{
 "rows": [
  {
   "id": "R01",
   "t": 18,
   "ts": "00:18",
   "topic": "Resignation",
   "claim": "Jensen Huang is resigning as Nvidia CEO.",
   "verdict": "Confirmed",
   "finding": "Nvidia's board accepted Huang's resignation as president, CEO and director on 11 Nov 2026, effective immediately. The 8-K and press release went out before the market opened on 12 Nov and give no reason. Several outlets describe the board as having pushed him out.",
   "src1_name": "SEC: Nvidia Form 8-K",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000082/nvda-20261111.htm",
   "src2_name": "Nvidia: CEO transition release",
   "src2_url": "https://nvidianews.nvidia.com/news/nvidia-announces-ceo-transition",
   "src3_name": "CNBC: live updates, 12 Nov",
   "src3_url": "https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-ceo-live-updates.html",
   "chapter": 1,
   "evidence": "stock",
   "evidence_match": ""
  },
  {
   "id": "R02",
   "t": 29,
   "ts": "00:29",
   "topic": "Resignation",
   "claim": "CFO Colette Kress is stepping up as interim CEO.",
   "verdict": "Confirmed",
   "finding": "The 8-K names Kress interim CEO. She stays CFO, a job she has held since 2013. Director Harvey C. Jones became Nvidia's first board chair the same day.",
   "src1_name": "SEC: Nvidia Form 8-K",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000082/nvda-20261111.htm",
   "src2_name": "CNBC: Who is Colette Kress?",
   "src2_url": "https://www.cnbc.com/2026/11/12/colette-kress-nvidia-cfo-interim-ceo-candidate.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "timeline",
   "evidence_match": "Huang resigns|Scheduled"
  },
  {
   "id": "R03",
   "t": 454,
   "ts": "07:34",
   "topic": "Resignation",
   "claim": "What pushed it over the edge was a second affair, with Nvidia's VP of health; the NYT reported they were affectionate at an Nvidia conference.",
   "verdict": "Mostly accurate",
   "finding": "On 11 Nov the NYT reported a relationship with Kimberly Powell, VP of Healthcare and Life Sciences, citing five former employees and a video from a San Jose hotel during GTC in March 2026. The Times said it had not seen the video. Huang, Powell and Nvidia haven't confirmed it. The board met within a day, and Reuters later reported another relationship with an employee.",
   "src1_name": "TechCrunch: Huang accused of another affair",
   "src1_url": "https://techcrunch.com/2026/11/11/jensen-huang-accused-of-having-another-affair-with-a-nvidia-exec/",
   "src2_name": "Newsweek: Who is Kimberly Powell?",
   "src2_url": "https://www.newsweek.com/who-is-kimberly-powell-nvidia-exec-alleged-to-have-had-affair-with-jenson-huang-12703600",
   "src3_name": "Forbes: report of a third affair",
   "src3_url": "https://www.forbes.com/sites/alisondurkee/2026/11/12/jensen-huang-had-a-third-affair-with-another-nvidia-employee-report-says/",
   "chapter": 3,
   "evidence": "timeline",
   "evidence_match": "Kimberly Powell|unfaithful"
  },
  {
   "id": "R04",
   "t": 280,
   "ts": "04:40",
   "topic": "Resignation",
   "claim": "By his own admission, Huang had an affair with \"Alice Wang\".",
   "verdict": "Mostly accurate",
   "finding": "Huang's 8 Nov email to staff, posted by Nvidia, says he was unfaithful to his wife. It names no one, but came after the Alice Huang reports and is widely read as acknowledging that relationship. Her name is Alice Huang (Huang Le). She used \"Alice Wong\" in Singapore and is not related to Jensen.",
   "src1_name": "Nvidia: A Message to Our Company",
   "src1_url": "https://nvidianews.nvidia.com/news/a-message-to-our-company",
   "src2_name": "CNBC: Trump on Huang and 'spy'",
   "src2_url": "https://www.cnbc.com/2026/11/09/trump-jensen-huang-nvidia-chinese-spy.html",
   "src3_name": "Singapore MHA statement",
   "src3_url": "https://www.mha.gov.sg/media-room/newsroom/singapore-investigations-into-alice-huang-huang-le-and-megaspeed-international-pte-ltd/",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "unfaithful|photographed|close relationship"
  },
  {
   "id": "R05",
   "t": 439,
   "ts": "07:19",
   "topic": "Resignation",
   "claim": "A leak connected to Marco Rubio showed the US government believed Alice was a Chinese (MSS) spy.",
   "verdict": "Mostly accurate",
   "finding": "The NYT reported on 6 Nov a classified memo concluding China's Ministry of State Security had recruited her, and on 8 Nov that Rubio oversaw its drafting. The memo itself hasn't been published. China calls it fabricated, Rep. Jim Himes questioned the intelligence, and Singapore says it never investigated her for espionage.",
   "src1_name": "CNBC: congressional scrutiny",
   "src1_url": "https://www.cnbc.com/2026/11/08/jensen-huang-nvidia-china-spy-congress.html",
   "src2_name": "Anadolu: Rubio oversaw memo (NYT)",
   "src2_url": "https://aa.com.tr/en/americas/rubio-oversaw-classified-memo-alleging-nvidia-ceo-s-ties-to-suspected-chinese-intelligence-operative-report/4116377",
   "src3_name": "Wikipedia: Alice Huang",
   "src3_url": "https://en.wikipedia.org/wiki/Alice_Huang_(executive)",
   "chapter": 3,
   "evidence": "timeline",
   "evidence_match": "classified memo|spy"
  },
  {
   "id": "R06",
   "t": 69,
   "ts": "01:09",
   "topic": "Resignation",
   "claim": "The DOJ is already investigating Jensen Huang, Nvidia and Super Micro.",
   "verdict": "Needs context",
