Singapore cloud firm Megaspeed faces US and Singapore probes over Nvidia chip sales
Singapore-based cloud firm Megaspeed is central to a controversy after Nvidia CEO Jensen Huang admitted to an affair linked to its executive Alice Huang, suspected of being a Chinese intelligence asset, prompting US and Singapore probes. Megaspeed, incorporated in 2015 as 7Road International and renamed in 2023, became an Nvidia core partner that year. It buys advanced GPUs and rents computing power across Southeast Asia, with assets surging from $33 million to $3 billion in 2024. US authorities have investigated Megaspeed since 2024, suspecting it acted as a front to transship restricted AI chips to China, which the firm denies. Alice Huang, a Chinese national, allegedly worked for China's Ministry of State Security targeting Jensen Huang.