Victorian newsagency address links Nvidia scandal to Australian company

Nvidia CEO Jensen Huang's alleged affair with suspected Chinese spy Alice Huang has drawn attention to Chinese tech firm MegaSpeed, which now has an unexpected Australian connection through a Victorian newsagency address. MegaSpeed established its Australian operation in late 2024, with sole director Kai Kang, a 29-year-old Shanghai-born man, listing his address at a newsagency and lotto shop in Seymour, Victoria. The company's Sydney office in Martin Place is reportedly empty and used only for administrative purposes, with ASIC correspondence returned since January. The local outpost is owned by Singapore-based Megaspeed International, which rents high-performance data centres powered by Nvidia chips. Prime Minister Anthony Albanese said Australia is not "directly" involved in the saga, while ASIO declined to comment on whether it is investigating MegaSpeed's operations.