Nvidia CEO's Singapore meeting with Chinese executive sparks espionage probe

A December 2023 meeting in Singapore between Nvidia CEO Jensen Huang and Chinese executive Alice Huang has become central to an espionage scandal, highlighting the human vulnerabilities of AI industry leaders amid US-China tech competition. Alice Huang, who restructured a company called Megaspeed through a Singaporean shell to bypass US chip export bans, was named an Nvidia cloud partner days after the meeting. US officials concluded she was a Chinese intelligence asset, and Jensen Huang acknowledged an affair, prompting an internal Nvidia investigation. Megaspeed purchased over $4 billion in Nvidia AI chips between 2024 and 2026, with Alibaba as a major customer. Alice Huang, linked to Shanghai finance circles and a business partner named Kang Wei, was monitored by Taiwanese authorities and restricted from leaving Singapore during a 2025 investigation.