   "finding": "Reports describe DOJ inquiries into Megaspeed and entities tied to Alice Huang, including over Super Micro servers, plus a separate antitrust inquiry into Nvidia (Semafor). No outlet names Huang as a target, and reports say there's no sign prosecutors plan to charge Nvidia or Huang. The attorney general said no conclusions have been reached.",
   "src1_name": "Investing.com (Semafor): DOJ probes widen",
   "src1_url": "https://www.investing.com/news/stock-market-news/super-micro-shares-tumble-as-doj-probes-widen-to-nvidia-semafor-reports-5022744",
   "src2_name": "Seoul Economic Daily (Bloomberg)",
   "src2_url": "https://en.sedaily.com/world/2026/11/13/us-probes-jensen-huangs-alleged-mistress-over-chip-smuggling",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "timeline",
   "evidence_match": "DOJ|Semafor"
  },
  {
   "id": "R07",
   "t": 59,
   "ts": "00:59",
   "topic": "Resignation",
   "claim": "Huang \"very clearly ran\" a large illegal GPU smuggling operation, shipping billions of dollars of GPUs to China.",
   "verdict": "Unverified",
   "finding": "Reporting alleges billions of dollars of Nvidia chips reached China through firms tied to Alice Huang's family (The Information puts it at about $7.5B). Nothing published shows Huang ran or directed smuggling. He hasn't been charged, Nvidia says its checks found no diversion, and Megaspeed denies wrongdoing. The host adds a legal disclaimer right afterwards.",
   "src1_name": "Dealroom (The Information): $7B-plus sales",
   "src1_url": "https://dealroom.co/news/info-1m5h0f4-how-jensen-huangs-yearslong-ties-to-alice-huang-enabled-7-billion-plus-n/",
   "src2_name": "Yahoo (Bloomberg): Nvidia intervened in probe",
   "src2_url": "https://finance.yahoo.com/technology/ai/articles/nvidia-intervened-us-probe-megaspeed-212826572.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "diversion",
   "evidence_match": ""
  },
  {
   "id": "R08",
   "t": 85,
   "ts": "01:25",
   "topic": "Resignation",
   "claim": "Several of Huang's children work at Nvidia.",
   "verdict": "Confirmed",
   "finding": "Madison Huang (senior director, physical AI and robotics marketing) and Spencer Huang (director, robotics product management) both work there, as does Madison's husband Nico Caprez (VP). Per the 2026 proxy, neither child is an executive officer.",
   "src1_name": "Fortune: Nvidia succession plan",
   "src1_url": "https://fortune.com/2026/11/09/what-is-nvidia-ceo-succession-plan-jensen-huang-son-in-law-nico-caprez/",
   "src2_name": "CNBC: live updates, 12 Nov",
   "src2_url": "https://www.cnbc.com/2026/11/12/nvidia-jensen-huang-ceo-live-updates.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "",
   "evidence_match": ""
  },
  {
   "id": "R09",
   "t": 92,
   "ts": "01:32",
   "topic": "Resignation",
   "claim": "Kress argued with Huang's children over circular-financing deals and pushed back on the backstop for OpenAI's Ohio data center.",
   "verdict": "Needs context",
   "finding": "The Information reported on 12 Nov, from anonymous sources, that Kress pushed back on deals Huang championed, including a proposed backstop of roughly $250B for OpenAI. CNBC relayed that she opposed the Ohio guarantee signed in August. No report describes a clash with Huang's children.",
   "src1_name": "AI Weekly (The Information): Kress pushback",
   "src1_url": "https://aiweekly.co/alerts/nvidia-interim-ceo-kress-pushed-back-on-openai-backstop",
   "src2_name": "Fortune: AI industry without Huang",
   "src2_url": "https://fortune.com/2026/11/12/ai-industry-without-jensen-huang-investment-capital-regulation-neocloud-policy/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "commitments",
   "evidence_match": "OpenAI"
  },
  {
   "id": "R10",
   "t": 803,
   "ts": "13:23",
   "topic": "Resignation",
   "claim": "General counsel Tim Teter leaned on the Commerce Department over its Megaspeed probe and asked about Alice's 2024 detention in Singapore.",
   "verdict": "Mostly accurate",
   "finding": "Bloomberg and the NYT reported that Teter contacted BIS investigators in August 2025 and asked Under Secretary Jeffrey Kessler whether the US had a role in her detention. \"Intimidating\" is the speaker's word. The detention was in June 2025, not 2024: Singapore police interviewed her and held her passport until February 2026.",
   "src1_name": "Bloomberg: Nvidia intervened in probe",
   "src1_url": "https://www.bloomberg.com/news/articles/2026-11-09/nvidia-intervened-in-us-probe-of-megaspeed-chip-smuggling",
   "src2_name": "Singapore MHA statement",
   "src2_url": "https://www.mha.gov.sg/media-room/newsroom/singapore-investigations-into-alice-huang-huang-le-and-megaspeed-international-pte-ltd/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "timeline",
   "evidence_match": "general counsel|passport"
  },
  {
   "id": "R11",
   "t": 44,
   "ts": "00:44",
   "topic": "Resignation",
   "claim": "People are leaving flowers outside Nvidia HQ.",
   "verdict": "Confirmed",
   "finding": "Photos from 12 Nov show bouquets and at least one candle at the Nvidia sign in Santa Clara.",
   "src1_name": "Yahoo Finance: flowers at Nvidia HQ",
   "src1_url": "https://uk.finance.yahoo.com/news/photos-show-flowers-outside-nvidia-235717206.html",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "stock",
   "evidence_match": "NVDA close|Change on resignation"
  },
  {
