LLM Reasoning Is Latent, Not the Chain of Thought

Large Language Models (LLMs) have shown impressive performance on complex tasks through Chain-of-Thought (CoT) reasoning. However, conventional CoT relies on explicitly verbalized intermediate steps, which constrains its broader applicability, particularly in abstract reasoning tasks beyond language. To address this, there has been growing research interest in \textit{latent CoT reasoning}, where the reasoning process is embedded within latent spaces. By decoupling reasoning from explicit language generation, latent CoT offers the promise of richer cognitive representations and facilitates more flexible, faster inference. This paper aims to present a comprehensive overview of this emerging paradigm and establish a systematic taxonomy. We analyze recent advances in methods, categorizing them from token-wise horizontal approaches to layer-wise vertical strategies. We then provide in-depth discussions of these methods, highlighting their design principles, applications, and remaining challenges. We hope that our survey provides a structured foundation for advancing this promising direction in LLM reasoning. The relevant papers will be regularly updated at https://github.com/EIT-NLP/Awesome-Latent-CoT.

Large Language Models (LLMs) increasingly rely on intermediate reasoning, yet explicit Chain-of-Thought (CoT) suffers from a linguistic space bottleneck: each thought must be decoded into tokens, causing high inference overhead. Latent reasoning moves deliberation into continuous space, but existing methods mostly learn deterministic or reward-maximizing paths, lacking a principled way to allocate probability across trajectories with different correctness and costs. We propose Latent Thought Flow (LTF), which models reasoning as variable-length continuous trajectories and trains a sampler to match a reward-induced posterior over answer quality and computation cost. We instantiate this with a continuous GFlowNet using stochastic latent transitions. To handle sparse answer supervision, we introduce an Entropy-Weighted Subtrajectory Balance objective for intermediate rewards and a reference-prior regularizer to anchor exploration. Experiments under finetuning and transfer learning settings show that LTF outperforms explicit CoT and latent reasoning baselines, improving accuracy by 9.5% while reducing reasoning length by 27.2% on average compared with strong latent reasoning baselines.

Explicit chain-of-thought (CoT) reasoning substantially improves the reasoning ability of large language models (LLMs), but incurs high inference cost due to lengthy autoregressive traces. Existing latent reasoning methods offer a promising alternative, yet they often treat reasoning as uniformly compressible, causing precision-critical intermediate steps to be overly compressed and thereby degrading reasoning accuracy. In this work, we propose Selective Latent Thinking (SLT), a framework that selectively compresses redundant reasoning spans into latent representations while preserving precision-critical spans as explicit CoT within the same reasoning trajectory. Specifically, SLT first uses a lightweight decoder to anticipate a short upcoming reasoning span, and then applies confidence-based gating to determine the longest span that can be reliably compressed. The accepted span is encoded into a compact latent representation to improve reasoning efficiency, while uncertain or precision-critical reasoning remains in explicit CoT form to preserve accuracy. To learn this selective compression policy, SLT adopts a three-stage training strategy that combines span-level latent compression, reliability-aware future reasoning prediction, and trajectory-level reinforcement learning to optimize the trade-off between answer correctness and reasoning cost. Extensive experiments across four mathematical reasoning benchmarks demonstrate that SLT achieves 22.7% higher accuracy than latent reasoning baselines at comparable compression ratios, while reducing reasoning chain length by 58.4% with only 2.8% accuracy degradation compared to explicit CoT,Our code can be found in https://github.com/hunshi34/SLT.