Megaspeed’s previous director Alice Huang was today outed as a supposed Chinese spy, implicated of having an affair with Nvidia co-founder Jensen Huang while digging up business tricks for Beijing.
Information about Alice Huang’s life are unclear, making it practically difficult to determine where she lives, where she works, or when she was born.
Her impact unquestionably spreads out far and wide, from the nondescript Singapore workplace to hulking information centres in Southeast Asia, to the gleaming conference rooms of Silicon Valley.
Her connection to cloud computing company Megaspeed sits at the centre of the scandal.
Megaspeed promotes itself as a business at the heart of the AI transformation, utilizing Nvidia’s sophisticated silicon chips to power high-performance computing inside huge information centres.
It is likewise under examination for serving a murkier function.
Under the guise of purchasing hardware for its Southeast Asia information centers, Megaspeed has actually apparently assisted Beijing skirt trade limitations by sending out Nvidia chips into China.
Beijing has actually rejected accusations of spying, and Megaspeed stated it was examining if it had actually adhered to export controls on the delicate chips.
At Megaspeed’s workplace in the heart of the Singapore downtown, no personnel might be seen behind its locked glass doors. Neighbours informed AFP they had actually not seen anybody come or choose the previous couple of months.
In a shopping mall at a recently established area in Johor, the Malaysian area a bridge away from Singapore, no workers were around in subsidiary Speedmatrix’s workplace.
Singapore authorities opened an examination in February 2025 into Megaspeed and numerous other business thought of preventing or breaking export controls.
Alice Huang was spoken with as part of Singapore’s probe.
No charges were laid, she was disallowed from the city-state in February 2026 for supplying incorrect details to “downplay her role in Megaspeed”Singapore’s home ministry stated.
Explosive development
Business records reveal Huang’s direct participation in the birth of Megaspeed.
A business connected to her gotten the Singapore arm of Chinese computer game designer 7Road International in early 2023, the records revealed.
Practically instantly, the 7Road name was dropped and altered to Megaspeed International.
Huang was noted as a Megaspeed director for less than a year, taking the function in between March and November 2023.
Her arrival accompanied an extreme modification in fortunes, as Megaspeed rotated from an obscure computer game maker to among Asia’s greatest purchasers of Nvidia chips.
Within 12 months, Megaspeed’s earnings leapt from $0 to practically US$ 300 million (R5 billion), according to business accounts submitted in 2024.
Megaspeed– which explained itself as a “cloud hosting services provider” — saw the worth of its properties increase from $32 million to nearly $3 billion over the very same duration.
Simply among Nvidia’s sophisticated AI computer system chips can cost 10s of countless dollars.
Over 2 years, Megaspeed supposedly sold upwards of $4 billion worth of Nvidia chips.
A monetary path weaving through Singapore, Malaysia and the Cayman Islands recommends Megaspeed’s organization might have been enhanced by a connection to Chinese tech giant Alibaba.
Megaspeed has a Malaysian subsidiary that struck a handle 2024, vowing properties to Apex Enterprise Solutions in Singapore as security in case of legal breaches.
Peak is connected through a moms and dad business to Alibaba Group Holding Ltd, a company signed up in the Cayman Islands, Singapore business information programs.
By that time, Huang was no longer signed up as a director at Megaspeed.
Singapore authorities stated she stayed one of Megaspeed’s “key controllers”
Megaspeed’s supreme holding business is a Singapore company called Swiftdata.
Singapore business person Tan Yong Pong– who has actually formerly run printing and graphic style business– is a director of both Megaspeed and Swiftdata.
Nobody addressed when AFP checked out Tan’s signed up address in eastern Singapore, although pets might be heard barking behind the door.
“They are friendly. I occasionally bump into the lady at the lift landing when she’s walking her dog,” a senior neighbour informed AFP. “But we have not seen them for months.”
Uncomfortable concerns
In June 2025, United States detectives showed up at Megaspeed to perform a “post-shipment verification”with Huang present, according to Singapore’s home ministry, including that it was the very first time it discovered Washington’s probe.
That very same day, Huang was spoken with by Singapore cops who seized her passport.
Already, she and Nvidia employer Jensen Huang had actually currently been found together in public.
In among their early getaways together, they were seen socializing at an afterparty following the Computex trade convention in Taiwan at the start of 2024.
Trump was informed on the intelligence findings about their relationship well before it blew up into a public scandal, however has actually stated he did not be sorry for not acting upon it.
“No, I don’t think so. I think — you know, he’s an honorable guy,” Trump stated.
The scandal has actually triggered nationwide security worries.
China and the United States are defending supremacy in expert system, and Nvidia’s market-leading items have actually ended up being a significant point of contention.
Nvidia manages an approximated 90% of the marketplace for the chips utilized to train and run AI designs, and the United States enforced guidelines in 2022 to limit their sales to China.
In the previous years, Jensen Huang has actually become the leading tech employer prompting Trump to raise those curbs.
In any case, the limitations appear to have actually been commonly prevented.
A Chinese university connected to the country’s defence facility had the ability to purchase innovative Nvidia chips, according to procurement notifications from October and September.
Singapore’s probe into Megaspeed is continuous. Independently, Malaysia stated Friday it is examining the business’s subsidiary Speedmatrix to figure out if chips imported into the nation had actually been exported to other jurisdictions.
Megaspeed itself stated it has actually kept a United States lawfirm to analyze its compliance.
“Megaspeed takes its compliance obligations under US export control laws extremely seriously,” it stated.
Twisted webs
Alice Huang beings in the middle of a business web, linked to myriad shell business, financial investment homes and significant Chinese innovation companies.
Business records submitted in Hong Kong list her as a director of Nanjing Lingxing Technology, which runs the popular T3 trip hailing platform in China.
Other significant financiers in Nanjing Lingxing Technology consist of Alibaba and Tencent, along with state-backed carmakers like China FAW and Dongfeng Motor Group.
A business CV released by a Chinese financial investment company information Huang’s quick climb through the ranks of Asian financial investment banking.
She served in a senior function at HSBC at some point around 2012, the resume claims, before proceeding to stints at CITIC Securities and Shanghai Hexi Investment.
Singapore service filings explained her as a Chinese person with a Hong Kong passport.
She was born in China’s landlocked Hunan province, which she delegated study media in Hong Kong, HK01 media reported.
A CCTV press reporter composed on Weibo that she dealt with Huang at the Chinese broadcaster, however later on erased the post.
AFP
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