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Miller: Full-stack vertical integration creates an edge in delivering AI inference

Matt Miller · Accel: The Quiet Firm Behind Facebook, Cursor, Nebius, Lovable, Vercel · Sourcery with Molly O'Shea · Jul 6, 2026 · at 24:37

Accel partner Matt Miller describes Nebius's architectural strategy of owning data centers, server racks, GPUs, and software.

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“When you control capacity by owning the data centers and the GPUs, and you control the software, you're in an advantageous position to be able to meet the moment and deliver inference for a market that, you know, we fundamentally believe is going to grow exponentially.”

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