pwc-archive/papers-with-abstracts huggingface dataset:
FinRobot: AI Agent for Equity Research and Valuation with Large Language Models
Authors: Tianyu Zhou, Pinqiao Wang, Yilin Wu, Hongyang Yang
Date: 2024-11-13 00:00:00
Tasks: AI Agent

As financial markets grow increasingly complex, there is a rising need for automated tools that can effectively assist human analysts in equity research, particularly within sell-side research. While Generative AI (GenAI) has attracted significant attention in this field, existing AI solutions often fall short due to their narrow focus on technical factors and limited capacity for discretionary judgment. These limitations hinder their ability to adapt to new data in real-time and accurately assess risks, which diminishes their practical value for investors. This paper presents FinRobot, the first AI agent framework specifically designed for equity research. FinRobot employs a multi-agent Chain of Thought (CoT) system, integrating both quantitative and qualitative analyses to emulate the comprehensive reasoning of a human analyst. The system is structured around three specialized agents: the Data-CoT Agent, which aggregates diverse data sources for robust financial integration; the Concept-CoT Agent, which mimics an analysts reasoning to generate actionable insights; and the Thesis-CoT Agent, which synthesizes these insights into a coherent investment thesis and report. FinRobot provides thorough company analysis supported by precise numerical data, industry-appropriate valuation metrics, and realistic risk assessments. Its dynamically updatable data pipeline ensures that research remains timely and relevant, adapting seamlessly to new financial information. Unlike existing automated research tools, such as CapitalCube and Wright Reports, FinRobot delivers insights comparable to those produced by major brokerage firms and fundamental research vendors. We open-source FinRobot at \url{https://github. com/AI4Finance-Foundation/FinRobot}.
Deep Learning Accelerated Quantum Transport Simulations in Nanoelectronics: From Break Junctions to Field-Effect Transistors
Authors: Jijie Zou, Zhanghao Zhouyin, Dongying Lin, Linfeng Zhang, Shimin Hou, Qiangqiang Gu
Date: 2024-11-13 00:00:00
Tasks: Computational Efficiency

Quantum transport calculations are essential for understanding and designing nanoelectronic devices, yet the trade-off between accuracy and computational efficiency has long limited their practical applications. We present a general framework that combines the deep learning tight-binding Hamiltonian (DeePTB) approach with the non-equilibrium Green's Function (NEGF) method, enabling efficient quantum transport calculations while maintaining first-principles accuracy. We demonstrate the capabilities of the DeePTB-NEGF framework through two representative applications: comprehensive simulation of break junction systems, where conductance histograms show good agreement with experimental measurements in both metallic contact and single-molecule junction cases; and simulation of carbon nanotube field effect transistors through self-consistent NEGF-Poisson calculations, capturing essential physics including the electrostatic potential and transfer characteristic curves under finite bias conditions. This framework bridges the gap between first-principles accuracy and computational efficiency, providing a powerful tool for high-throughput quantum transport simulations across different scales in nanoelectronics.
Learning Gaussian Multi-Index Models with Gradient Flow: Time Complexity and Directional Convergence
Authors: Berfin Şimşek, Amire Bendjeddou, Daniel Hsu
Date: 2024-11-13 00:00:00

