Megaspeed is opening a legal investigation under mounting pressure. The Singapore-based cloud computing company said it retained external legal counsel to examine media reports about its AI cloud business, supply chain and global operations—claims it says lack verifiable evidence.
Megaspeed described its operations as a “legitimate and lawful business” and said it would review the reporting before communicating further with stakeholders as appropriate. The company did not address specific allegations, but said its operational and supply-chain controls are designed to comply with applicable laws, including US export-control requirements and local rules in the markets where it operates.
The new review follows a separate company statement dated November 12, 2026. In that announcement, Megaspeed said it had retained a US law firm to lead a comprehensive census of its GPUs and “independently verify its export control compliance practices.” The company also said it had cooperated with inspections by the US Department of Commerce’s Bureau of Industry and Security and was ready to cooperate with other relevant US authorities.
That earlier effort focuses on GPU inventory and export-control compliance. The newly announced investigation covers the wider business, supply chain and global operations—because apparently one legal inquiry was not enough paperwork.
Singapore investigation keeps the pressure on
Singapore’s Ministry of Home Affairs said in a November 12, 2026 release that the Singapore Police Force and Singapore Customs opened an independent investigation in February 2025 into several companies and their key officers, including Megaspeed and its controllers. The suspected domestic offences involve potential false declarations related to server purchases and other related offences.
The physical servers were purchased by companies under investigation and exported through Singapore to Malaysia without entering the Singapore market. Police are investigating whether the servers routed through Malaysia matched their declared destinations, while Singapore authorities have said the investigations are “ongoing.”
Singapore does not enforce other countries’ unilateral export controls, but it expects companies operating there to account for those rules in their international business activities. The Ministry of Home Affairs said it does not condone companies using their association with Singapore to circumvent those controls through fraud or dishonest practices.
Megaspeed is under scrutiny over alleged transfers of advanced Nvidia chips to Chinese companies. Authorities have also said they barred Alice Huang from re-entering Singapore in February after she provided inaccurate information during a probe into Megaspeed; she was not investigated for espionage.
Alice Huang’s role becomes a central question
Megaspeed said Alice Huang left the company effective August 30, 2025, and currently has no role there. “Megaspeed does not comment on Ms. Huang’s personal and private matters,” the company said.
Huang is also known by her Chinese name, Huang Le. Megaspeed began as the overseas arm of a Chinese video game developer and was incorporated in Singapore in 2015 as 7Road International. It adopted its current name in March 2023, when all its shares were transferred to Huang Le Limited, a British Virgin Islands company.
By November 2023, Huang was no longer listed as a Megaspeed director, and all her shares had been transferred to an entity owned by Singaporean businessman Tan Yong Pong, also known as James Tan. Still, short seller Culper Research cited a Megaspeed employee in a report released this May who said Huang was “actually still our boss” and remained involved in daily operations.
The allegations have widened beyond corporate governance. Megaspeed is suspected of helping Chinese firms bypass US export controls by buying Nvidia chips for data centers in Southeast Asia and routing them to China. Beijing has denied the spying allegations, while US Attorney General Todd Blanche said the Justice Department had not concluded whether Huang was a Chinese spy. President Donald Trump, asked whether she was a spy, said, “I don’t know if that’s been determined yet.”
The case has also pulled Nvidia chief executive Jensen Huang into the surrounding scrutiny. Alice Huang and Jensen Huang are not related; Jensen Huang acknowledged an extramarital affair in a Nov. 8 letter to Nvidia employees that did not name the woman involved, then resigned days later. Nvidia’s board said it would investigate the matter, and three U.S. Congress committee chairs asked Jensen Huang to attend a closed-door briefing on Nov. 18.
Megaspeed describes itself as a core regional business partner for Nvidia’s computing-power cloud business. Customers rent capacity from Nvidia graphics processing units, while Megaspeed offers GPU compute, GPU-accelerated virtual servers, managed Kubernetes, storage and networking for machine learning, AI and inference workloads through offices in Singapore and Indonesia.
Singapore corporate records show the company’s total assets rose roughly 90-fold from the end of 2023 to 2024, reaching almost $3 billion. James Tan Yong Pong, Megaspeed’s chairman and CEO, said the company takes its obligations under US export-control laws “extremely seriously.” The investigations will now test whether those assurances survive scrutiny.
Based on
- Megaspeed Retains Counsel to Probe Reports on Its AI Cloud Business — unite.ai
- Megaspeed says Alice Huang left in 2025 as company conducts internal probe over Nvidia fallout | The Independent — independent.co.uk
- Megaspeed lawyers up with US firm as Nvidia scandal broadens – POLITICO — politico.com
- Megaspeed rejects claims over supply chain, distances itself from Alice Huang | South China Morning Post — scmp.com
- Megaspeed says Alice Huang left firm in August 2025 – The Japan Times — japantimes.co.jp
