LERA: LLM-Enhanced RAG for Ad Auction in Generative Chatbots
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In three linesLERA introduces a two-stage ad auction framework for LLM chatbots: coarse filtering via embeddings, then fine ranking using LLM prompts for relevance scores. Combines organic relevance with bids using critical-value payment rule. Improves ad selection accuracy and insertion diversity on synthetic benchmark.Read source
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