Venice Amidst the Inference Shift

David argues Cerebras' IPO signals AI's structural shift from training to inference, where demand scales with compute rather than users. Venice's dual-token ecosystem—VVV for staking and platform access, DIEM for direct API credit exposure—is positioned to capture this market, which JP Morgan sizes at 10 to 50 times training's scale. POD, the token behind Dolphin's distributed inference network, offers complementary exposure through its buyback mechanism and staker allocations.