Former Megaspeed Executive Accused of Spying: Alice Huang’s Singapore Business Ties

The New York Times reported on October 29 that U.S. officials had concluded Alice Huang, a former executive at Singapore cloud computing company Megaspeed, passed information to Beijing. Citing anonymous people briefed on the intelligence, the newspaper said investigators also examined her contacts with Nvidia chief executive Jensen Huang. Alice Huang also goes by Huang Le.

Jensen Huang told Bloomberg that day that their dealings were normal. Nvidia told ABC News that he meets thousands of customer executives each year. Chinese Foreign Ministry spokesperson Guo Jiakun dismissed the report as groundless and a smear against China at an October 30 briefing.

Megaspeed buys equipment powered by Nvidia graphics processors and rents computing capacity to customers that train and run AI models. Nvidia lists it as a cloud partner in its Singapore partner directory. The Times said U.S. investigators initially focused on suspicions that Megaspeed was diverting restricted chips to China, then began examining Alice Huang’s alleged intelligence activities.

A 2025 Times investigation traced her career to a Shanghai fund, where it said she had been an executive director. The fund had invested in Chinese games company 7Road, Megaspeed’s former parent.

A historical membership list published by the Asset Management Association of China names a Huang Le as executive director of Shanghai Hexi Investment Management. The entry contains no English name or Singapore employment history establishing a link to Alice Huang. A Simuwang profile of Shanghai Hexi’s Huang Le lists earlier jobs as a reporter at Hunan TV and CCTV, as well as positions at HSBC private banking and Citic Securities. The profile gives no dates for those jobs, and the employment history has not been independently verified.

The Singapore company now known as Megaspeed was incorporated on September 28, 2015. Records from Singapore’s Accounting and Corporate Regulatory Authority, reviewed by SharpPost, list its former name as 7Road International. The October 2026 record gives cloud services as its principal business activity.

In March 2023, the company changed its name to Megaspeed, Alice Huang became managing director and its shares were transferred to Huang Le Limited, The Straits Times reported in 2025, citing company records. The shares changed hands again that November, passing to Swiftdata. Huang had resigned as a director by November 10. At the time of the report, Swiftdata’s owner, Tan Yong Pong, was also Megaspeed’s sole director.

U.S. software company NetThunder described her as “Megaspeed Chairwoman Alice Wong” in a post about an industry gathering during Computex in Taipei in June 2024. The Times identified her as Alice Huang. NetThunder’s post named Jensen Huang, Gigabyte founder Dandy Yeh and NetThunder chief executive Parker Schmitt among the other attendees.

In May 2025, she attended a business dinner in Taipei with Jensen Huang and other AI suppliers, according to the Times. The newspaper reported in October 2025 that she had left Megaspeed several months earlier, without specifying a date.

Malaysian property developer Crescendo announced on August 29, 2025 that a subsidiary had agreed to sell 52.544 acres of industrial land in Kota Tinggi, Johor, to Megaspeed subsidiary MSFusion. The conditional sale agreement set a cash price of about 263 million ringgit for land intended for a data centre.

MSFusion was incorporated in March 2024. Crescendo’s announcement listed Tan Yong Pong, also a director of Megaspeed in Singapore, among the Malaysian subsidiary’s directors. It did not name Alice Huang as a participant in the land deal.

On September 9, 2026, Crescendo said MSFusion had paid the outstanding balance to the seller’s lawyers, together with late-payment interest through August 26. The announcement did not give an opening date for the data centre.

Jensen Huang said in his October 29 interview that Nvidia had checked Megaspeed’s equipment to ensure its processors had not been illegally shipped to China. In a December 23, 2025 statement on its website, Megaspeed said it had undergone checks by the U.S. Bureau of Industry and Security, Malaysian authorities and Nvidia. The company said those checks had found no evidence of illegal diversion.

Following the espionage report, Megaspeed told the Times that its current leadership had hired outside lawyers to conduct an internal investigation and pledged full cooperation with the U.S. government, according to Taiwan’s United Daily News, which relayed the statement.

Singapore police are still investigating Megaspeed, Taiwan’s Central News Agency reported on October 30, citing The Wall Street Journal. A police representative confirmed that the inquiry was continuing but gave no details. Police said Singapore does not enforce other countries’ unilateral export controls, but would act against companies or individuals that violate local laws or engage in fraudulent or dishonest conduct.