What is Megaspeed International, the firm under scanner over Nvidia CEO Jensen Huang affair

Megaspeed International, a cloud computing firm based in Singapore, has come under scrutiny following allegations of an extramarital affair involving Nvidia CEO Jensen Huang and one of the company's former executives, Alice Huang. Ms. Huang, also known as Huang Le, is accused of being a Chinese spy. Megaspeed is an Nvidia cloud partner in the Asia-Pacific region and a core business partner for Nvidia's computing power cloud business.

The company provides privatized, customized computing power product services covering NVIDIA's entire GPU product line.

Founded in 2015 as 7Road International, the company changed its name to Megaspeed International in March 2023. It is wholly owned by Swiftdata, a Singapore-registered entity incorporated in October 2023, which focuses on providing hosting services not through data centers. Megaspeed's assets surged to $3 billion in 2024 from $33 million in 2023, while the company reported an after-tax loss of $20 million in 2024, up from a loss of $21,283 in the previous year. Revenue increased to $294 million in 2024, compared to zero the year before.

With around 2-10 employees and 23 associated members, Megaspeed's offices are located in Iskandar Puteri, Malaysia; Senayan City, Indonesia; and its headquarters are based in Singapore's Central Region. The company has been on Washington's radar since the U.S. government restricted the export of Nvidia's most advanced silicon chips to China, citing national security concerns.

The U.S. government is probing Megaspeed over potential steering of Nvidia chips to China, and Bloomberg News reported on a Singaporean investigation into Megaspeed over alleged chip smuggling to China. Megaspeed refuted Bloomberg's claims, stating that they were misleading and inaccurate.