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New light-powered chip could accelerate AI and quantum computing

New light-powered chip could accelerate AI and quantum computing - Date: - June 2, 2026 - Source: - Monash University - Summary: - Scientists have created a tiny chip that can generate, steer, and read light-based information all in one device, marking a major leap toward ultra-fast, energy-efficient computing. The breakthrough uses atomically thin materials and nanoscale structures to control a unique quantum property of light called the “valley” degree of freedom, allowing information to...

Science Daily 8d ago

Is attention truly all we need? An empirical study of asset pricing in pretrained RNN sparse and global attention models

Announce Type: replace-cross Abstract: This study investigates the pre-trained RNN attention models with the mainstream attention mechanisms, such as additive attention, Luong's three attentions, global self-attention and sliding window sparse attention, for the empirical asset pricing research on the top 420 large-cap US stocks. This is the first paper on the large-scale state-of-the-art (SOTA) attention mechanisms applied in the asset pricing context. They overcome the limitations of the...

arXiv CS 5d ago

Addressing Market Regime Changes and Heavy-Tailed Returns in Portfolio Optimization via Bayesian VAR and Elliptical Black-Litterman

Announce Type: new Abstract: Deep reinforcement learning (DRL) frameworks for portfolio optimization have shown promise for their ability to learn allocation rules dynamically from market data. However, these models fail to account for fat-tailed returns, which characterize actual market behavior with more frequent extreme events.

arXiv CS 1d ago