Full-parameter fine-tuning is computationally prohibitive for large language models (LLMs), making parameter-efficient fine-tuning (PEFT) methods like low-rank adaptation (LoRA) increasingly popular. However, LoRA and its existing variants introduce significant latency in multi-tenant settings, hindering their applications in the industry. To address this issue, we propose the Fantastic LoRA (FanLoRA) framework, which consists of four steps: (a) adding LoRA modules to all the Transformer linear weights and fine-tuning on a large-scale instruction tuning dataset. (b) The importance of each module is then assessed using a novel importance scoring method. (c) only the most critical modules per layer are retained, resulting in the FanLoRA setting. (d) The FanLoRA setting is applied to fine-tune various downstream tasks. Our extensive experiments demonstrate that: (a) FanLoRA outperforms existing PEFT baselines across a wide collection of tasks with comparable tunable parameters. (b) FanLoRA significantly reduces the inference latency of LoRA, making it valuable for further broadening the applications of LLMs in the industry.

In the realm of parameter-efficient fine-tuning (PEFT) methods, while options like LoRA are available, there is a persistent demand in the industry for a PEFT approach that excels in both efficiency and performance within the context of single-backbone multi-tenant applications. This paper introduces a new and straightforward PEFT technique, termed Prompt Aware Representation Adjustment (PARA). The core of our proposal is to integrate a lightweight vector generator within each Transformer layer. This generator produces vectors that are responsive to input prompts, thereby adjusting the hidden representations accordingly. Our extensive experimentation across diverse tasks has yielded promising results. Firstly, the PARA method has been shown to surpass current PEFT benchmarks in terms of performance, despite having a similar number of adjustable parameters. Secondly, it has proven to be more efficient than LoRA in the single-backbone multi-tenant scenario, highlighting its significant potential for industrial adoption.