This work focuses on the gradient flow dynamics of a neural network model that uses correlation loss to approximate a multi-index function on high-dimensional standard Gaussian data. Specifically, the multi-index function we consider is a sum of neurons $f^*(x) \!=\! \sum_{j=1}^k \! \sigma^*(v_j^T x)$ where $v_1, \dots, v_k$ are unit vectors, and $\sigma^*$ lacks the first and second Hermite polynomials in its Hermite expansion. It is known that, for the single-index case ($k\!=\!1$), overcoming the search phase requires polynomial time complexity. We first generalize this result to multi-index functions characterized by vectors in arbitrary directions. After the search phase, it is not clear whether the network neurons converge to the index vectors, or get stuck at a sub-optimal solution. When the index vectors are orthogonal, we give a complete characterization of the fixed points and prove that neurons converge to the nearest index vectors. Therefore, using $n \! \asymp \! k \log k$ neurons ensures finding the full set of index vectors with gradient flow with high probability over random initialization. When $ v_i^T v_j \!=\! \beta \! \geq \! 0$ for all $i \neq j$, we prove the existence of a sharp threshold $\beta_c \!=\! c/(c+k)$ at which the fixed point that computes the average of the index vectors transitions from a saddle point to a minimum. Numerical simulations show that using a correlation loss and a mild overparameterization suffices to learn all of the index vectors when they are nearly orthogonal, however, the correlation loss fails when the dot product between the index vectors exceeds a certain threshold.
Locally Private Sampling with Public Data
Authors: Behnoosh Zamanlooy, Mario Diaz, Shahab Asoodeh
Date: 2024-11-13 00:00:00
Tasks: Privacy Preserving

Local differential privacy (LDP) is increasingly employed in privacy-preserving machine learning to protect user data before sharing it with an untrusted aggregator. Most LDP methods assume that users possess only a single data record, which is a significant limitation since users often gather extensive datasets (e.g., images, text, time-series data) and frequently have access to public datasets. To address this limitation, we propose a locally private sampling framework that leverages both the private and public datasets of each user. Specifically, we assume each user has two distributions: $p$ and $q$ that represent their private dataset and the public dataset, respectively. The objective is to design a mechanism that generates a private sample approximating $p$ while simultaneously preserving $q$. We frame this objective as a minimax optimization problem using $f$-divergence as the utility measure. We fully characterize the minimax optimal mechanisms for general $f$-divergences provided that $p$ and $q$ are discrete distributions. Remarkably, we demonstrate that this optimal mechanism is universal across all $f$-divergences. Experiments validate the effectiveness of our minimax optimal sampler compared to the state-of-the-art locally private sampler.
Optimal Oblivious Subspace Embeddings with Near-optimal Sparsity
Authors: Shabarish Chenakkod, Michał Dereziński, Xiaoyu Dong
Date: 2024-11-13 00:00:00

An oblivious subspace embedding is a random $m\times n$ matrix $\Pi$ such that, for any $d$-dimensional subspace, with high probability $\Pi$ preserves the norms of all vectors in that subspace within a $1\pm\epsilon$ factor. In this work, we give an oblivious subspace embedding with the optimal dimension $m=\Theta(d/\epsilon^2)$ that has a near-optimal sparsity of $\tilde O(1/\epsilon)$ non-zero entries per column of $\Pi$. This is the first result to nearly match the conjecture of Nelson and Nguyen [FOCS 2013] in terms of the best sparsity attainable by an optimal oblivious subspace embedding, improving on a prior bound of $\tilde O(1/\epsilon^6)$ non-zeros per column [Chenakkod et al., STOC 2024]. We further extend our approach to the non-oblivious setting, proposing a new family of Leverage Score Sparsified embeddings with Independent Columns, which yield faster runtimes for matrix approximation and regression tasks. In our analysis, we develop a new method which uses a decoupling argument together with the cumulant method for bounding the edge universality error of isotropic random matrices. To achieve near-optimal sparsity, we combine this general-purpose approach with new traces inequalities that leverage the specific structure of our subspace embedding construction.
Mapping Methane -- The Impact of Dairy Farm Practices on Emissions Through Satellite Data and Machine Learning
Authors: Hanqing Bi, Suresh Neethirajan
Date: 2024-11-13 00:00:00
Tasks: Feature Importance

