Panic in the corporate corridor! Megaspeed swung into action following Alice Huang’s departure and media reports, an investigation began

Singapore-based cloud computing company Megaspeed has said that Alice Huang left the company in August 2025. The company has also launched an internal investigation into news related to its business, supply chain and global operations. In a statement issued on Sunday, Megaspeed said there is no substantiated evidence to support the claims made in recent media reports regarding its business, supply chain and global operations.

Left the company in 2025

The company said it was doing business legally and had appointed external legal counsel to conduct a comprehensive investigation into the matter. It said its control systems related to global operations and supply chain are designed to ensure compliance with all applicable laws and regulations.

This includes US export control regulations and the local laws of all countries where the company does business. Alice Huang left Megaspeed on August 30, 2025 and currently has no role in the company, the company said in a statement. The company declined to comment on Huang’s personal matters.

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The development comes amid reports of an investigation into whether advanced AI servers equipped with banned Nvidia chips were shipped to China via South-East Asia in violation of export declarations. It is alleged that Megaspeed helped provide Nvidia’s advanced chips to Chinese companies despite US export restrictions. The company has denied these allegations.

Allegations of espionage dismissed

The matter took a turn for the worse after reports surfaced that American intelligence officials had allegedly suspected Alice Huang of having ties to China’s intelligence agency. However, Singapore clarified that Huang was not being investigated for espionage. China has also rejected the spying allegations. The matter took a new turn when reports linked Alice Huang to Nvidia Chief Executive Officer (CEO) Jensen Huang. Amid this controversy, news of Jensen Huang’s extramarital affair with another officer also surfaced. Also his future was discussed in the board of directors. Following these developments, Jensen Huang resigned as CEO on November 12.

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