   "id": "S01",
   "t": 165,
   "ts": "02:45",
   "topic": "Smuggling probe",
   "claim": "It began in 2024, when Singapore app developer 7Road was rebranded Megaspeed and taken over by a company owned by Huang Le, also known as Alice Huang.",
   "verdict": "Mostly accurate",
   "finding": "The rename was in March 2023, not 2024, when the shares moved to a British Virgin Islands company called Huang Le Ltd. She was managing director for about eight months before the shares went to Swiftdata in November 2023. Megaspeed's assets then grew from $33M (2023) to $3B (2024).",
   "src1_name": "Investing.com (Reuters): Megaspeed factbox",
   "src1_url": "https://www.investing.com/news/stock-market-news/factboxwhat-we-know-about-megaspeed-singaporebased-customer-of-nvidia-5014126",
   "src2_name": "The Wire China: Rise of Alice Huang",
   "src2_url": "https://www.thewirechina.com/2026/11/11/the-rise-and-rise-of-alice-huang/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "7Road|Swiftdata"
  },
  {
   "id": "S02",
   "t": 184,
   "ts": "03:04",
   "topic": "Smuggling probe",
   "claim": "Megaspeed pledged all its assets to Alibaba for a big loan to buy Nvidia GPUs, and Alibaba introduced Alice to Jensen.",
   "verdict": "Needs context",
   "finding": "Records show Megaspeed's Malaysian unit Speedmatrix pledged its equipment and IP to Alibaba-owned Apex Enterprise Solutions in June 2024. No loan amount is public. The WSJ reports Jensen was introduced to Alice by her husband Kang Wei, not by Alibaba, although the FT says Nvidia first met Megaspeed through its Alibaba contract.",
   "src1_name": "Asia News Network (Straits Times)",
   "src1_url": "https://asianews.network/alibaba-megaspeed-financing-link-traced-via-singapore-malaysia-units-amid-nvidia-chip-scrutiny/",
   "src2_name": "Silicon UK (FT)",
   "src2_url": "https://www.silicon.co.uk/e-regulation/legal/china-spy-nvidia-632267",
   "src3_name": "Implicator (WSJ): Kang Wei",
   "src3_url": "https://www.implicator.ai/kang-wei-alice-huang-megaspeed-nvidia/",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "Speedmatrix|photographed"
  },
  {
   "id": "S03",
   "t": 212,
   "ts": "03:32",
   "topic": "Smuggling probe",
   "claim": "The NYT and Bloomberg reported they met regularly, and that Alice could summon Jensen at a moment's notice.",
   "verdict": "Needs context",
   "finding": "Documented meetings include a June 2024 Taipei bar gathering and a May 2025 Taipei dinner. Reports of a close relationship only began on 29 Oct 2026. The \"summon\" line isn't in the NYT's published reporting. Zitron attributes it to a NYT reporter's TV interview, which we couldn't check.",
   "src1_name": "Yahoo (Business Insider): photos over the years",
   "src1_url": "https://www.yahoo.com/news/us/articles/photos-show-jensen-huang-alice-050535968.html",
   "src2_name": "Where's Your Ed At: Jensen's Bizarre Adventure",
   "src2_url": "https://www.wheresyoured.at/jensens-bizarre-adventure/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "photographed|close relationship"
  },
  {
   "id": "S04",
   "t": 396,
   "ts": "06:36",
   "topic": "Smuggling probe",
   "claim": "The NYT reported on Megaspeed in October 2025, with a photo of Alice next to Jensen at Computex 2024.",
   "verdict": "Mostly accurate",
   "finding": "The NYT published its Megaspeed investigation on 9 Oct 2025. The photo is real: it was taken at a Taipei bar during Computex week in June 2024 and first posted on LinkedIn. We couldn't confirm that the 2025 article itself ran it.",
   "src1_name": "NYT: A Mystery C.E.O. and Billions in Sales",
   "src1_url": "https://www.nytimes.com/2025/10/09/technology/nvidia-chips-china-megaspeed.html",
   "src2_name": "Yahoo (Business Insider): photos",
   "src2_url": "https://www.yahoo.com/news/us/articles/photos-show-jensen-huang-alice-050535968.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 3,
   "evidence": "timeline",
   "evidence_match": "NYT publishes|photographed"
  },
  {
   "id": "S05",
   "t": 221,
   "ts": "03:41",
   "topic": "Smuggling probe",
   "claim": "Bloomberg (Dec 2025) found Megaspeed's GPU website and investor deck, plus an identical Chinese company, \"Shanghai Hexi\", also run by Huang Le, with data centers in China.",
   "verdict": "Mostly accurate",
   "finding": "Bloomberg's 22 Dec 2025 feature did find a near-identical site, but the company was Shanghai Shuoyao, which listed data centers in Beijing, Shanghai, Shenzhen and Wuhu. Bloomberg did not say Huang Le ran it. Shanghai Hexi is a separate private-equity firm founded by her husband.",
   "src1_name": "Bloomberg: Megaspeed feature",
   "src1_url": "https://www.bloomberg.com/news/features/2025-12-22/nvidia-partner-megaspeed-draws-china-chip-smuggling-concerns-in-us",
   "src2_name": "Communications Today (Bloomberg)",
   "src2_url": "https://www.communicationstoday.co.in/megaspeed-emerges-as-southeast-asias-largest-buyer-of-nvidia-ai-chips/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "Shuoyao"
  },
  {
   "id": "S06",
   "t": 271,
   "ts": "04:31",
   "topic": "Smuggling probe",
   "claim": "The Information reported that a Megaspeed company invested in DeepSeek and promised it Nvidia GPUs.",
   "verdict": "Mostly accurate",