This study investigates the correlation between dairy farm characteristics and methane concentrations as derived from satellite observations in Eastern Canada. Utilizing data from 11 dairy farms collected between January 2020 and December 2022, we integrated Sentinel-5P satellite methane data with critical farm-level attributes, including herd genetics, feeding practices, and management strategies. Initial analyses revealed significant correlations with methane concentrations, leading to the application of Variance Inflation Factor (VIF) and Principal Component Analysis (PCA) to address multicollinearity and enhance model stability. Subsequently, machine learning models - specifically Random Forest and Neural Networks - were employed to evaluate feature importance and predict methane emissions. Our findings indicate a strong negative correlation between the Estimated Breeding Value (EBV) for protein percentage and methane concentrations, suggesting that genetic selection for higher milk protein content could be an effective strategy for emissions reduction. The integration of atmospheric transport models with satellite data further refined our emission estimates, significantly enhancing accuracy and spatial resolution. This research underscores the potential of advanced satellite monitoring, machine learning techniques, and atmospheric modeling in improving methane emission assessments within the dairy sector. It emphasizes the critical role of farm-specific characteristics in developing effective mitigation strategies. Future investigations should focus on expanding the dataset and incorporating inversion modeling for more precise emission quantification. Balancing ecological impacts with economic viability will be essential for fostering sustainable dairy farming practices.
Energy Dissipation Preserving Physics Informed Neural Network for Allen-Cahn Equations
Authors: Mustafa Kütük, Hamdullah Yücel
Date: 2024-11-13 00:00:00

This paper investigates a numerical solution of Allen-Cahn equation with constant and degenerate mobility, with polynomial and logarithmic energy functionals, with deterministic and random initial functions, and with advective term in one, two, and three spatial dimensions, based on the physics-informed neural network (PINN). To improve the learning capacity of the PINN, we incorporate the energy dissipation property of the Allen-Cahn equation as a penalty term into the loss function of the network. To facilitate the learning process of random initials, we employ a continuous analogue of the initial random condition by utilizing the Fourier series expansion. Adaptive methods from traditional numerical analysis are also integrated to enhance the effectiveness of the proposed PINN. Numerical results indicate a consistent decrease in the discrete energy, while also revealing phenomena such as phase separation and metastability.
ScaleNet: Scale Invariance Learning in Directed Graphs
Authors: Qin Jiang, Chengjia Wang, Michael Lones, Yingfang Yuan, Wei Pang
Date: 2024-11-13 00:00:00
Tasks: Classification, Graph Learning, image-classification, Image Classification, Node Classification

Graph Neural Networks (GNNs) have advanced relational data analysis but lack invariance learning techniques common in image classification. In node classification with GNNs, it is actually the ego-graph of the center node that is classified. This research extends the scale invariance concept to node classification by drawing an analogy to image processing: just as scale invariance being used in image classification to capture multi-scale features, we propose the concept of ``scaled ego-graphs''. Scaled ego-graphs generalize traditional ego-graphs by replacing undirected single-edges with ``scaled-edges'', which are ordered sequences of multiple directed edges. We empirically assess the performance of the proposed scale invariance in graphs on seven benchmark datasets, across both homophilic and heterophilic structures. Our scale-invariance-based graph learning outperforms inception models derived from random walks by being simpler, faster, and more accurate. The scale invariance explains inception models' success on homophilic graphs and limitations on heterophilic graphs. To ensure applicability of inception model to heterophilic graphs as well, we further present ScaleNet, an architecture that leverages multi-scaled features. ScaleNet achieves state-of-the-art results on five out of seven datasets (four homophilic and one heterophilic) and matches top performance on the remaining two, demonstrating its excellent applicability. This represents a significant advance in graph learning, offering a unified framework that enhances node classification across various graph types. Our code is available at https://github.com/Qin87/ScaleNet/tree/July25.
Optimal Transport-Based Displacement Interpolation with Data Augmentation for Reduced Order Modeling of Nonlinear Dynamical Systems
Authors: Moaad Khamlich, Federico Pichi, Michele Girfoglio, Annalisa Quaini, Gianluigi Rozza
Date: 2024-11-13 00:00:00
Tasks: Data Augmentation

