This row comes after Nvidia CEO Jensen Huang admitted to having an extramarital affair after reports linked him with Alice Huang, a Chinese businesswoman and executive at Megaspeed.Megapseed gained global attention after reports that Alice Huang was involved in an extramarital affair with Nvidia CEO Jensen Huang. (via REUTERS)Alice Huang, whose Chinese name is Huang Le, is suspected to have been an intelligence asset for China, prompting the US to launch a probe into the matter.While Jensen Huang has not named Huang Le or Megapseed in his statement to Nvidia employees, the admission has triggered a wider investigation regarding national security concerns.What is Megaspeed?Deep DiveMegaspeed is a cloud-computing company based in Singapore and one of Nvidia's "core business partners."Incorporated in 2015 as 7Road International, the company was renamed to Megapseed in 2023. It is wholly owned by Singapore's Swiftdata and directed by Tan Yong Pong, a Singapore national.Tan was appointed a director of Swiftdata on October 31, ​2023, before becoming a director of Megaspeed less than two weeks later.

The same month, Alice Huang reportedly ended her eight-month tenure as managing director at Megaspeed.In November 2023, Megapseed joined Nvidia's partner programme and operates as Nvidia's cloud partner in the Asia-Pacific region.The firm buys cutting-edge GPUs (such as Nvidia's GB200 NVL72 and HGX H100 systems) and rents out computing power to clients across Southeast Asia, including locations in Singapore, Indonesia, and Malaysia.pop nvidiaIn 2024, Megaspeed's assets increased from $33 million to $3 billion, according to its business filings.The firm also reported an after-tax loss of $20 million in 2024, versus a loss of $21,283 a year earlier, while revenue jumped to $294 million from zero. Its cashflow statement showed $844,555 went to investing activities in 2024, after financing brought in cash of $10 million the previous year.What is the row?Megapseed gained global attention after reports that Alice Huang was involved in an extramarital affair with Nvidia CEO Jensen Huang.US authorities, which have been investigating Megaspeed since 2024, state they have reasons to believe the company acted as a front to transship restricted Nvidia AI chips in China.Singaporean authorities, including the Home Affairs Ministry, have also launched a probe into the matter, while Megaspeed has denied any wrongdoing.

She previously worked as a television reporter with Hunan TV and China Central Television (CCTV), China's state broadcaster.After this, Alice later worked at The Hongkong and Shanghai Banking Corporation (HSBC), where she was listed as an assistant to the president of its private banking division.She reportedly went on to become a vice-president at CITIC Securities, one of China's major financial services companies.Alice also worked at Shanghai Hexi Investment Management, also known as Hexi Capital, where she reportedly served as an executive director and fund manager.(With inputs from agencies)Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs.

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