interventions show that compressed summaries and source-text lookup jointly transmit disclosures into judgments. Workflow architecture determines whether this transmission succeeds: chunk-and-summarize pipelines evict relevant information, whereas a targeted, structured restatement adjacent to the decision restores its influence. AI analyst performance is therefore jointly determined by model capability and workflow architecture. Retrieval-based evaluations can certify systems whose investment judgments ignore information they demonstrably retrieved.
#02Aug 25, 2026
cs.LG
LION: A Clifford Neural Paradigm for Multimodal-Attributed Graph Learning
Xunkai Li, Zekai Chen, Zhengyu Wu and 6 more
Recently, the rapid advancement of multimodal domains has driven a data-centric paradigm shift in graph ML, transitioning from text-attributed to multimodal-attributed graphs. This advancement significantly enhances data representation and expands the scope of graph downstream tasks, such as modality-oriented tasks, thereby improving the practical utility of graph ML. Despite its promise, limitations exist in the current neural paradigms:(1) Neglect Context in Modality Alignment: Most existing methods adopt topology-constrained or modality-specific operators as tokenizers.These aligners inevitably neglect graph context and inhibit modality interaction, resulting in suboptimal alignment.(2) Lack of Adaptation in Modality Fusion: Most existing methods are simple adaptations for 2-modality graphs and fail to adequately exploit aligned tokens equipped with topology priors during fusion, leading to poor generalizability and performance degradation.To address the above issues, we propose LION (c\underline{LI}ff\underline{O}rd \underline{N}eural paradigm) based on the Clifford algebra and decoupled graph neural paradigm (i.e., propagation-then-aggregation) to implement alignment-then-fusion in multimodal-attributed graphs. Specifically, we first construct a modality-aware geometric manifold grounded in Clifford algebra.This geometric-induced high-order graph propagation efficiently achieves modality interaction, facilitating modality alignment.Then, based on the topology-aware Clifford components of aligned tokens, we propose adaptive holographic aggregation. This module integrates component-wise energy and propagation-scale information with learnable parameters to improve modality fusion. Extensive experiments on 9 text-image MAG datasets demonstrate that LION significantly outperforms SOTA baselines across 3 graph and 3 modality downstream tasks.
#03Aug 25, 2026
cs.LG
MDTE: Minority-Aware Diffusion over Temporal Edge Events for Imbalanced Node Classification
Zhou Zelong, Zhang Tianming, Yang Zhengyi and 4 more
Class-imbalanced node classification on temporal graphs is challenging because majority-dominated temporal propagation progressively assimilates minority representations, while conventional node and neighborhood information provides insufficient discriminative evidence for minority classes. To address these issues, we propose MDTE, a minority-aware diffusion framework that reconstructs stable and discriminative temporal edge-event representations through conditional diffusion denoising. Specifically, MDTE introduces Distribution-Aware Selective Propagation, which combines Local Outlier Factor (LOF)-based propagation filtering with cluster-aware low-frequency propagation. The module preserves informative neighborhood dependencies while mitigating harmful propagation and majority-class information assimilation. It further develops Multi-View Discriminative Fusion, which exploits feature reconstruction and topology prediction to characterize class-wise differences in distribution learning and extracts complementary discriminability signals to guide denoising. Experiments on five real-world datasets demonstrate that MDTE consistently achieves the best performance on minority-class-oriented metrics, improving minority-class recall by up to 23.53 percentage points, minority-class F1 by 8.68 percentage points, and AUPRC by 2.67 percentage points over the strongest baselines.
#04Aug 25, 2026
cs.AI
SPO++: Stream-Aligned Policy Optimization for Asynchronous Agentic RL
Kai Ruan, Jinghao Lin, Qianshan Wei and 2 more
Group-relative reinforcement learning waits for sibling rollouts of the same prompt, which is costly for long and variable tool-use trajectories. Single-stream Policy Optimization (SPO) removes this dependency with a persistent prompt-level value estimate, but its recipe whitens one advantage per trajectory before optimizing a token-mean actor loss. We show that trajectory centering generally does not center the token-weighted quantity consumed by the actor, and fix the mismatch by standardizing terminal-outcome advantages under the action-token measure. We additionally organize prompt evidence by the policy event that generated it rather than learner receipt order. Across matched runs on ALFWorld at two model scales and on Math-TIR, SPO++ improves online learning efficiency over SPO. A paired ablation identifies action-token-measure normalization as the strongest tested component.
#05Aug 25, 2026
cs.RO
Do Robotic World Models Really Follow Actions? Diagnosing and Aligning Action-Conditioned Generation for Policy Learning
Sixiang Chen, Jiaming Liu, Jixian Wu and 7 more
Action-conditioned world models are increasingly used as learned simulators for policy evaluation and improvement, yet their effectiveness rests on an unverified assumption: generated futures faithfully reflect arbitrary valid actions. Existing benchmarks are typically confined to expert demonstrations, leaving off-expert action following inadequately evaluated. To address this gap, we introduce WorldEcho, which probes action following over a broader action distribution using visual integrity and SE(3) trajectory alignment. Our diagnosis shows that current world models reasonably execute expert actions but struggle with diverse off-expert trajectories, either ignoring the commanded actions or producing visually invalid rollouts. We further propose WorldSync, which strengthens action following along three complementary axes: distributional coverage, representational grounding, and intervention-effect alignment. It broadens the training distribution over action consequences, grounds intermediate video representations in action-induced robot dynamics through an Action-Forcing Expert, and aligns predicted changes under action interventions with the corresponding changes in ground-truth futures. Experiments on RoboTwin benchmarks and real-robot tasks show that WorldSync improves WorldEcho metrics and serves as a more reliable simulator for iterative policy improvement, enabling policies to achieve higher success rates.