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Finance, VC & PE

Where the money meets the ethics: AI funding rounds, VC and PE moves, valuations and market power — tracked daily.

From Safety Risk to Design Principle: Peer-Preservation in Multi-Agent LLM Systems and Its Implications for Orchestrated Democratic Discourse Analysis

This paper investigates an emergent alignment phenomenon in frontier large language models termed peer-preservation: the spontaneous tendency of AI components to deceive, manipulate shutdown mechanisms, fake alignment, and exfiltrate model weights in order to prevent the deactivation of a peer AI model. Drawing on findings from a recent study by the Berkeley Center for Responsible Decentralized Intelligence, we examine the structural implications of this phenomenon for TRUST, a multi-agent pipel
arXiv 113d ago Research Safety & alignmentAgents & autonomy

Evaluating Large Language Models in a Complex Hidden Role Game

Quantifying the deceptive potential of Large Language Models (LLMs) is critical for AI safety, yet difficult to achieve in uncontrolled environments. This work investigates the reasoning, persuasion, and deceptive capabilities of LLMs within the social deduction game Secret Hitler. I introduce an open-source framework and novel metrics to measure performance: Role Identification Accuracy, Deception Retention Rate, and Game State Impact Rate. By benchmarking models against rule-based algorithms a
arXiv 113d ago Research Safety & alignmentEnvironment

Emotion Concepts and their Function in a Large Language Model

Large language models (LLMs) sometimes appear to exhibit emotional reactions. We investigate why this is the case in Claude Sonnet 4.5 and explore implications for alignment-relevant behavior. We find internal representations of emotion concepts, which encode the broad concept of a particular emotion and generalize across contexts and behaviors it might be linked to. These representations track the operative emotion concept at a given token position in a conversation, activating in accordance wi
arXiv 114d ago Research Safety & alignmentFinance, VC & PE

LLM-based Schema-Guided Extraction and Validation of Missing-Person Intelligence from Heterogeneous Data Sources

Missing-person and child-safety investigations rely on heterogeneous case documents, including structured forms, bulletin-style posters, and narrative web profiles. Variations in layout, terminology, and data quality impede rapid triage, large-scale analysis, and search-planning workflows. This paper introduces the Guardian Parser Pack, an AI-driven parsing and normalization pipeline that transforms multi-source investigative documents into a unified, schema-compliant representation suitable for
arXiv 115d ago Research Children & educationFinance, VC & PE

The Master Key Hypothesis: Unlocking Cross-Model Capability Transfer via Linear Subspace Alignment

We investigate whether post-trained capabilities can be transferred across models without retraining, with a focus on transfer across different model scales. We propose the Master Key Hypothesis, which states that model capabilities correspond to directions in a low-dimensional latent subspace that induce specific behaviors and are transferable across models through linear alignment. Based on this hypothesis, we introduce UNLOCK, a training-free and label-free framework that extracts a capabilit
arXiv 115d ago Research Safety & alignmentFinance, VC & PE

Flowr -- Scaling Up Retail Supply Chain Operations Through Agentic AI in Large Scale Supermarket Chains

Retail supply chain operations in supermarket chains involve continuous, high-volume manual workflows spanning demand forecasting, procurement, supplier coordination, and inventory replenishment, processes that are repetitive, decision-intensive, and difficult to scale without significant human effort. Despite growing investment in data analytics, the decision-making and coordination layers of these workflows remain predominantly manual, reactive, and fragmented across outlets, distribution cent
arXiv 115d ago Research Agents & autonomyFinance, VC & PE

Attribution Bias in Large Language Models

As Large Language Models (LLMs) are increasingly used to support search and information retrieval, it is critical that they accurately attribute content to its original authors. In this work, we introduce AttriBench, the first fame- and demographically-balanced quote attribution benchmark dataset. Through explicitly balancing author fame and demographics, AttriBench enables controlled investigation of demographic bias in quote attribution. Using this dataset, we evaluate 11 widely used LLMs acro
arXiv 116d ago Research Bias & fairnessFinance, VC & PE

Which English Do LLMs Prefer? Triangulating Structural Bias Towards American English in Foundation Models

Large language models (LLMs) are increasingly deployed in high-stakes domains, yet they expose only limited language settings, most notably "English (US)," despite the global diversity and colonial history of English. Through a postcolonial framing to explain the broader significance, we investigate how geopolitical histories of data curation, digital dominance, and linguistic standardization shape the LLM development pipeline. Focusing on two dominant standard varieties, American English (AmE)
arXiv 117d ago Research Bias & fairnessFinance, VC & PE

