Billion-dollar VC bets and the technical challenge of AI inference

The October 22 20VC episode looks at why large venture funds seek billion-dollar positions and questions valuations for startups including Town and Anduril. The host's notes estimate that key inference providers have roughly $5 billion to $6 billion in combined run-rate revenue. A commentator sharing the episode argues that the difficulty of delivering low-latency, highly reliable inference at scale is often overlooked.