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What we know about Megaspeed, Singapore-based customer of Nvidia

By · Published by Everything Blog

In short

The cloud firm has drawn intense international scrutiny following American inquiries into whether it helped divert restricted artificial intelligence semiconductors to Beijing. Suspicions expanded amid a U.S. probe into Nvidia chief Jensen Huang's personal ties with former managing director Alice Huang, an alleged Chinese intelligence operative. Corporate filings demonstrate that the entity witnessed massive financial changes as assets exploded from US$33 million to US$3 billion in 2024. Local police have initiated an official investigation into the company following an inquiry request from an American lawmaker.

Key points

  • Megaspeed faces suspicions of helping Beijing acquire advanced Nvidia systems such as the…: Megaspeed faces suspicions of helping Beijing acquire advanced Nvidia systems such as the GB200 NVL72 and HGX H100.
  • Singapore's Ministry of Home Affairs denied reports that the government probed Alice Huan…: Singapore's Ministry of Home Affairs denied reports that the government probed Alice Huang over alleged links to Chinese intelligence.
  • The company is entirely owned by Swiftdata, with Singapore citizens Tan Yong Pong and Ng…: The company is entirely owned by Swiftdata, with Singapore citizens Tan Yong Pong and Ng Wei Shi Khloe listed as the sole officers.

Sources checked by our analysis pipeline: 1

SINGAPORE: Singapore-based cloud computing firm Megaspeed faces renewed scrutiny as the United States looks into Nvidia CEO Jensen Huang's affair with Chinese businesswoman Alice Huang, alleged to be a spy for Beijing.

Here are details of Megaspeed, where Huang used to be an executive.

WHAT IS MEGASPEED?

Megaspeed, an Nvidia customer, was incorporated in 2015 as 7Road International before changing its name to Megaspeed International in March 2023, its business filings showed.

It is wholly owned by Singapore-registered Swiftdata incorporated in October 2023, which says providing hosting services by non-data centres is its principal activity.

Two Singapore citizens are listed as officers of both companies. Tan Yong Pong was appointed a director of Swiftdata on Oct 31, 2023, before becoming a director of Megaspeed less than two weeks later.

The same month, Huang Le ended an eight-month tenure as managing director of Megaspeed, media said. Huang Le is Alice Huang's Chinese name.

Swiftdata also shares an address with Ng Wei Shi Khloe, who is listed as company secretary of both companies. Tan and Ng are the only listed officers of…

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