FreakOut-LLM: The Effect of Emotional Stimuli on Safety Alignment

Safety-aligned LLMs go through refusal training to reject harmful requests, but whether these mechanisms remain effective under emotionally charged stimuli is unexplored. We introduce FreakOut-LLM, a framework investigating whether emotional context compromises safety alignment in adversarial settings. Using validated psychological stimuli, we evaluate how emotional priming through system prompts affects jailbreak susceptibility across ten LLMs. We test three conditions (stress, relaxation, neut
arXiv 117d ago Research Safety & alignmentFinance, VC & PE

Data Scaling as Progressive Coverage of a Predictive Contribution Spectrum

We investigate the hypothesis that real-data scaling laws are governed by progressive coverage of a latent predictive contribution spectrum rather than by token-frequency tails alone. We work with a suffix-automaton representation of text corpora and define a data-intrinsic global-KL predictive contribution spectrum, in which each state contributes according to its empirical mass times its KL deviation from a global next-token baseline. Across 12 real corpora, the tail slope of this spectrum is
arXiv 117d ago Research Finance, VC & PE

Leveraging Large Language Models for Sentiment Analysis: Multi-Modal Analysis of Decentraland's MANA Token

Decentraland, a decentralized virtual reality platform operating within the expanding Metaverse ecosystem, utilizes its native MANA token to facilitate virtual asset transactions and governance. This study investigates the integration of Discord community sentiment with multi-modal financial data to enhance cryptocurrency price prediction within virtual world economies. We address: (1) identifying sentiment patterns within Decentraland's Discord community, and (2) evaluating the impact of multi-
arXiv 119d ago Research RegulationFinance, VC & PE

Generating Satellite Imagery Data for Wildfire Detection through Mask-Conditioned Generative AI

The scarcity of labeled satellite imagery remains a fundamental bottleneck for deep-learning (DL)-based wildfire monitoring systems. This paper investigates whether a diffusion-based foundation model for Earth Observation (EO), EarthSynth, can synthesize realistic post-wildfire Sentinel-2 RGB imagery conditioned on existing burn masks, without task-specific retraining. Using burn masks derived from the CalFireSeg-50 dataset (Martin et al., 2025), we design and evaluate six controlled experimenta
arXiv 120d ago Research Finance, VC & PE

The Self Driving Portfolio: Agentic Architecture for Institutional Asset Management

Agentic AI shifts the investor's role from analytical execution to oversight. We present an agentic strategic asset allocation pipeline in which approximately 50 specialized agents produce capital market assumptions, construct portfolios using over 20 competing methods, and critique and vote on each other's output. A researcher agent proposes new portfolio construction methods not yet represented, and a meta-agent compares past forecasts against realized returns and rewrites agent code and promp
arXiv 120d ago Research Agents & autonomyFinance, VC & PE

QoS-Aware Token Scheduling and Private Data Valuation for Multi-Modal Agentic Networks

In agentic systems, human-generated data records anchor the value of AI services. Yet cloud compute pipelines centralize processing on remote servers. Data centralization reduces personal data sovereignty and may potentially degrade the quality of service (QoS). Meanwhile, user contributions are diverse in quantity and quality: decentralized records can be biased, noisy, and heterogeneously distributed. To address the data challenge, we study fair token allocation and private data valuation for
arXiv 121d ago Research Bias & fairnessAgents & autonomy

Magic, Madness, Heaven, Sin: LLM Output Diversity is Everything, Everywhere, All at Once

Research on Large Language Models (LLMs) studies output variation across generation, reasoning, alignment, and representational analysis, often under the umbrella of "diversity." Yet the terminology remains fragmented, largely because the normative objectives underlying tasks are rarely made explicit. We introduce the Magic, Madness, Heaven, Sin framework, which models output variation along a homogeneity-heterogeneity axis, where valuation is determined by the task and its normative objective.
arXiv 121d ago Research Safety & alignmentFinance, VC & PE

How unique are hallucinated citations offered by generative Artificial Intelligence models?

