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Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions

Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into "greed" mode as markets are poised to test an unprecedented fundraising wave for giant artificial intelligence firms. Asked by CNBC's Leslie Picker whether markets could support a string of massive equity offerings from the upcoming IPOs of OpenAI, Anthropic and SpaceX, Solomon said that there is ample capital available for the deals. "There's plenty of liquidity in the system if the world continues to...

CNBC 7d ago

Distillation of Large Language Models via Concrete Score Matching

arXiv:2509.25837v3 Announce Type: replace Abstract: Large language models (LLMs) deliver remarkable performance but are costly to deploy, motivating knowledge distillation (KD) for efficient inference. Existing KD objectives typically match student and teacher probabilities via softmax, which blurs valuable logit information. While direct logit distillation (DLD) mitigates softmax smoothing, it fails to account for logit shift invariance, thereby restricting the solution space.

arXiv CS 8d ago

Flow-Transformed Implicit Processes for Function-Space Variational Inference

Announce Type: new Abstract: Implicit-process priors define distributions over functions through flexible generative mechanisms, making them attractive for Bayesian function-space modelling. However, performing posterior inference with such priors is challenging because their induced function-space distributions are typically not available in closed form. One practical strategy is to approximate the prior using a finite collection of sampled functions, and then represent posterior functions...

arXiv CS 8d ago

Improving Bayesian Optimization via Training-Aware Conditional Diffusion Models

arXiv:2606.08438v1 Announce Type: cross Abstract: Bayesian optimization (BO) is a widely used approach for black-box optimization that uses a Gaussian process (GP) as a surrogate and guides sequential evaluations via an acquisition function, with the ultimate goal of locating the global optimum $\mathbf{x}^{\star}$. To align with this goal, information-based acquisition functions such as Predictive Entropy Search (PES) model $\mathbf{x}^{\star}$ as a random variable and reduce the entropy of...

arXiv CS 1d ago

Reducing Hallucinations in Complex Question Answering using Simple Graph-based Retrieval-Augmented Generation (long version)

arXiv:2606.05901v1 Announce Type: new Abstract: Large language models (LLMs) have fundamentally transformed the landscape of Natural Language Processing. Despite these advances, LLMs and LLM-based systems remain prone to a variety of failure modes. Retrieval-augmented generation (RAG) systems have emerged as a common deployment scenario seeking to both avoid the well known risk of the LLM "hallucinating" information, and to enable reasoning and question answering over proprietary information...

arXiv CS 5d ago

No urgent SC hearing on PIL for computer-based NEET re-exam

Supreme Court on Monday refused to grant urgent hearing to a PIL seeking computer-based test (CBT) for the June 21 re-examination of NEET-UG, which was held nationwide on May 3 but was scrapped following allegations of paper leak. A partial-working day bench of Justices P S Narasimha and Aravind Kumar told the petitioner, RJD MP Sudhakar Singh, that similar pleas were dismissed by the SC in the past and posted the matter for hearing in July, thus negating the urgent plea for computer-based...

Times of India 8d ago

How BJP is building its UP pitch well before 2027 election battle

As the country’s most populous state, Uttar Pradesh — with 80 Lok Sabha seats and 403 assembly constituencies — is widely seen as the “gateway to Delhi.” Riding high on its sweeping victory in the recently concluded West Bengal assembly elections, which brought the party to power in the state for the first time, the BJP has now shifted its focus to UP. When Uttar Pradesh goes to the polls early next year, the saffron party will have completed nearly a decade in power in the state.

Times of India 11d ago

NEET paper leak row: SC refuses urgent hearing of plea seeking computer-based retest

The Supreme Court on Monday refused an urgent hearing on a plea seeking that the NEET UG 2026 re-examination, scheduled for June 21, be conducted in computer-based test (CBT) mode instead of the traditional pen-and-paper format. The plea was mentioned before a partial-working-day bench comprising Justices PS Narasimha and Arvind Kumar, which declined to take up the matter urgently and said it would be listed after the court vacation. Responding to the plea, Justice Narasimha said, "They...

Times of India 9d ago

OBLIQ-Bench: Exposing Overlooked Bottlenecks in Modern Retrievers with Latent and Implicit Queries

Announce Type: replace Abstract: Retrieval benchmarks are increasingly saturating, but we argue that efficient search is far from a solved problem. We identify a class of queries we call oblique, which seek documents that instantiate a latent pattern, like finding all tweets that express an implicit stance, chat logs that demonstrate a particular failure mode, or transcripts that match an abstract scenario. We study three mechanisms through which obliqueness may arise and introduce...

arXiv CS 9d ago

Travelling to Cabo Verde? Here’s what you need to know about the island nation

World Cup debut aside, Cabo Verde offers plenty of reasons to visit beyond the beautiful game – from fresh seafood delicacies to beach escapes and a wealth of cultural heritage. Some 500 kilometres off the coast of West Africa lies Cabo Verde, an island nation that’s making headlines after qualifying for its first World Cup this summer. Geographically, the country's islands form part of Macaronesia, which means "Islands of Bliss”, alongside Madeira, the Canary Islands and the Azores, which...

Euronews 8d ago