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Swiftdata, owner of Nvidia-linked Megaspeed, lists address occupied by interior design firm

Megaspeed returned to the spotlight after Nvidia CEO Jensen Huang admitted to an affair.

Swiftdata, the parent company of Megaspeed, a firm under investigation for potential Nvidia chip diversion to China, is registered at an address occupied by an interior design firm. Swiftdata, founded in 2023, owns all 10 million shares of Megaspeed, a cloud provider that has become the largest Southeast Asian buyer of Nvidia chips.

Megaspeed's ownership was transferred to Swiftdata in November 2023, after a name change from 7Road International. The interior design firm said they have been operating at the Midview City address for over four years, and do not recognize Swiftdata or Megaspeed as tenants. Midview City's complex manager was unable to provide information about Swiftdata's tenancy due to privacy laws.

Megaspeed's assets and revenue have surged dramatically since its founding in 2023, reaching nearly $3 billion in 2024. The company has not disclosed its 2025 financial statements.

Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at straitstimes.com →

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