The efficiency of large language models (LLMs) is fundamentally limited by their sequential, token-by-token generation process. We argue that overcoming this bottleneck requires a new design axis for LLM scaling: increasing the semantic bandwidth of each generative step. To this end, we introduce Continuous Autoregressive Language Models (CALM), a paradigm shift from discrete next-token prediction to continuous next-vector prediction. CALM uses a high-fidelity autoencoder to compress a chunk of K tokens into a single continuous vector, from which the original tokens can be reconstructed with over 99.9\% accuracy. This allows us to model language as a sequence of continuous vectors instead of discrete tokens, which reduces the number of generative steps by a factor of K. The paradigm shift necessitates a new modeling toolkit; therefore, we develop a comprehensive likelihood-free framework that enables robust training, evaluation, and controllable sampling in the continuous domain. Experiments show that CALM significantly improves the performance-compute trade-off, achieving the performance of strong discrete baselines at a significantly lower computational cost. More importantly, these findings establish next-vector prediction as a powerful and scalable pathway towards ultra-efficient language models. Code: https://github.com/shaochenze/calm. Project: https://shaochenze.github.io/blog/2025/CALM.

Transformer components such as non-linear activations and normalization are inherently non-injective, suggesting that different inputs could map to the same output and prevent exact recovery of the input from a model's representations. In this paper, we challenge this view. First, we prove mathematically that transformer language models mapping discrete input sequences to their corresponding sequence of continuous representations are injective and therefore lossless, a property established at initialization and preserved during training. Second, we confirm this result empirically through billions of collision tests on six state-of-the-art language models, and observe no collisions. Third, we operationalize injectivity: we introduce SipIt, the first algorithm that provably and efficiently reconstructs the exact input text from hidden activations, establishing linear-time guarantees and demonstrating exact invertibility in practice. Overall, our work establishes injectivity as a fundamental and exploitable property of language models, with direct implications for transparency, interpretability, and safe deployment.