This discussion examines AI inference as a major infrastructure bottleneck, particularly for cloud providers operating GPU clusters. The guests explain how growing context windows, session concurrency, and transformer-based workloads increase memory demands and cause GPUs to stall, recompute, or remain underutilized. Lightbit Labs’ Inferra solution uses full-stack observability, predictive caching, prefetching, and multi-tier memory—including NVMe—to deliver required data just in time. The goal is to improve time to first token, increase effective token production, reduce GPU and power waste, and enable more competitive pricing and larger context windows without replacing existing hardware.