Speculative Decoding & Draft-Model Inference Acceleration delivers mathematically lossless 2-3x throughput acceleration for autoregressive LLM decoding by exploiting compute-bound parallel verification against memory-bound single-token generation bottlenecks; the 3-step pipeline comprises: 1) Speculative Proposal: a lightweight, ultra-fast draft model (e.g. 1B model) autoregressively drafts
K candidate tokens sequentially; 2) Parallel Verification: the large target model (e.g. 70B model) executes a single parallel forward pass across all
K proposed tokens simultaneously, computing target probability distributions in one matrix operation; 3) Rejection Sampling: sequentially evaluating each token under acceptance threshold
αi=min(1,Pdraft(xi)Ptarget(xi)); if a token is rejected, the target model samples a replacement token and discards remaining drafts, guaranteeing exact mathematical equivalence to native target generation.