Update README.md

README.md

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 ## Overview
 
-**CoLaR** (Continuous Latent Reasoning) is a latent reasoning model based on LLaMA that uses a specialized LatentHead module for generating continuous latent representations. This model is part of the [Parallel Test-Time Scaling for Latent Reasoning Models](https://arxiv.org/abs/2510.07745) framework.
+**CoLaR** (Compressed Latent Reasoning) is a latent reasoning model based on LLaMA that uses a specialized LatentHead module for generating continuous latent representations. This model is part of the [Parallel Test-Time Scaling for Latent Reasoning Models](https://arxiv.org/abs/2510.07745) framework.
 
 ## Model Details