arXiv:2609.33741v3 Announce Type: replace Abstract: Inverse Optimal Transport (OT) based methods for representation learning learn representations such that the global OT coupling between a pair of data marginals in the representation space, concentrates on the positive pairs. This is in contrast to previous methods that primarily focused on pairwise matching. However, these methods $\textit{DO NOT}$ utilize negative pairs and hence are not truly contrastive in their approach. We show that this leads to issues of dimensional collapse and hence degraded downstream performance. To alleviate this, we develop a novel multi-marginal (MM) inverse OT (IOT) contrastive learning (CL) approach called Neg-MMIOT-CL, which learns representations such that the global multi-marginal OT (MMOT) coupling between a triple of data marginals, with respect to a carefully designed ground-cost between triplets of data points in the representation space, concentrates on the anchor-positive-negative $\textit{triplets}$. For a latent class model, we empirically show that Neg-MMIOT-CL alleviates dimensional collapse. Furthermore, for a specific choice of ground cost for all triplets in representation space, we prove that the optimal representation configuration for Neg-MMIOT-CL exhibits equiangular property for within-class and across-class representations, which translates to Neural-Collapse when the representation dimension is larger than the number of classes minus one -- a result that is $\textit{previously established only}$ for pairwise contrastive learning methods. Finally, we propose Neg-IOT-CL-PushPull, that is a computationally efficient alternative to Neg-MMIOT-CL, alleviating the high cost of computing MMOT plans needed during implementation. We apply these methods on both synthetic and real-world datasets and show significant improvements over existing OT-based contrastive learning methods.