

Learn about dLLMs - Fireside Chat with Stefano Ermon (Founder & CEO, Inception Labs) and Irving Hsu (Investor, Mayfield)
What if AI didn’t generate text one word at a time but could generate much more tokens in parallel? Diffusion transformed image generation - now it may transform language.
Join us for a deep dive into diffusion large language models (dLLMs) with Stanford Professor Stefano Ermon, founder and CEO of Inception Labs and Irving Hsu from Mayfield, an early investor in Inception.
Stefano co-invented diffusion models and he’s applying that breakthrough to text with Inception’s Mercury models, which generate responses in parallel rather than sequentially, unlocking dramatically faster and more cost-efficient AI systems.
The company launched Mercury 2 this week - the fastest reasoning LLM and first reasoning dLLM. It delivers 1000 tokens per second, 5x faster than leading speed-optimized reasoning models.
Inception raised $50 million in seed funding, led by Menlo Ventures, with participation from Mayfield, Innovation Endeavors, M12, Snowflake Ventures, Databricks, and NVIDIA’s venture arm.