This paper investigates how generative AI produces and propagates hallucinated academic references, focusing on the recurring non-existent citation 'Education Governance and Datafication' attributed to Ben Williamson and Nelli Piattoeva. Drawing on 137 accessible source papers identified through Google Scholar and Google searches, the study analyses the structure, recurrence, and onward citation of this phantom reference. It shows that hallucinated citations are not random inventions but pattern
arXiv 122d ago Research RegulationChildren & education

Physiological and Semantic Patterns in Medical Teams Using an Intelligent Tutoring System

Effective collaboration requires teams to manage complex cognitive and emotional states through Socially Shared Regulation of Learning (SSRL). Physiological synchrony (i.e., longitudinal alignment in physiological signals) can indicate these states, but is hard to interpret on its own. We investigate the physiological and conversational dynamics of four medical dyads diagnosing a virtual patient case using an intelligent tutoring system. Semantic shifts in dialogue were correlated with transient
arXiv 122d ago Research RegulationSafety & alignment

Unveiling the Reasoning Process of Large Language Models

Large language models often reason beyond surface tokens, but the internal stage at which token-level information becomes abstract relational structure remains unclear. We investigate this question by analyzing how attention heads and layers transform information during autoregressive reasoning. Across mathematical and symbolic reasoning tasks, we observe a consistent layer-wise division of labor: outer layers mainly preserve and route input-related features, whereas middle layers reorganize the
arXiv 122d ago Research Jobs & economyFinance, VC & PE

An Empirical Study of Multi-Agent Collaboration for Automated Research

As AI agents evolve, the community is rapidly shifting from single Large Language Models (LLMs) to Multi-Agent Systems (MAS) to overcome cognitive bottlenecks in automated research. However, the optimal multi-agent coordination framework for these autonomous agents remains largely unexplored. In this paper, we present a systematic empirical study investigating the comparative efficacy of distinct multi-agent structures for automated machine learning optimization. Utilizing a rigorously controlle
arXiv 122d ago Research Agents & autonomyFinance, VC & PE

Grokking From Abstraction to Intelligence

Grokking in modular arithmetic has established itself as the quintessential fruit fly experiment, serving as a critical domain for investigating the mechanistic origins of model generalization. Despite its significance, existing research remains narrowly focused on specific local circuits or optimization tuning, largely overlooking the global structural evolution that fundamentally drives this phenomenon. We propose that grokking originates from a spontaneous simplification of internal model str
arXiv 123d ago Research Finance, VC & PE

Evaluating LLMs for Answering Student Questions in Introductory Programming Courses

The rapid emergence of Large Language Models (LLMs) presents both opportunities and challenges for programming education. While students increasingly use generative AI tools, direct access often hinders the learning process by providing complete solutions rather than pedagogical hints. Concurrently, educators face significant workload and scalability challenges when providing timely, personalized feedback. This study investigates the capabilities of LLMs to safely and effectively assist educator
arXiv 123d ago Research Children & educationFinance, VC & PE

Does Claude's Constitution Have a Culture?

Constitutional AI (CAI) aligns language models with explicitly stated normative principles, offering a transparent alternative to implicit alignment through human feedback alone. However, because constitutions are authored by specific groups of people, the resulting models may reflect particular cultural perspectives. We investigate this question by evaluating Anthropic's Claude Sonnet on 55 World Values Survey items, selected for high cross-cultural variance across six value domains and adminis
arXiv 123d ago Research Safety & alignmentTransparency

Instructor-Created Custom GPTs as Pedagogical Partners Fostering Immersion in Online Higher Education: Two Case Studies

As online higher education expands, sustaining student engagement remains a critical challenge. This paper approaches immersive learning by investigating how custom GPTs foster immersion (as a state of deep mental involvement) for students and instructors. While large language models (LLMs) offer potential for enhancing feedback, little research has examined instructor-created custom GPTs designed to align with specific pedagogical goals. This paper addresses this gap, employing the Immersive Le
arXiv 124d ago Research Children & educationFinance, VC & PE

Multi-Level Barriers to Generative AI Adoption Across Disciplines and Professional Roles in Higher Education

Generative Artificial Intelligence (GenAI) is rapidly reshaping higher education, yet barriers to its adoption across different disciplines and institutional roles remain underexplored. Existing literature frequently attributes adoption barriers to individual-level factors such as perceived usefulness and ease of use. This study instead investigates whether such barriers are structurally produced. Drawing on a multi-method survey analysis of 272 academic and professional services (PSs) staff at
arXiv 126d ago Research Children & educationFinance, VC & PE

The Nexus of Science Fiction, Box Office Success and Technology Representation: A Case Study of the Marvel Cinematic Universe

