arXiv:2610.34183v1 Announce Type: new Abstract: Learning audio representations that effectively bridge holistic global soundscapes with fine-grained acoustic moments is a long-standing goal in self-supervised learning. Recording-level contrastive objectives encourage agreement between pooled audio representations, but do not explicitly supervise local time-frequency representations. We introduce AudioFM, a self-supervised framework that combines recording-level contrast with patch-wise masked latent discrimination. Using visible acoustic context, a student predicts representations of masked patches and identifies their corresponding full-view teacher targets among candidates from other recordings. We further incorporate weaker supervision from eligible temporal neighbors to encourage local temporal consistency. Extensive evaluations show that AudioFM achieves state-of-the-art performance across diverse audio domains in linear probing, fine-tuning, and zero-shot transfer, demonstrating superior event detection, robust scene-level understanding, and strong domain generalizability.