Inference, not training, is the cost line
As AI products reach volume, attention is shifting from training runs to the recurring cost of serving. Routing, compression and purpose-built silicon are where margin is won.
The signal
Hardware and serving startups are marketing on cost per token at a quality bar rather than on peak throughput.
Industries involved
Technologies
Inference Optimisation
The set of techniques — quantisation, batching, caching, distillation and specialised silicon — that reduce the cost and latency of running a trained model.
Foundation Models
Large models trained on broad data that can be adapted to many downstream tasks rather than being built for one purpose.
Companies to watch
Modal
Serverless cloud for running AI inference and batch jobs.
New York, United States · Founded 2021
SiMa.ai
Chips for running AI on robots and edge devices.
San Jose, United States · Founded 2018
NVIDIA
Maker of the GPUs and software that dominate AI computing.
Santa Clara, United States · Founded 1993