Nvidia and Jensen Huang are under the shadow of espionage! What is the ‘megaspeed’ controversy in which the world’s leading tech company is embroiled?

Singapore-based Megaspeed International has suddenly become one of the most talked about companies in the artificial intelligence (AI) space. The company buys advanced ‘Nvidia’ processors and leases computing capacity to customers. Now the company has come under scrutiny, as several allegations have surfaced involving its former executive Alice Huang and Nvidia CEO Jensen Huang. According to reports, American intelligence officials suspected that Alice Huang was collecting information for China.

Starting with a gaming business in China, MegaSpeed ​​has grown rapidly and is now one of the largest buyers of Nvidia processors in Southeast Asia. According to Bloomberg, between 2023 and November 2025, the company imported about $4.6 billion (roughly Rs. 40,480 crore) worth of Nvidia hardware. Since then, questions have been raised about the company’s ownership rights, funding and where its advanced processors are kept.

After all, what does Megaspeed do?

Megaspeed is an AI cloud computing company. It operates or uses data centers containing high-performance computer chips and leases its computing capacity to other companies.

Simply put, companies building AI models require thousands of expensive processors. MegaSpeed ​​provides infrastructure that eliminates the need for customers to purchase or maintain their own servers.

Its services include AI model training, cloud computing, virtual servers, data storage, networking, video rendering and machine learning infrastructure. Customers can pay rent for it or buy customized computing services as per their needs.

Who owns Megaspeed and who are its partners?

MegaSpeed ​​was started by ‘7Road International’, which is associated with Chinese gaming company ‘7Road’.

According to Bloomberg, in November 2023, Huang Le Limited sold Megaspeed to a Singaporean company owned by Tan Yong Pong. Four days later, MegaSpeed ​​officially became an ‘Nvidia Cloud Partner’.

Three technology partners are named on its website:

• Nvidia
• Intel
• Gigabyte

Some reports have mentioned ‘Alibaba’ as its client. However, allegations of any secret funding or financial involvement with Alibaba have not yet been proven.

Where does Megaspeed operate and how many employees does it have?

Megaspeed is headquartered in Singapore. It also has operations or related facilities in Malaysia and Indonesia. Its website mentions an office in Jakarta and operates under the name ‘Speedmetrics’ in Malaysia.

The company promotes its services in the Asia-Pacific region. The exact number of employees working in it is not clear. On LinkedIn, the company is mentioned as having 2-10 employees, but has not disclosed the total number of employees working in its subsidiaries and data centers.

How much does Megaspeed earn?

Megaspeed is a private company and does not disclose its detailed financial results like a listed company. According to a Bloomberg report, the company had about $5.7 million (about Rs 50 crore) in cash at the end of 2023. After this, the chip imports by the company reached billions of dollars. However, expenditure incurred on imports cannot be treated as earnings or profit of the company. Reliable figures of the company’s total earnings are not publicly available.

What role does Megaspeed play in the controversy surrounding Jensen Huang?

Former Megaspeed executive Alice Huang is said to have a close relationship with Nvidia CEO Jensen Huang. According to American media reports, American intelligence officials suspect that Alice Huang was hired by Chinese intelligence agencies. Apart from this, Megaspeed has also raised questions about whether Nvidia’s banned chips have reached Chinese customers.

The company has denied any illegal transfer of chips. Nvidia says its investigation revealed no misuse or diversion of the chips. At the same time, Singapore police have confirmed that an investigation is underway against Megaspeed. On November 8, Nvidia announced an independent investigation into alleged foreign intelligence operations. So far, no evidence has emerged publicly that links Megaspeed to espionage or proves that the company’s chips were illegally shipped to China.