We present a novel reduced-order Model (ROM) that leverages optimal transport (OT) theory and displacement interpolation to enhance the representation of nonlinear dynamics in complex systems. While traditional ROM techniques face challenges in this scenario, especially when data (i.e., observational snapshots) is limited, our method addresses these issues by introducing a data augmentation strategy based on OT principles. The proposed framework generates interpolated solutions tracing geodesic paths in the space of probability distributions, enriching the training dataset for the ROM. A key feature of our approach is its ability to provide a continuous representation of the solution's dynamics by exploiting a virtual-to-real time mapping. This enables the reconstruction of solutions at finer temporal scales than those provided by the original data. To further improve prediction accuracy, we employ Gaussian Process Regression to learn the residual and correct the representation between the interpolated snapshots and the physical solution. We demonstrate the effectiveness of our methodology with atmospheric mesoscale benchmarks characterized by highly nonlinear, advection-dominated dynamics. Our results show improved accuracy and efficiency in predicting complex system behaviors, indicating the potential of this approach for a wide range of applications in computational physics and engineering.
Bayesian Comparisons Between Representations
Authors: Heiko H. Schütt
Date: 2024-11-13 00:00:00
Tasks: Inductive Bias

Which neural networks are similar is a fundamental question for both machine learning and neuroscience. Here, it is proposed to base comparisons on the predictive distributions of linear readouts from intermediate representations. In Bayesian statistics, the prior predictive distribution is a full description of the inductive bias and generalization of a model, making it a great basis for comparisons. This distribution directly gives the evidence a dataset would provide in favor of the model. If we want to compare multiple models to each other, we can use a metric for probability distributions like the Jensen-Shannon distance or the total variation distance. As these are metrics, this induces pseudo-metrics for representations, which measure how well two representations could be distinguished based on a linear read out. For a linear readout with a Gaussian prior on the read-out weights and Gaussian noise, we can analytically compute the (prior and posterior) predictive distributions without approximations. These distributions depend only on the linear kernel matrix of the representations in the model. Thus, the Bayesian metrics connect to both linear read-out based comparisons and kernel based metrics like centered kernel alignment and representational similarity analysis. The new methods are demonstrated with deep neural networks trained on ImageNet-1k comparing them to each other and a small subset of the Natural Scenes Dataset. The Bayesian comparisons are correlated to but distinct from existing metrics. Evaluations vary slightly less across random image samples and yield informative results with full uncertainty information. Thus the proposed Bayesian metrics nicely extend our toolkit for comparing representations.
Recommender systems and reinforcement learning for human-building interaction and context-aware support: A text mining-driven review of scientific literature
Authors: WenHao Zhang, Matias Quintana, Clayton Miller
Date: 2024-11-13 00:00:00
Tasks: Articles, Collaborative Filtering, Product Recommendation, Recommendation Systems, reinforcement-learning, Reinforcement Learning, Reinforcement Learning (RL)

The indoor environment significantly impacts human health and well-being; enhancing health and reducing energy consumption in these settings is a central research focus. With the advancement of Information and Communication Technology (ICT), recommendation systems and reinforcement learning (RL) have emerged as promising approaches to induce behavioral changes to improve the indoor environment and energy efficiency of buildings. This study aims to employ text mining and Natural Language Processing (NLP) techniques to thoroughly examine the connections among these approaches in the context of human-building interaction and occupant context-aware support. The study analyzed 27,595 articles from the ScienceDirect database, revealing extensive use of recommendation systems and RL for space optimization, location recommendations, and personalized control suggestions. Furthermore, this review underscores the vast potential for expanding recommender systems and RL applications in buildings and indoor environments. Fields ripe for innovation include predictive maintenance, building-related product recommendation, and optimization of environments tailored for specific needs, such as sleep and productivity enhancements based on user feedback. The study also notes the limitations of the method in capturing subtle academic nuances. Future improvements could involve integrating and fine-tuning pre-trained language models to better interpret complex texts.
FedSub: Introducing class-aware Subnetworks Fusion to Enhance Personalized Federated Learning in Ubiquitous Systems
Authors: Mattia Giovanni Campana, Franca Delmastro
Date: 2024-11-13 00:00:00
Tasks: Activity Recognition, Federated Learning, Human Activity Recognition, Personalized Federated Learning