   "finding": "On 12 Nov 2026 The Information reported that Century Litong and its parent Jiangsu Lettall, linked to Alice Huang's sister, joined DeepSeek's funding round of about $15.8B in order to obtain Blackwell chips. The firms are tied to Alice Huang's family, not to Megaspeed. Litong denies any dealings with her.",
   "src1_name": "Investing.com (The Information): DeepSeek",
   "src1_url": "https://www.investing.com/news/stock-market-news/companies-tied-to-alice-huang-invested-in-deepseek-to-supply-nvidia-chips--report-5022509",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "diversion",
   "evidence_match": "Litong"
  },
  {
   "id": "S07",
   "t": 148,
   "ts": "02:28",
   "topic": "Smuggling probe",
   "claim": "Culper Research's May 2026 short report linked Megaspeed's \"Speed Matrix\" unit and suggested the Super Micro buyer was a Megaspeed subsidiary.",
   "verdict": "Mostly accurate",
   "finding": "Culper, which is short Nvidia, published \"The China Problem\" on 13 May 2026, citing $4.6B of imports by Speedmatrix. It accepted Bloomberg's identification of the Super Micro buyer as Bangkok-based OBON and called OBON a Megaspeed affiliate, not a subsidiary. OBON has not been charged.",
   "src1_name": "Culper Research: The China Problem (PDF)",
   "src1_url": "https://culperresearch.com/wp-content/uploads/2026/05/Culper_NVDA_5-13-2026.pdf",
   "src2_name": "TechCrunch: short seller flagged ties",
   "src2_url": "https://techcrunch.com/2026/11/09/a-short-seller-flagged-nvidia-ceos-ties-to-a-suspected-chinese-spy-six-months-before-the-scandal/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "timeline",
   "evidence_match": "Culper|Liaw"
  },
  {
   "id": "S08",
   "t": 310,
   "ts": "05:10",
   "topic": "Smuggling probe",
   "claim": "In March, Super Micro co-founder Wally Liaw was arrested for smuggling GPUs, using a hair dryer to move serial labels onto dummy servers and fool Commerce.",
   "verdict": "Confirmed",
   "finding": "Federal prosecutors in Manhattan unsealed the indictment on 19 Mar 2026. It covers about $2.5B of servers sold to a Southeast Asian buyer, about $510M of which allegedly went to China. Prosecutors say a co-defendant used a hair dryer to move serial labels onto dummy servers that were later shown to a Commerce Department audit. Liaw pleaded not guilty and goes to trial in March 2027; co-defendant Willy Sun pleaded guilty in October 2026.",
   "src1_name": "DOJ SDNY: three charged",
   "src1_url": "https://www.justice.gov/usao-sdny/pr/three-charged-conspiring-unlawfully-divert-us-artificial-intelligence-technology-china",
   "src2_name": "Fortune: Supermicro co-founder arrested",
   "src2_url": "https://fortune.com/2026/03/19/supermicro-arrested-founder-smuggling-gpu-china/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 2,
   "evidence": "diversion",
   "evidence_match": "Super Micro"
  },
  {
   "id": "S09",
   "t": 363,
   "ts": "06:03",
   "topic": "Smuggling probe",
   "claim": "The reporting directly shows Nvidia selling GPUs through subsidiaries to the Chinese.",
   "verdict": "Disputed",
   "finding": "The subsidiaries in the reporting belong to Megaspeed, an Nvidia customer, not to Nvidia. Bloomberg found much of Megaspeed's Nvidia hardware missing from the sites described to officials. Nvidia says its checks found no diversion, and no one at Megaspeed, OBON or Alibaba has been charged.",
   "src1_name": "Yahoo (Bloomberg): Nvidia intervened in probe",
   "src1_url": "https://finance.yahoo.com/technology/ai/articles/nvidia-intervened-us-probe-megaspeed-212826572.html",
   "src2_name": "Communications Today (Bloomberg)",
   "src2_url": "https://www.communicationstoday.co.in/megaspeed-emerges-as-southeast-asias-largest-buyer-of-nvidia-ai-chips/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 3,
   "evidence": "diversion",
   "evidence_match": "Megaspeed"
  },
  {
   "id": "S10",
   "t": 114,
   "ts": "01:54",
   "topic": "Smuggling probe",
   "claim": "As much as 20% of Nvidia's revenue came from selling chips to sanctioned countries.",
   "verdict": "Disputed",
   "finding": "The figure appears to come from Culper's estimate, published without a method, that more than 20% of FY2026 compute revenue was driven by China. China is under export controls, not sanctions. The figure is easily confused with Singapore's 18–22% share of billing, which Nvidia says almost all ships elsewhere for US-based customers.",
   "src1_name": "Nvidia 10-Q, quarter to 27 Jul 2025",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581025000209/nvda-20250727.htm",
   "src2_name": "Bollwerk: reading the Culper report",
   "src2_url": "https://bollwerk.ai/blog/nvda-culper-short-report/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 1,
   "evidence": "geo",
   "evidence_match": ""
  },
  {
   "id": "S11",
   "t": 412,
   "ts": "06:52",
   "topic": "Smuggling probe",
   "claim": "Zitron wrote about the identical websites in March 2026.",
   "verdict": "Confirmed",
   "finding": "His 24 Mar 2026 newsletter, \"The AI Industry Is Lying To You\", passed on Bloomberg's finding. It used the name Shanghai Hexi.",
   "src1_name": "Where's Your Ed At, 24 Mar 2026",
   "src1_url": "https://www.wheresyoured.at/the-ai-industry-is-lying-to-you/",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 3,
   "evidence": "timeline",
   "evidence_match": "Zitron|Shuoyao"
  },
  {
   "id": "S12",
   "t": 418,
   "ts": "06:58",
   "topic": "Smuggling probe",
