Research

It is only the intellectually lost who ever argue - Oscar Wilde

[Research @cheatsheetze]

@cvel317 Why would a landlord for computers trade at 5-8x sales? Why wouldn’t trade for less than a reit which has appreciating assets not rapidly becoming obsolete chips?

[Research @cheatsheetze]

@danielisdizzy Mine is $2. Want to be $1?

[Research @cheatsheetze]

@Jason No. We need the black lesbians. Diversity is our strength. Believe the Jew!

[Research @cheatsheetze]

@m0xu_lab @chrisheatherly No. Not at all. How does it work? It’s mesmerizing.

[Research @cheatsheetze]

@TheStalwart The fact that you are Jewish and asking this question either means you are gaslighting or you are gaslighting.

[Research @cheatsheetze]

@JonahLupton @marilynreeb there is so much fraud in NVDA https://t.co/P35N9kH0WP

[Sam Parikh @smartertrader]

hearing nvda may canceling financing deals

if they do nbis crwv cut in 1/2 and nvda see 120-110

whena cfo does this they know THEY are legal risk as THEY themselves do the numbers

[Research @cheatsheetze]

@JonahLupton @marilynreeb seen any evidence of a slowdown yet? https://t.co/KsVW68VTQF

[Carl Quintanilla @carlquintanilla]

NYT: The $NVDA lending consortium “is in flux, according to three people ..

.. No loans have closed, and at least one of the six lenders that had agreed to it was on Thursday discussing dropping out, one of the people said.”

$GS $APO $BLK $BX $KKR
https://t.co/r00gtzjplI

[Research @cheatsheetze]

@victorywiilcome @RnaudBertrand @souljagoyteller sure

[Research @cheatsheetze]

@xenoxidal1234 @jaysyoon Jay only heard unsophisticated versions so I wanted to stay consistent with his reading level

[Research @cheatsheetze]

@victorywiilcome @RnaudBertrand @souljagoyteller Ok. I guess all the hullabaloo is over nothing. You’re right.

[Research @cheatsheetze]

@RnaudBertrand @souljagoyteller Who cares if she was a spy! He committed treason and accounting fraud. She is irrelevant.

[Research @cheatsheetze]

@RnaudBertrand @souljagoyteller Yes. But I thought maybe you would reconsider because of how obvious it is. But this proof and apparently a random coincidence that BABA gave the Haunger $300mm in Singapore to funnel chips from her fuck buddy jensen is not enough to convince you. That’s what makes a market.

[Research @cheatsheetze]

@susano2048 @tszzl @RandomSprint Ok.

[Research @cheatsheetze]

@chrisheatherly He’s giving our enemy the best weapons secretly!!!!!!!!!

[Research @cheatsheetze]

@chrisheatherly We are in an ‘AI WAR’ that we must defeated China and spend $6 trillion on now! So that’s treason selling them the most important weapons.

Or was that Ai War thing all a scam?

[will depue @willdepue]

I have a major result to share.

I’ve found conclusive forensic evidence that the top 4 Chinese AI labs—DeepSeek, Moonshot, MiniMax and Ant Group—have built their newest models on NVIDIA’s most advanced Blackwell chips, which are barred from export to China.

This sounds insane, but I discovered that almost every AI model carries a hidden signature of the GPU that trained it. When a model is first set up, the starting values of its weights are laid out in a pattern that depends on the exact GPU. Each combination of GPU and seed number produces a unique pattern—a sort of fingerprint of the hardware used to create the model. Traces of that pattern survive training into the published model.

Again, this evidence isn’t based on any insider information or leaking. It’s based on a forensic analysis of the model weights released by the companies themselves.

I searched more than six trillion combinations of chip layout and seed number and matched them to open-weights models. In doing so, I found conclusive evidence that six Chinese AI models—including DeepSeek-V4-Pro, Kimi K3, and MiniMax-M3—were initialized on NVIDIA Blackwell systems. Four of the models match Grace Blackwell, the GB200 and GB300 parts in NVIDIA’s flagship liquid-cooled rack-scale systems.

I then verified these results on real hardware. Running unmodified PyTorch with the seeds I’d recovered, a Blackwell B300 reproduced DeepSeek-V4-Flash’s untouched starting weights bit for bit, and a rented GB200 reproduced Kimi K3’s to a correlation of 0.999995. A Hopper H100 reproduced none of DeepSeek-V4-Flash’s, and changing the seed by one broke the match. (DeepSeek’s seed is 953049583 by the way.) The method also was verified to match 24 known open-weights models to the hardware that developers said they used.

It is exceedingly unlikely that these results are a coincidence. Across six trillion combinations, the best accidental match should reach only about 8 sigma (i.e., eight standard deviations above what random chance would produce). The real matches range from 49 to 1,385 sigma, and even the weakest single test hits 20.

These were data-center-scale training runs. With some analysis of release schedules and model details, I estimate that the largest, Kimi K3 and DeepSeek-V4-Pro, used 2,000 to 3,000 Blackwell GPUs each. Clusters of this size cost on the order of $150 to $200 million each to buy, and across these labs alone would add up to more than half a billion dollars of export-controlled GPUs, not counting experimental compute or otherwise. It’s quite likely that we see multi-billion dollar expenditure on export-controlled GPUs.

I am highly confident in this result, and it has been independently verified by senior researchers at OpenAI and Anthropic. You can read the full report at https://t.co/YOtzND0Jqk.

There is much more I’ve identified about these models through other forms of checkpoint forensics like this, and will have more to share soon.

[Research @cheatsheetze]

@chrisheatherly China’s running their models on Blackwell chips.

[Research @cheatsheetze]

@Semiconsight Who cares if she is a spy! Jensen is a traitor who committed treason and accounting fraud.

[Research @cheatsheetze]

@romanhelmetguy Jensen illegally funneled $40 billion in semi chips to China in an ‘ai war’. That’s treason. No one cares he fucked some hoes.

[Research @cheatsheetze]

@Lux_Stella_ @tobi Shopify ceo never funneled $40 billion in export controlled semi chips to China through Singapore though. No one care Jensen fucked some dumb hoes.