Sebastian Raschka By Sebastian Raschka, PhD

The State Of LLMs 2025: Progress, Problems, and Predictions

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A 2025 review of large language models, from DeepSeek R1 and RLVR to inference-time scaling, benchmarks, architectures, and predictions for 2026.

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arXiv AI
Jul 15

Scaling Point-in-Time Language Models

arXiv:2607. 11889v1 Announce Type: cross Abstract: Large language models trained on unrestricted internet corpora inevitably embed information from the future, introducing lookahead bias that compromises the validity of backtests and causal inference in finance and the social sciences.

By Bryan Kelly, Semyon Malamud, Johannes Schwab, Teng Andrea Xu