   "claim": "Gamers Nexus released its investigation in August 2026.",
   "verdict": "Needs context",
   "finding": "Gamers Nexus's 3.5-hour documentary on the AI GPU black market came out in August 2025, not 2026. It covers the wider smuggling trade, not Megaspeed. We found no August 2026 video.",
   "src1_name": "Lowyat: Gamers Nexus investigation",
   "src1_url": "https://www.lowyat.net/2025/363052/gamers-nexus-ai-gpu-black-market-china/",
   "src2_name": "Notebookcheck: copyright strike",
   "src2_url": "https://www.notebookcheck.net/Gamers-Nexus-YouTube-channel-at-risk-after-Nvidia-AI-GPU-smuggling-video-prompts-copyright-strike.1096164.0.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 3,
   "evidence": "timeline",
   "evidence_match": "Gamers Nexus"
  },
  {
   "id": "C01",
   "t": 622,
   "ts": "10:22",
   "topic": "Circular financing",
   "claim": "Huang spent over $100B of Nvidia's money on circular financing.",
   "verdict": "Needs context",
   "finding": "The OpenAI letter of intent for up to $100B (September 2025) never became binding and was replaced by a $30B stake. Nvidia put $17.5B of cash into equity stakes in FY2026 and $42.4B in the first half of FY2027. Counting guarantees (up to $108.5B) and capacity agreements, exposure is well above $100B, but most of it isn't money spent.",
   "src1_name": "Nvidia IR: OpenAI 10 GW partnership",
   "src1_url": "https://investor.nvidia.com/news/press-release-details/2025/OpenAI-and-NVIDIA-Announce-Strategic-Partnership-to-Deploy-10-Gigawatts-of-NVIDIA-Systems/",
   "src2_name": "CNBC: $30B 'might be the last'",
   "src2_url": "https://www.cnbc.com/2026/03/04/nvidia-huang-openai-investment.html",
   "src3_name": "Nvidia 10-Q, quarter to 26 Jul 2026",
   "src3_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm",
   "chapter": 5,
   "evidence": "exposure",
   "evidence_match": ""
  },
  {
   "id": "C02",
   "t": 965,
   "ts": "16:05",
   "topic": "Circular financing",
   "claim": "Nvidia put $30B into OpenAI this year.",
   "verdict": "Confirmed",
   "finding": "Nvidia committed $30B to OpenAI's $110B round, announced on 27 Feb 2026 alongside Amazon and SoftBank.",
   "src1_name": "CNBC: OpenAI $110B round",
   "src1_url": "https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html",
   "src2_name": "TechCrunch: Nvidia's $43B of startup holdings",
   "src2_url": "https://techcrunch.com/2026/05/20/nvidia-posts-another-record-quarter-reveals-43-billion-of-holdings-in-startups/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "commitments",
   "evidence_match": "OpenAI"
  },
  {
   "id": "C03",
   "t": 971,
   "ts": "16:11",
   "topic": "Circular financing",
   "claim": "Nvidia put about $5B into Anthropic.",
   "verdict": "Needs context",
   "finding": "Nvidia pledged up to $10B in November 2025. The $5B figure was Microsoft's pledge. How much Nvidia has actually paid in hasn't been disclosed.",
   "src1_name": "CNBC: Microsoft, Nvidia invest in Anthropic",
   "src1_url": "https://www.cnbc.com/2025/11/18/anthropic-ai-azure-microsoft-nvidia.html",
   "src2_name": "Anthropic: Series G",
   "src2_url": "https://www.anthropic.com/news/anthropic-raises-30-billion-series-g-funding-380-billion-post-money-valuation",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "commitments",
   "evidence_match": "Anthropic"
  },
  {
   "id": "C04",
   "t": 976,
   "ts": "16:16",
   "topic": "Circular financing",
   "claim": "Nvidia was going to put $2–3B into Perplexity.",
   "verdict": "Unverified",
   "finding": "The Information reported in August 2026 that Nvidia was in talks to join a Perplexity round at a valuation above $30B, but gave no Nvidia amount. No deal has been reported.",
   "src1_name": "PYMNTS: Nvidia considers Perplexity",
   "src1_url": "https://www.pymnts.com/news/artificial-intelligence/2026/nvidia-considers-backing-perplexity-30-billion-dollar-valuation/",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "",
   "evidence_match": ""
  },
  {
   "id": "C05",
   "t": 752,
   "ts": "12:32",
   "topic": "Circular financing",
   "claim": "Nvidia agreed to put $10B toward Anthropic's IPO.",
   "verdict": "Confirmed",
   "finding": "Anthropic's 10 Nov filing describes a $26B private placement alongside the IPO. Nvidia's part is about $10B at the midpoint price, and it only goes ahead if the IPO closes.",
   "src1_name": "SEC: Anthropic offering summary",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0002130357/000162828026072953/anthropicpbc-fwpauswrapcap.htm",
   "src2_name": "Yahoo Finance: Anthropic IPO explainer",
   "src2_url": "https://finance.yahoo.com/technology/ai/article/anthropic-ipo-what-we-know-143321078.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "commitments",
   "evidence_match": "Anthropic"
  },
  {
   "id": "C06",
   "t": 1062,
   "ts": "17:42",
   "topic": "Circular financing",
   "claim": "Microsoft, AMD, Micron, TSMC and Nvidia agreed to invest $26B in Anthropic's IPO.",
   "verdict": "Mostly accurate",
   "finding": "The $26B total is right, but the list leaves out the largest buyer, Google (about $10B), and Broadcom. The rest: Nvidia about $10B, AMD $2.5B, Broadcom, Micron and Microsoft $1B each, TSMC $0.5B.",
   "src1_name": "SEC: Anthropic offering summary",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0002130357/000162828026072953/anthropicpbc-fwpauswrapcap.htm",
