WebDancer: Towards Autonomous Information Seeking AgencyJialong Wu, Baixuan Li, Runnan Fang et al.
Addressing intricate real-world problems necessitates in-depth information seeking and multi-step reasoning. Recent progress in agentic systems, exemplified by Deep Research, underscores the potential for autonomous multi-step research. In this work, we present a cohesive paradigm for building end-to-end agentic information seeking agents from a data-centric and training-stage perspective. Our approach consists of four key stages: (1) browsing data construction, (2) trajectories sampling, (3) supervised fine-tuning for effective cold start, and (4) reinforcement learning for enhanced generalisation. We instantiate this framework in a web agent based on the ReAct, WebDancer. Empirical evaluations on the challenging information seeking benchmarks, GAIA and WebWalkerQA, demonstrate the strong performance of WebDancer, achieving considerable results and highlighting the efficacy of our training paradigm. Further analysis of agent training provides valuable insights and actionable, systematic pathways for developing more capable agentic models. The codes and demo will be released in https://github.com/Alibaba-NLP/WebAgent.
Fin-R1: A Large Language Model for Financial Reasoning through Reinforcement LearningZhaowei Liu, Xin Guo, Fangqi Lou et al.
Reasoning large language models are rapidly evolving across various domains. However, their capabilities in handling complex financial tasks still require in-depth exploration. In this paper, we introduce Fin-R1, a reasoning large language model specifically designed for the financial sector. Fin-R1 is built using a two-stage architecture, leveraging a financial reasoning dataset distilled and processed based on DeepSeek-R1. Through supervised fine-tuning (SFT) and reinforcement learning (RL) training, it demonstrates performance close to DeepSeek-R1 with a parameter size of 7 billion across a range of financial reasoning tasks. It achieves the state-of-the-art (SOTA) in the FinQA and ConvFinQA tasks between those LLMs in our evaluation, surpassing larger models in other tasks as well. Fin-R1 showcases strong reasoning and decision-making capabilities, providing solutions to various problems encountered in the financial domain. Our code is available at https://github.com/SUFE-AIFLM-Lab/Fin-R1.
34.8LGSep 16, 2025Code
WebSailor-V2: Bridging the Chasm to Proprietary Agents via Synthetic Data and Scalable Reinforcement LearningKuan Li, Zhongwang Zhang, Huifeng Yin et al.
Transcending human cognitive limitations represents a critical frontier in LLM training. Proprietary agentic systems like DeepResearch have demonstrated superhuman capabilities on extremely complex information-seeking benchmarks such as BrowseComp, a feat previously unattainable. We posit that their success hinges on a sophisticated reasoning pattern absent in open-source models: the ability to systematically reduce extreme uncertainty when navigating vast information landscapes. Based on this insight, we introduce WebSailor, a complete post-training methodology designed to instill this crucial capability. Our approach involves generating novel, high-uncertainty tasks through structured sampling and information obfuscation, RFT cold start, and an efficient agentic RL training algorithm, Duplicating Sampling Policy Optimization (DUPO). With this integrated pipeline, WebSailor significantly outperforms all open-source agents in complex information-seeking tasks, matching proprietary agents' performance and closing the capability gap.
LaRA: Benchmarking Retrieval-Augmented Generation and Long-Context LLMs -- No Silver Bullet for LC or RAG RoutingKuan Li, Liwen Zhang, Yong Jiang et al.
Effectively incorporating external knowledge into Large Language Models (LLMs) is crucial for enhancing their capabilities and addressing real-world needs. Retrieval-Augmented Generation (RAG) offers an effective method for achieving this by retrieving the most relevant fragments into LLMs. However, the advancements in context window size for LLMs offer an alternative approach, raising the question of whether RAG remains necessary for effectively handling external knowledge. Several existing studies provide inconclusive comparisons between RAG and long-context (LC) LLMs, largely due to limitations in the benchmark designs. In this paper, we present LaRA, a novel benchmark specifically designed to rigorously compare RAG and LC LLMs. LaRA encompasses 2326 test cases across four practical QA task categories and three types of naturally occurring long texts. Through systematic evaluation of seven open-source and four proprietary LLMs, we find that the optimal choice between RAG and LC depends on a complex interplay of factors, including the model's parameter size, long-text capabilities, context length, task type, and the characteristics of the retrieved chunks. Our findings provide actionable guidelines for practitioners to effectively leverage both RAG and LC approaches in developing and deploying LLM applications. Our code and dataset is provided at: \href{https://github.com/Alibaba-NLP/LaRA}{\textbf{https://github.com/Alibaba-NLP/LaRA}}.
FinTeam: A Multi-Agent Collaborative Intelligence System for Comprehensive Financial ScenariosYingqian Wu, Qiushi Wang, Zefei Long et al.
Financial report generation tasks range from macro- to micro-economics analysis, also requiring extensive data analysis. Existing LLM models are usually fine-tuned on simple QA tasks and cannot comprehensively analyze real financial scenarios. Given the complexity, financial companies often distribute tasks among departments. Inspired by this, we propose FinTeam, a financial multi-agent collaborative system, with a workflow with four LLM agents: document analyzer, analyst, accountant, and consultant. We train these agents with specific financial expertise using constructed datasets. We evaluate FinTeam on comprehensive financial tasks constructed from real online investment forums, including macroeconomic, industry, and company analysis. The human evaluation shows that by combining agents, the financial reports generate from FinTeam achieved a 62.00% acceptance rate, outperforming baseline models like GPT-4o and Xuanyuan. Additionally, FinTeam's agents demonstrate a 7.43% average improvement on FinCUGE and a 2.06% accuracy boost on FinEval. Project is available at https://github.com/FudanDISC/DISC-FinLLM/.
28.2CLMay 28, 2025
EvolveSearch: An Iterative Self-Evolving Search AgentDingchu Zhang, Yida Zhao, Jialong Wu et al.
The rapid advancement of large language models (LLMs) has transformed the landscape of agentic information seeking capabilities through the integration of tools such as search engines and web browsers. However, current mainstream approaches for enabling LLM web search proficiency face significant challenges: supervised fine-tuning struggles with data production in open-search domains, while RL converges quickly, limiting their data utilization efficiency. To address these issues, we propose EvolveSearch, a novel iterative self-evolution framework that combines SFT and RL to enhance agentic web search capabilities without any external human-annotated reasoning data. Extensive experiments on seven multi-hop question-answering (MHQA) benchmarks demonstrate that EvolveSearch consistently improves performance across iterations, ultimately achieving an average improvement of 4.7\% over the current state-of-the-art across seven benchmarks, opening the door to self-evolution agentic capabilities in open web search domains.