Megaspeed says Alice Huang left last year as it launches internal investigation

Megaspeed, the AI infrastructure company associated with the scandal involving Nvidia's CEO, Jensen Huang, announced that business leader Alice Huang parted ways with the firm over a year ago. "Ms Alice Huang officially left Megaspeed effective August 30, 2025, and currently has no role with the company," the business stated in a recent declaration.

The company disclosed it is undertaking a comprehensive internal probe into its operations, including a thorough examination of its adherence to US export controls. Megaspeed emphasized that media reports against it are unsupported by factual evidence. The company is under suspicion of facilitating Chinese entities in circumventing US restrictions by procuring Nvidia's cutting-edge chips for data centers in Southeast Asia, subsequently directing these components to China.

Singapore's authorities have asserted that servers harboring advanced AI chips were dispatched to Malaysia and possibly transferred to other locations, in defiance of the initial declarations made in Singapore. The Singapore police have confirmed that their investigation remains ongoing. Alice Huang, a prominent businesswoman alleged by US investigators to be spying for China, was the focal point of the controversy that compelled her husband, Jensen Huang, to resign.

Huang admitted to being "unfaithful" to his wife following revelations of their relationship, and Nvidia's board initiated an inquiry to determine if he was the victim of a foreign intelligence operation. China has categorically denied the spying allegations.

Nvidia's CFO, Colette Kress, has assumed the role of interim CEO while the board seeks a permanent replacement. This fallout has heightened scrutiny in Washington regarding the pathways through which advanced chips reach China, with lawmakers from both major parties advocating for more stringent export controls. Nvidia is set to release its quarterly results on Tuesday, marking its first financial report since Jensen Huang's departure.