   "src2_name": "SEC: Anthropic S-1/A",
   "src2_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026072484/0001628280-26-072484-index.htm",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "commitments",
   "evidence_match": "Anthropic IPO"
  },
  {
   "id": "C07",
   "t": 631,
   "ts": "10:31",
   "topic": "Circular financing",
   "claim": "Huang signed the contracts to backstop OpenAI's Ohio data center.",
   "verdict": "Confirmed",
   "finding": "On 17 Aug 2026 Nvidia guaranteed up to $105B of 20-year leases for an OpenAI affiliate at SB Energy's PORTS campus in Pike County, Ohio. Nvidia pays only if OpenAI defaults.",
   "src1_name": "Nvidia: PORTS-Pike guarantee",
   "src1_url": "https://nvidianews.nvidia.com/news/nvidia-guarantees-sb-energy-s-ports-pike-technology-campus-in-ohio-to-exclusively-host-nvidia-ai-compute",
   "src2_name": "Data Center Knowledge: $105B guarantee",
   "src2_url": "https://www.datacenterknowledge.com/data-center-construction/nvidia-backs-openai-s-ohio-data-center-buildout-with-105b-guarantee",
   "src3_name": "Nvidia 10-Q, quarter to 26 Jul 2026",
   "src3_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm",
   "chapter": 5,
   "evidence": "commitments",
   "evidence_match": "Ohio|SB Energy"
  },
  {
   "id": "C08",
   "t": 904,
   "ts": "15:04",
   "topic": "Circular financing",
   "claim": "There's an Nvidia backstop on an Anthropic data center through Nscale.",
   "verdict": "Needs context",
   "finding": "Bloomberg reported on 29 Oct 2026 that Nvidia was in talks to guarantee debt, reportedly over $5B, for Nscale's West Virginia campus, which Anthropic will use. No signed deal has been reported.",
   "src1_name": "Bloomberg: Nvidia talks on Nscale",
   "src1_url": "https://www.bloomberg.com/news/articles/2026-10-29/nvidia-in-talks-to-offer-credit-support-for-nscale-project",
   "src2_name": "TechCrunch: Nvidia weighs cosigning",
   "src2_url": "https://techcrunch.com/2026/10/30/nvidia-weighs-playing-the-cosigner-for-nscales-ai-data-center-in-west-virginia/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "commitments",
   "evidence_match": "Nscale"
  },
  {
   "id": "C09",
   "t": 740,
   "ts": "12:20",
   "topic": "Circular financing",
   "claim": "Jensen bailed out struggling companies: CoreWeave got \"two billy\", and Poolside and Perplexity got help too.",
   "verdict": "Mostly accurate",
   "finding": "Nvidia bought $2B of CoreWeave stock in January 2026 and agreed in 2025 to buy up to $6.3B of its unsold capacity through 2032. It put $1B into Poolside and paid $6B for a license. Perplexity is only at the talks stage.",
   "src1_name": "RCR Wireless: $6.3B CoreWeave capacity",
   "src1_url": "https://rcrwireless.com/20250916/ai-infrastructure/nvidia-cloud",
   "src2_name": "PYMNTS: Poolside license",
   "src2_url": "https://www.pymnts.com/news/artificial-intelligence/2026/nvidia-pays-6-billion-to-license-poolside-ai-model-development-software/",
   "src3_name": "CNBC: CoreWeave CDS",
   "src3_url": "https://www.cnbc.com/2026/10/15/coreweave-credit-default-swaps-hit-distress-levels-as-investors-sour-on-ai-debt.html",
   "chapter": 5,
   "evidence": "commitments",
   "evidence_match": "CoreWeave|Poolside"
  },
  {
   "id": "C10",
   "t": 879,
   "ts": "14:39",
   "topic": "Circular financing",
   "claim": "TD Cowen says Oracle has been doing vendor financing with Nvidia, and Nvidia has signed leases and passed them to Oracle.",
   "verdict": "Needs context",
   "finding": "TD Cowen's 20 Oct 2026 note, based on channel checks, said Nvidia may be giving Oracle credit support, either by guaranteeing its leases or by leasing buildings and subleasing them to Oracle. Neither company confirmed. The video states it as fact.",
   "src1_name": "Yahoo (24/7 Wall St): TD Cowen on Oracle",
   "src1_url": "https://finance.yahoo.com/markets/stocks/articles/td-cowen-thinks-nvidia-helping-124554129.html",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "timeline",
   "evidence_match": "TD Cowen"
  },
  {
   "id": "C11",
   "t": 1005,
   "ts": "16:45",
   "topic": "Circular financing",
   "claim": "SpaceX set up an SPV that Nvidia put $2B into, which then borrowed to buy Nvidia GPUs.",
   "verdict": "Mostly accurate",
   "finding": "The deal was xAI's, in October 2025: a $20B vehicle with $7.5B of equity and $12.5B of debt, with Nvidia putting in up to $2B of the equity. SpaceX bought xAI in February 2026.",
   "src1_name": "TipRanks: Nvidia $2B in xAI vehicle",
   "src1_url": "https://www.tipranks.com/news/nvidia-to-invest-2b-in-musks-xai-20b-funding-round",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "commitments",
   "evidence_match": "xAI"
  },
  {
   "id": "C12",
   "t": 1029,
   "ts": "17:09",
   "topic": "Circular financing",
   "claim": "Morgan Stanley and the FT described Nvidia as \"balance sheet as a service\".",
   "verdict": "Mostly accurate",
   "finding": "Morgan Stanley's credit analysts used the phrase in late August 2026. We found no FT article that uses it.",
   "src1_name": "IFR: commitments surpass $530bn",
   "src1_url": "https://www.ifre.com/bonds/2476015/nvidia-defends-circular-finance-deals-as-commitments-surpass-us530bn",
   "src2_name": "Yahoo Finance: central bank of AI",
   "src2_url": "https://finance.yahoo.com/markets/article/nvidia-is-looking-more-like-the-central-bank-of-ai-chart-of-the-day-213156835.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "exposure",