Personalized Federated Learning is essential in AI-driven ubiquitous systems, supporting the distributed development of models able to adapt to diverse and evolving user behaviors while safeguarding privacy. Despite addressing heterogeneous user data distributions in collaborative model training, existing methods often face limitations balancing personalization and generalization, oversimplifying user similarities, or relying heavily on global models. In this paper, we propose FedSub, a novel federated approach designed to enhance personalization through the use of class-aware prototypes and model subnetworks. Prototypes serve as compact representations of user data, clustered on the server to identify similarities based on specific label patterns. Concurrently, subnetworks -- model components necessary to process each class -- are extracted locally and fused by the server according to these clusters, producing highly tailored model updates for each user. This fine-grained, class-specific aggregation of clients' models allows FedSub to capture the unique characteristics of individual user data patterns. The effectiveness of FedSub is validated in three real-world scenarios characterized by high data heterogeneity, derived from human activity recognition and mobile health applications. Experimental evaluations demonstrate FedSub's performance improvements with respect to the state-of-the-art and significant advancements in personalization for ubiquitous systems based on personal mobile and wearable devices.
Measuring similarity between embedding spaces using induced neighborhood graphs
Authors: Tiago F. Tavares, Fabio Ayres, Paris Smaragdis
Date: 2024-11-13 00:00:00
Tasks: zero-shot-classification, Zero-Shot Learning

Deep Learning techniques have excelled at generating embedding spaces that capture semantic similarities between items. Often these representations are paired, enabling experiments with analogies (pairs within the same domain) and cross-modality (pairs across domains). These experiments are based on specific assumptions about the geometry of embedding spaces, which allow finding paired items by extrapolating the positional relationships between embedding pairs in the training dataset, allowing for tasks such as finding new analogies, and multimodal zero-shot classification. In this work, we propose a metric to evaluate the similarity between paired item representations. Our proposal is built from the structural similarity between the nearest-neighbors induced graphs of each representation, and can be configured to compare spaces based on different distance metrics and on different neighborhood sizes. We demonstrate that our proposal can be used to identify similar structures at different scales, which is hard to achieve with kernel methods such as Centered Kernel Alignment (CKA). We further illustrate our method with two case studies: an analogy task using GloVe embeddings, and zero-shot classification in the CIFAR-100 dataset using CLIP embeddings. Our results show that accuracy in both analogy and zero-shot classification tasks correlates with the embedding similarity. These findings can help explain performance differences in these tasks, and may lead to improved design of paired-embedding models in the future.
UniMat: Unifying Materials Embeddings through Multi-modal Learning
Authors: Janghoon Ock, Joseph Montoya, Daniel Schweigert, Linda Hung, Santosh K. Suram, Weike Ye
Date: 2024-11-13 00:00:00
Tasks: Decision Making

Materials science datasets are inherently heterogeneous and are available in different modalities such as characterization spectra, atomic structures, microscopic images, and text-based synthesis conditions. The advancements in multi-modal learning, particularly in vision and language models, have opened new avenues for integrating data in different forms. In this work, we evaluate common techniques in multi-modal learning (alignment and fusion) in unifying some of the most important modalities in materials science: atomic structure, X-ray diffraction patterns (XRD), and composition. We show that structure graph modality can be enhanced by aligning with XRD patterns. Additionally, we show that aligning and fusing more experimentally accessible data formats, such as XRD patterns and compositions, can create more robust joint embeddings than individual modalities across various tasks. This lays the groundwork for future studies aiming to exploit the full potential of multi-modal data in materials science, facilitating more informed decision-making in materials design and discovery.