Deep learning models have achieved remarkable success across various domains, yet their learned representations and decision-making processes remain largely opaque and hard to interpret. This work introduces HOLE (Homological Observation of Latent Embeddings), a method for analyzing and interpreting discriminative neural networks through persistent homology. HOLE extracts topological features from intermediate activations and presents them using a suite of visualization techniques, including cluster flow diagrams, blob graphs, and heatmap dendrograms. These tools facilitate the examination of representation structure and quality across layers. We evaluate HOLE using a range of discriminative models, focusing on representation quality, interpretability across layers, and robustness to input perturbations and model compression. The results indicate that topological analysis reveals patterns associated with class separation, feature disentanglement, and model robustness, providing a complementary perspective for understanding and improving deep learning systems.

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