   "evidence_match": "analyst|guarantee"
  },
  {
   "id": "C13",
   "t": 700,
   "ts": "11:40",
   "topic": "Circular financing",
   "claim": "The WSJ reported that neoclouds that took Google TPUs or AMD chips were put in \"Jensen jail\".",
   "verdict": "Needs context",
   "finding": "The WSJ (June 2026) quoted an investor saying some neoclouds fear \"Jensen jail\", meaning they'd lose Nvidia allocations if they switched spending to rivals. It described a fear, not documented cases, and didn't mention AMD.",
   "src1_name": "The Next Web (WSJ)",
   "src1_url": "https://thenextweb.com/news/google-nvidia-playbook-tpu-circular-financing-anthropic",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "timeline",
   "evidence_match": "Jensen jail"
  },
  {
   "id": "C14",
   "t": 1219,
   "ts": "20:19",
   "topic": "Circular financing",
   "claim": "Huang and Wall Street bosses touted a $500B data-center plan on CNBC that \"never existed\"; per Bloomberg, Goldman struggled with it.",
   "verdict": "Needs context",
   "finding": "On 10 Aug 2026 Nvidia signed non-binding memorandums of understanding (MOUs) with Apollo, Blackstone, BlackRock, Brookfield, Goldman and KKR, aiming to draw more than $500B into AI infrastructure. Huang appeared on CNBC with Fink, Gray and Solomon. No deals had been announced by early October, but the agreements do exist. We found no Bloomberg report of Goldman struggling with this platform.",
   "src1_name": "CNBC: $500B financing lineup",
   "src1_url": "https://www.cnbc.com/2026/08/10/nvidia-wall-street-asset-managers-500-billion-ai-push.html",
   "src2_name": "Yahoo (Bloomberg): AI debt machine",
   "src2_url": "https://finance.yahoo.com/technology/ai/articles/wall-street-ai-debt-machine-103000166.html",
   "src3_name": "",
   "src3_url": "",
   "chapter": 7,
   "evidence": "timeline",
   "evidence_match": "Wall Street firms"
  },
  {
   "id": "C15",
   "t": 1042,
   "ts": "17:22",
   "topic": "Circular financing",
   "claim": "Venture capital is running low, and debt is no longer easy to get.",
   "verdict": "Needs context",
   "finding": "Debt has tightened. Bloomberg (28 Oct) reports double-digit yields on many data-center loans, and CoreWeave's credit-default-swap spread is above 1,000 bp. Venture money isn't running low overall: US deal value reached a record $515.8B through Q3 2026, though Q3 alone fell about 40% from Q2.",
   "src1_name": "Yahoo (Bloomberg): AI debt machine",
   "src1_url": "https://finance.yahoo.com/technology/ai/articles/wall-street-ai-debt-machine-103000166.html",
   "src2_name": "PitchBook-NVCA Venture Monitor Q3 2026",
   "src2_url": "https://pitchbook.com/news/reports/q3-2026-pitchbook-nvca-venture-monitor",
   "src3_name": "",
   "src3_url": "",
   "chapter": 6,
   "evidence": "timeline",
   "evidence_match": "debt machine"
  },
  {
   "id": "N01",
   "t": 564,
   "ts": "09:24",
   "topic": "Nvidia record",
   "claim": "Around 2000 Nvidia had an accounting scandal: the CFO resigned, the SEC didn't fine Nvidia, and the CFO paid over $600K over a hidden $3.3M payment.",
   "verdict": "Mostly accurate",
   "finding": "The conduct took place in 2000, but the SEC action came in September 2003. Former CFO Christine Hoberg paid $671,695, including a $75,000 penalty, over a $3.3M supplier arrangement split into two agreements. Nvidia received a cease-and-desist order with no fine and restated its results.",
   "src1_name": "SEC: Litigation Release 18343",
   "src1_url": "https://www.sec.gov/litigation/litreleases/lr-18343",
   "src2_name": "Nvidia 8-K: SEC concludes investigation",
   "src2_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000089109203002448/e15681ex99-1.txt",
   "src3_name": "",
   "src3_url": "",
   "chapter": 4,
   "evidence": "timeline",
   "evidence_match": "SEC"
  },
  {
   "id": "N02",
   "t": 585,
   "ts": "09:45",
   "topic": "Nvidia record",
   "claim": "In 2022 the SEC got Nvidia for crediting gaming growth to games when crypto miners were driving it.",
   "verdict": "Confirmed",
   "finding": "On 6 May 2022 Nvidia paid $5.5M to settle SEC charges that two FY2018 quarterly reports failed to disclose crypto mining's role in gaming revenue. The SEC order doesn't mention Fortnite or PUBG.",
   "src1_name": "SEC: press release 2022-79",
   "src1_url": "https://www.sec.gov/news/press-release/2022-79",
   "src2_name": "SEC: order 33-11060",
   "src2_url": "https://www.sec.gov/files/litigation/admin/2022/33-11060.pdf",
   "src3_name": "",
   "src3_url": "",
   "chapter": 4,
   "evidence": "timeline",
   "evidence_match": "SEC"
  },
  {
   "id": "N03",
   "t": 602,
   "ts": "10:02",
   "topic": "Nvidia record",
   "claim": "Nvidia has been tied up in shareholder lawsuits for years.",
   "verdict": "Confirmed",
   "finding": "The crypto-disclosure class action reached the Supreme Court, which dismissed Nvidia's appeal in December 2024, and a class was certified in March 2026. A new securities suit over the Megaspeed ties was filed on 9 Nov 2026.",
   "src1_name": "Nvidia 10-Q, quarter to 26 Jul 2026",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm",
   "src2_name": "D&O Diary: securities suit over spy affair",
   "src2_url": "https://www.dandodiary.com/2026/11/articles/securities-litigation/nvidia-ceos-chinese-spy-affair-leads-to-securities-suit/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 4,
