Will a highly watched yet highly illegal black market for GPUs emerge before the end of 2025
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Doesn't the black market for H100s sold to China meet this criteria?

@RemNi i would say yes

Can you elaborate on what you mean by "highly watched", "highly illegal" and "black market"?

Yeah, seconding this, seems too vague to confidently predict on. Would be good to hear from @LukasPellant - what sort of things would you base your resolution of this on?