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This paper investigates how Large Language Models (LLMs) from leading providers (OpenAI, Google, Anthropic, DeepSeek, and xAI) can be applied to quantitative sector-based portfolio construction. We use LLMs to identify investable universes…

Portfolio Management · Quantitative Finance 2026-01-01 Alina Voronina , Oleksandr Romanko , Ruiwen Cao , Roy H. Kwon , Rafael Mendoza-Arriaga

Accurate load forecasting is crucial for maintaining the power balance between generators and consumers,particularly with the increasing integration of renewable energy sources, which introduce significant intermittent volatility. With the…

Systems and Control · Electrical Eng. & Systems 2024-09-04 Mingyang Gao , Suyang Zhou , Wei Gu , Zhi Wu , Haiquan Liu , Aihua Zhou

How can small-scale large language models (LLMs) efficiently utilize the supervision of LLMs to improve their generative quality? This question has been well studied in scenarios where there is no restriction on the number of LLM…

Computation and Language · Computer Science 2024-10-04 Hyunjong Ok , Jegwang Ryu , Jaeho Lee

Large decoder-only language models (LMs) can be largely improved in terms of perplexity by retrieval (e.g., RETRO), but its impact on text generation quality and downstream task accuracy is unclear. Thus, it is still an open question: shall…

Computation and Language · Computer Science 2023-12-22 Boxin Wang , Wei Ping , Peng Xu , Lawrence McAfee , Zihan Liu , Mohammad Shoeybi , Yi Dong , Oleksii Kuchaiev , Bo Li , Chaowei Xiao , Anima Anandkumar , Bryan Catanzaro

Recent advances in Large Language Models (LLMs) have opened new perspectives for automation in optimization. While several studies have explored how LLMs can generate or solve optimization models, far less is understood about what these…

Artificial Intelligence · Computer Science 2025-12-16 Francesca Da Ros , Luca Di Gaspero , Kevin Roitero

Large language models are increasingly applied to materials science, yet fundamental questions remain about their reliability and knowledge encoding. Evaluating 25 LLMs across four materials science tasks -- over 200 base and fine-tuned…

Materials Science · Physics 2026-03-03 Vineeth Venugopal , Soroush Mahjoubi , Elsa Olivetti

Text ranking is a critical task in information retrieval. Recent advances in pre-trained language models (PLMs), especially large language models (LLMs), present new opportunities for applying them to text ranking. While supervised…

Information Retrieval · Computer Science 2024-06-04 Longhui Zhang , Yanzhao Zhang , Dingkun Long , Pengjun Xie , Meishan Zhang , Min Zhang

Decoder-only LLMs have shown impressive performance in MT due to their ability to learn from extensive datasets and generate high-quality translations. However, LLMs often struggle with the nuances and style required for…

Computation and Language · Computer Science 2024-09-11 Inacio Vieira , Will Allred , Séamus Lankford , Sheila Castilho , Andy Way

Recently, Large Language Models (LLMs) have attracted significant attention for their exceptional performance across a broad range of tasks, particularly in text analysis. However, the finance sector presents a distinct challenge due to its…

Computation and Language · Computer Science 2024-06-18 Meiyun Wang , Kiyoshi Izumi , Hiroki Sakaji

Unlocking the potential of Large Language Models (LLMs) in data classification represents a promising frontier in natural language processing. In this work, we evaluate the performance of different LLMs in comparison with state-of-the-art…

Computation and Language · Computer Science 2025-01-16 Arina Kostina , Marios D. Dikaiakos , Dimosthenis Stefanidis , George Pallis

Despite their success in many natural language tasks, solving math problems remains a significant challenge for large language models (LLMs). A large gap exists between LLMs' pass-at-one and pass-at-N performance in solving math problems,…

Computation and Language · Computer Science 2023-10-17 Yixin Liu , Avi Singh , C. Daniel Freeman , John D. Co-Reyes , Peter J. Liu

Large language models (LLMs) are trained on text-only data that go far beyond the languages with paired speech and text data. At the same time, Dual Encoder (DE) based retrieval systems project queries and documents into the same embedding…

Computation and Language · Computer Science 2024-07-11 Frank Palma Gomez , Ramon Sanabria , Yun-hsuan Sung , Daniel Cer , Siddharth Dalmia , Gustavo Hernandez Abrego

Speculative decoding accelerates LLM inference by utilizing otherwise idle computational resources during memory-to-chip data transfer. Current speculative decoding methods typically assume a considerable amount of available computing…

Computation and Language · Computer Science 2025-11-26 Luohe Shi , Zuchao Li , Lefei Zhang , Baoyuan Qi , Guoming Liu , Hai Zhao

Financial sentiment analysis plays a crucial role in informing investment decisions, assessing market risk, and predicting stock price trends. Existing works in financial sentiment analysis have not considered the impact of stock prices or…

Artificial Intelligence · Computer Science 2025-12-25 Chaithra , Kamesh Kadimisetty , Biju R Mohan

Large language models (LLMs) have become proficient at solving a wide variety of tasks, including those involving multi-modal inputs. In particular, instantiating an LLM (such as LLaMA) with a speech encoder and training it on paired data…

Audio and Speech Processing · Electrical Eng. & Systems 2024-09-13 Desh Raj , Gil Keren , Junteng Jia , Jay Mahadeokar , Ozlem Kalinli

Prior research shows that large language models (LLMs) exhibit systematic extrapolation bias when forming predictions from both experimental and real-world data, and that prompt-based approaches appear limited in alleviating this bias. We…

General Finance · Quantitative Finance 2026-05-05 Zhenyu Gao , Wenxi Jiang , Yutong Yan

Large Language Models (LLMs) have demonstrated impressive capabilities across diverse Natural Language Processing (NLP) tasks, including language understanding, reasoning, and generation. However, general-domain LLMs often struggle with…

Computation and Language · Computer Science 2024-11-06 Sorouralsadat Fatemi , Yuheng Hu , Maryam Mousavi

Learning high-quality text representations is fundamental to a wide range of NLP tasks. While encoder pretraining has traditionally relied on Masked Language Modeling (MLM), recent evidence suggests that decoder models pretrained with…

Large language models (LLMs) enable researchers to analyze text at unprecedented scale and minimal cost. Researchers can now revisit old questions and tackle novel ones with rich data. We provide an econometric framework for realizing this…

Econometrics · Economics 2025-12-08 Jens Ludwig , Sendhil Mullainathan , Ashesh Rambachan

In recent years, Large Language Models (LLMs) have demonstrated remarkable versatility across various applications, including natural language understanding, domain-specific knowledge tasks, etc. However, applying LLMs to complex,…

Computation and Language · Computer Science 2024-11-12 Xinqi Yang , Scott Zang , Yong Ren , Dingjie Peng , Zheng Wen
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