Megaspeed Pledges Cooperation with U.S. Investigations
Company linked to espionage and Nvidia chip scandal seeks compliance after illegal export allegations to China.
Singapore-based Megaspeed announced it will fully cooperate with United States authorities. The company is at the center of an investigation regarding the shipment of Nvidia chips to China in violation of U.S. export control regulations.
The case gained traction following allegations involving former Nvidia CEO Jensen Huang. Reports point to a Megaspeed executive, identified as Alice Huang, who allegedly maintained a relationship with the executive while acting as a Chinese intelligence agent.
Megaspeed stated that it takes its legal obligations seriously and has hired a U.S. law firm to audit its practices. The company aims to verify the compliance of its operations with rules governing the export of graphics processing units.
Corporate documents show significant growth in Megaspeed assets, which jumped from 33 million dollars in 2023 to approximately 3 billion dollars in 2024. The company operated as an Nvidia cloud partner in the Asia-Pacific region.
The Singaporean government confirmed that it is conducting its own criminal investigation into the company's transport of servers. Meanwhile, the Chinese Ministry of Foreign Affairs described the espionage accusations as defamation and technological containment.
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