A product discussed on Latent Space.

⚡️Mercury: Ultra-Fast Diffusion LLMs — Estefano Ermon, CEO Inception Labs
Aug 4, 2025 · 28:07
Stefano Ermon of Inception Labs explains why diffusion language models like their Mercury Coder can match GPT-4.1 Nano and Claude Haiku in intelligence while delivering 5–10× faster inference at 737–1109 tokens/sec on H100s, built on score-based generative model foundations he pioneered at Stanford. He details the coarse-to-fine generation process that modifies multiple tokens per network evaluation, the required end-to-end training from scratch (no fine-tuning existing LLMs), and how post-training pipelines use specialized DPO for preference alignment. Ermon identifies latency-sensitive applications—voice agents, IDEs, vibe coding—as the killer use case, acknowledges they aren't yet frontier-level but sees a future where diffusion dominates due to efficiency gains, and notes the challenge of open-sourcing given proprietary inference engines and kernels.

⚡️Ranking Agentic LLMs — Pratik Bhavsar, Galileo
Jul 14, 2025 · 34:10
Pratik Bhavsar from Galileo presents their Agent Leaderboard, which evaluates LLMs on tool calling across multiple benchmarks, revealing that Gemini models top the charts for performance and cost-efficiency. The leaderboard, built on datasets like BFCL, XLAM, and Tau Bench, uses an LLM-as-judge metric called Tool Selection Quality (TSQ). Surprising findings include reasoning models like o1 struggling with multi-tool outputs, Mistral Small excelling as the best open-source model, and Llama models performing poorly. The episode also previews V2 of the leaderboard, which introduces domain-specific, harder, multi-turn scenarios with a user and tool simulator, and a new Action Completion metric to measure whether all user requests are accomplished.

Building an open AI company - with Ce and Vipul of Together AI
Feb 8, 2024 · 1:15:18
Together AI co-founders Vipul Ved Prakash and Ce Zhang explain why openness is core to their mission, detailing their journey from Apple (Vipul) and Stanford research (Ce) to building an open AI platform. They discuss RedPajama’s evolution into a modular dataset with 40 quality signals, the need for 5,000 tokens/second inference speed, and their investment in state space models like Mamba and Hyena as alternatives to transformers. The company, which runs 7,000-8,000 GPUs (mostly H100s), sees training as a larger workload than inference, with fine-tuning driving top models. They advocate for independent inference benchmarks, publish open research like FlashAttention, and keep some software proprietary. With 38 employees and 45% researchers, they are hiring across the stack, from CUDA to DevOps.
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