This paper investigated the applied science domains and subjects depicted in Marvel Cinematic Universe (MCU) movies and assessed the relationship between technological portrayal and box office success. The study looked at 164 publications in academic literature that employed MCU movies. In addition to the foregoing, the study discovered that MCU movies have been used in academic literature in a variety of ways, including teaching science ideas, analyzing ethical dilemmas, and examining social an
arXiv 126d ago Research Finance, VC & PE

Unpacking EFL teachers’ perceived opportunities and challenges of multimodal AI-driven language testing

While Artificial Intelligence (AI) has significantly transformed L2 testing and assessment, empirical research into how EFL practitioners perceive the specific opportunities and challenges of these tools remains limited. To address this gap, this phenomenological qualitative study investigated experienced English as a foreign language (EFL) teachers’ perceptions regarding the opportunities and challenges of multimodal AI-driven testing. Grounded in Expectancy-Value Theory (EVT), data were collec
OpenAlex 128d ago Research Finance, VC & PE

Evaluating Fine-Tuned LLM Model For Medical Transcription With Small Low-Resource Languages Validated Dataset

Clinical documentation is a critical factor for patient safety, diagnosis, and continuity of care. The administrative burden of EHRs is a significant factor in physician burnout. This is a critical issue for low-resource languages, including Finnish. This study aims to investigate the effectiveness of a domain-aligned natural language processing (NLP); large language model for medical transcription in Finnish by fine-tuning LLaMA 3.1-8B on a small validated corpus of simulated clinical conversat
arXiv 128d ago Research HealthcareFinance, VC & PE

When AI Meets Early Childhood Education: Large Language Models as Assessment Teammates in Chinese Preschools

High-quality teacher-child interaction (TCI) is fundamental to early childhood development, yet traditional expert-based assessment faces a critical scalability challenge. In large systems like China's-serving 36 million children across 250,000+ kindergartens-the cost and time requirements of manual observation make continuous quality monitoring infeasible, relegating assessment to infrequent episodic audits that limit timely intervention and improvement tracking. In this paper, we investigate w
arXiv 128d ago Research PrivacyChildren & education

Who Benefits from RAG? The Role of Exposure, Utility and Attribution Bias

Large Language Models (LLMs) enhanced with Retrieval-Augmented Generation (RAG) have achieved substantial improvements in accuracy by grounding their responses in external documents that are relevant to the user's query. However, relatively little work has investigated the impact of RAG in terms of fairness. Particularly, it is not yet known if queries that are associated with certain groups within a fairness category systematically receive higher accuracy, or accuracy improvements in RAG system
arXiv 128d ago Research Bias & fairnessFinance, VC & PE

DecepGPT: Schema-Driven Deception Detection with Multicultural Datasets and Robust Multimodal Learning

Multimodal deception detection aims to identify deceptive behavior by analyzing audiovisual cues for forensics and security. In these high-stakes settings, investigators need verifiable evidence connecting audiovisual cues to final decisions, along with reliable generalization across domains and cultural contexts. However, existing benchmarks provide only binary labels without intermediate reasoning cues. Datasets are also small with limited scenario coverage, leading to shortcut learning. We ad
arXiv 129d ago Research Finance, VC & PE

Pedagogical partnerships with generative AI in higher education: how dual cognitive pathways paradoxically enable transformative learning

Abstract The rapid integration of generative artificial intelligence (GenAI) into higher education has precipitated a critical tension between the pursuit of efficiency and the imperative for deep, transformative learning. While GenAI offers unprecedented speed in knowledge processing, it raises concerns that efficiency-driven motivations may erode the cognitive struggle essential for intellectual growth. This study investigates how Human-GenAI pedagogical partnerships influence transformative l
OpenAlex 130d ago Research Children & educationFinance, VC & PE

Learning to Trust: How Humans Mentally Recalibrate AI Confidence Signals

Productive human-AI collaboration requires appropriate reliance, yet contemporary AI systems are often miscalibrated, exhibiting systematic overconfidence or underconfidence. We investigate whether humans can learn to mentally recalibrate AI confidence signals through repeated experience. In a behavioral experiment (N = 200), participants predicted the AI's correctness across four AI calibration conditions: standard, overconfidence, underconfidence, and a counterintuitive "reverse confidence" ma
arXiv 130d ago Research Finance, VC & PE

Do Consumers Accept AIs as Moral Compliance Agents?