   "evidence": "",
   "evidence_match": ""
  },
  {
   "id": "N04",
   "t": 612,
   "ts": "10:12",
   "topic": "Nvidia record",
   "claim": "To quote Michael Burry: \"the Don is gone\".",
   "verdict": "Confirmed",
   "finding": "Burry's Substack post \"The Don Goes Down\", published early on 12 Nov, called Huang Nvidia's \"Enforcer\" and flagged key-man risk. Zitron paraphrases him rather than quoting exactly.",
   "src1_name": "Michael Burry: The Don Goes Down",
   "src1_url": "https://michaeljburry.substack.com/p/the-don-goes-down-what-jensens-fall",
   "src2_name": "24/7 Wall St: Burry on the enforcer",
   "src2_url": "https://247wallst.com/investing/2026/11/12/the-don-has-fallen-michael-burry-says-nvidia-is-losing-its-enforcer-warns-the-key-man-risk-at-nvidia-always-was-a-worry-and-cites-reports-jensen-huang-had-as-many-as-60-direct-reports-an/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "stock",
   "evidence_match": ""
  },
  {
   "id": "N05",
   "t": 713,
   "ts": "11:53",
   "topic": "Nvidia record",
   "claim": "Engineers like Ian Buck and Jonah Alben build the GPUs, not Huang.",
   "verdict": "Confirmed",
   "finding": "Ian Buck (VP of Hyperscale and HPC, creator of CUDA) and Jonah Alben (SVP of GPU Engineering since 2008) lead much of Nvidia's technical work. Prediction-market traders now rate Buck a leading candidate for CEO.",
   "src1_name": "CNBC: Kalshi traders on Ian Buck",
   "src1_url": "https://www.cnbc.com/2026/11/12/kalshi-traders-speculate-nvidias-ian-buck-will-replace-huang-as-ceo.html",
   "src2_name": "Tom's Hardware: Ian Buck Q&A",
   "src2_url": "https://www.tomshardware.com/tech-industry/gc-2026-press-q-and-a-transcript",
   "src3_name": "",
   "src3_url": "",
   "chapter": 5,
   "evidence": "",
   "evidence_match": ""
  },
  {
   "id": "N06",
   "t": 1163,
   "ts": "19:23",
   "topic": "Nvidia record",
   "claim": "Dario Amodei said the other day, \"We're going to cure cancer.\"",
   "verdict": "Mostly accurate",
   "finding": "In Anthropic's IPO roadshow video (10 Nov 2026), Amodei said cancer and other diseases could be things of the past within about a decade. That is a hedged forecast about AI in general, and doctors pushed back.",
   "src1_name": "The Next Web: doctors push back",
   "src1_url": "https://thenextweb.com/news/amodei-ai-cure-cancer-decade-lauterbach-doctors",
   "src2_name": "",
   "src2_url": "",
   "src3_name": "",
   "src3_url": "",
   "chapter": 7,
   "evidence": "timeline",
   "evidence_match": "Anthropic IPO|Anthropic's IPO"
  },
  {
   "id": "N07",
   "t": 1195,
   "ts": "19:55",
   "topic": "Nvidia record",
   "claim": "AMD and Broadcom didn't grow as fast as Nvidia.",
   "verdict": "Needs context",
   "finding": "On total revenue that's true: Nvidia grew 106% (Q2 FY27), against 45% for AMD and 86% for Broadcom. But Broadcom's AI chip revenue grew 221%, faster than Nvidia's Data Center at 117%, though from a smaller base.",
   "src1_name": "AMD: Q3 2026 results",
   "src1_url": "https://www.sec.gov/Archives/edgar/data/0000002488/000000248826000188/q32026991.htm",
   "src2_name": "Broadcom: Q3 FY2026 results",
   "src2_url": "https://www.sec.gov/Archives/edgar/data/0001730168/000173016826000076/avgo-08022026x8kxex99.htm",
   "src3_name": "Nvidia: Q2 FY27 results",
   "src3_url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000073/q2fy27pr.htm",
   "chapter": 7,
   "evidence": "revenue",
   "evidence_match": ""
  },
  {
   "id": "N08",
   "t": 1173,
   "ts": "19:33",
   "topic": "Nvidia record",
   "claim": "We built the entire stock market on Nvidia.",
   "verdict": "Needs context",
   "finding": "Nvidia is 6.39% of the S&P 500 as of 11 Nov 2026, second to Apple, and was the biggest weight in late 2025. That's large, but far from the whole market.",
   "src1_name": "State Street: SPY holdings",
   "src1_url": "https://www.ssga.com/us/en/intermediary/library-content/products/fund-data/etfs/us/holdings-daily-us-en-spy.xlsx",
   "src2_name": "CompaniesMarketCap",
   "src2_url": "https://companiesmarketcap.com/",
   "src3_name": "",
   "src3_url": "",
   "chapter": 7,
   "evidence": "stock",
   "evidence_match": "S&P|Market value"
  },
  {
   "id": "N09",
   "t": 1266,
   "ts": "21:06",
   "topic": "Nvidia record",
   "claim": "Nvidia has failed to deliver a new gaming GPU.",
   "verdict": "Mostly accurate",
   "finding": "No new GeForce family or RTX 50 Super refresh has launched in 2026. Reports say the refresh was held back by the memory shortage. Nvidia hasn't announced a cancellation.",
   "src1_name": "Tom's Hardware: no new RTX GPUs in 2026",
   "src1_url": "https://www.tomshardware.com/pc-components/gpus/report-claims-nvidia-will-not-be-releasing-any-new-rtx-gaming-gpus-in-2026-rtx-60-series-likely-debuting-in-2028",
   "src2_name": "Nvidia: Q4 FY26 CFO commentary",
   "src2_url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000019/q4fy26cfocommentary.htm",
   "src3_name": "",
   "src3_url": "",
   "chapter": 7,
   "evidence": "revenue",
   "evidence_match": ""
  }
 ],
 "meta": [
  {
   "label": "Checked",
   "value": "2026-11-12"
  },
  {
   "label": "Method",
   "value": "Claims taken from the YouTube auto-transcript; each checked against primary reporting, filings and regulator releases. Up to three sources per claim."
  }
 ]
}