MagicDec: Breaking the Latency-Throughput Tradeoff for Long Context Generation with Speculative Decoding

Large Language Models (LLMs) have become more prevalent in long-context applications such as interactive chatbots, document analysis, and agent workflows, but it is challenging to serve long-context requests with low latency and high throughput. Speculative decoding (SD) is a widely used technique to reduce latency without sacrificing performance but the conventional wisdom suggests that its efficacy is limited to small batch sizes. In MagicDec, we show that surprisingly SD can achieve speedup even for a high throughput inference regime for moderate to long sequences. More interestingly, an intelligent drafting strategy can achieve better speedup with increasing batch size based on our rigorous analysis. MagicDec first identifies the bottleneck shifts with increasing batch size and sequence length, and uses these insights to deploy speculative decoding more effectively for high throughput inference. Then, it leverages draft models with sparse KV cache to address the KV bottleneck that scales with both sequence length and batch size. This finding underscores the broad applicability of speculative decoding in long-context serving, as it can enhance throughput and reduce latency without compromising accuracy. For moderate to long sequences, we demonstrate up to 2x speedup for LLaMA-2-7B-32K and 1.84x speedup for LLaMA-3.1-8B when serving batch sizes ranging from 32 to 256 on 8 NVIDIA A100 GPUs. The code is available at https://github.com/Infini-AI-Lab/MagicDec/.