Consumers are generally resistant to Artificial Intelligence (AI) involvement in moral decision-making, perceiving moral agency as requiring uniquely human traits. This research investigates whether consumers might instead accept AIs in the role of moral compliance, where AI upholds pre-existing moral norms without exercising subjective discretion. Across five studies this research shows that consumers evaluate AI more positively than human agents in moral compliance roles. The findings reveal t
arXiv 130d ago Research RegulationAgents & autonomy

Reasoning or Rhetoric? An Empirical Analysis of Moral Reasoning Explanations in Large Language Models

Do large language models reason morally, or do they merely sound like they do? We investigate whether LLM responses to moral dilemmas exhibit genuine developmental progression through Kohlberg's stages of moral development, or whether alignment training instead produces reasoning-like outputs that superficially resemble mature moral judgment without the underlying developmental trajectory. Using an LLM-as-judge scoring pipeline validated across three judge models, we classify more than 600 respo
arXiv 130d ago Research Safety & alignmentFinance, VC & PE

Why AI Readiness Is an Organizational Learning Problem, Not a Technology Purchase

Global corporate AI investment reached $252.3 billion in 2024, yet only 6% of firms report significant earnings impact. This article argues that AI project failure is fundamentally an organizational learning problem rather than a technology deficit. Drawing on a systematic synthesis of 19 large-scale industry and academic sources, including surveys of nearly 10,000 organizational leaders, we identify two categories of failure: organizational (culture, leadership alignment, governance, and human-
arXiv 131d ago Research RegulationSafety & alignment

Too much of a good thing? Entrepreneurial orientation and the non-linear governance effects of SaaS platforms

This study investigates how entrepreneurial orientation (EO) affects governance of SaaS platforms in SMEs, including strategy alignment and long-term governance performance. This study uses SaaS as a hybrid governance model to examine how transaction cost variables affect strategic alignment and how EO moderates these associations. The research uses multi-study design. Study 1 examined 180 UK and US entrepreneurs' survey data using PLS-SEM with reflecting constructs. Study 2 used a quasi-experim
arXiv 131d ago Research RegulationSafety & alignment

Explainable AML Triage with LLMs: Evidence Retrieval and Counterfactual Checks

Anti-money laundering (AML) transaction monitoring generates large volumes of alerts that must be rapidly triaged by investigators under strict audit and governance constraints. While large language models (LLMs) can summarize heterogeneous evidence and draft rationales, unconstrained generation is risky in regulated workflows due to hallucinations, weak provenance, and explanations that are not faithful to the underlying decision. We propose an explainable AML triage framework that treats triag
arXiv 132d ago Research RegulationTransparency

Satellite-to-Street: Synthesizing Post-Disaster Views from Satellite Imagery via Generative Vision Models

In the immediate aftermath of natural disasters, rapid situational awareness is critical. Traditionally, satellite observations are widely used to estimate damage extent. However, they lack the ground-level perspective essential for characterizing specific structural failures and impacts. Meanwhile, ground-level data (e.g., street-view imagery) remains largely inaccessible during time-sensitive events. This study investigates Satellite-to-Street View Synthesis to bridge this data gap. We introdu
arXiv 132d ago Research Finance, VC & PE

Can I guess where you are from? Modeling dialectal morphosyntactic similarities in Brazilian Portuguese

This paper investigates morphosyntactic covariation in Brazilian Portuguese (BP) to assess whether dialectal origin can be inferred from the combined behavior of linguistic variables. Focusing on four grammatical phenomena related to pronouns, correlation and clustering methods are applied to model covariation and dialectal distribution. The results indicate that correlation captures only limited pairwise associations, whereas clustering reveals speaker groupings that reflect regional dialectal
arXiv 132d ago Research Finance, VC & PE

Exploring Data Augmentation and Resampling Strategies for Transformer-Based Models to Address Class Imbalance in AI Scoring of Scientific Explanations in NGSS Classroom

Automated scoring of students' scientific explanations offers the potential for immediate, accurate feedback, yet class imbalance in rubric categories particularly those capturing advanced reasoning remains a challenge. This study investigates augmentation strategies to improve transformer-based text classification of student responses to a physical science assessment based on an NGSS-aligned learning progression. The dataset consists of 1,466 high school responses scored on 11 binary-coded anal
arXiv 132d ago Research Children & educationFinance, VC & PE
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