Companies linked to Alice Huang have invested in DeepSeek, the Chinese AI lab known for its competitive open-source models. They have also promised the lab access to Nvidia chips.
The timing is awkward. Huang’s main vehicle, Singapore-based Megaspeed International, is already under US investigation over large-scale imports of Nvidia chips estimated to be worth billions of dollars.
Who is Alice Huang, and what is Megaspeed?
Huang is a Chinese businesswoman who began her career in Shanghai’s finance and investment management sectors before moving into cloud infrastructure.
In March 2023, she became the controlling shareholder of Singapore-based cloud computing firm Megaspeed International. She also served briefly as its managing director.
Megaspeed moved quickly after the change in control, becoming an official Nvidia cloud partner shortly after Huang took over.
In early 2025, Huang and her associates pitched data center projects across Southeast Asia. Their selling point was guaranteed access to Nvidia GPUs, the graphics processors used to power most large-scale AI training and inference.
The chip trail and the DeepSeek link
Huang’s network has reportedly facilitated Nvidia AI chip transactions worth billions of dollars. Those deals reportedly involved models such as the H100 and H200, two of Nvidia’s flagship AI accelerators.
The investments in DeepSeek came around November 12, 2026. Firms associated with Huang invested in the lab and promised it Nvidia chips.
The deal is complicated by the surrounding circumstances. US authorities are examining Megaspeed’s operations, focusing on the very chip imports that could make such a promise possible.
Nvidia’s board has also been reviewing related matters. One of the chipmaker’s official cloud partners is now at the center of a story involving chip flows and Chinese AI development.
Questions about possible intelligence ties to Huang’s operations have also surfaced alongside news of the investment. Those questions remain unresolved, and nothing in the available material establishes them as fact.
Huang’s current status is unclear. Media attention on her business dealings has intensified as more of this network comes into view.
Why this is at the heart of US-China tech tensions
A Singapore-registered company with an official Nvidia partnership, controlled by a Chinese businesswoman and moving billions of dollars in high-end GPUs, is precisely the kind of arrangement regulators tend to scrutinize closely. Add a stake in a leading Chinese AI lab, and it becomes harder to explain the situation as routine cloud business.
That does not mean wrongdoing has been proven. The investigations are ongoing, and the intelligence-related questions remain just questions.
What this means for Nvidia, regulators and the AI market
For Nvidia, the stakes are reputational and potentially regulatory. Its partner program is meant to signal trust, and a partner under investigation over chip imports worth billions of dollars puts that signal to the test.
The board’s review suggests the company is taking the matter seriously. The review’s outcome, and whether Megaspeed retains its partner status, will be worth watching.
Key developments to track include the outcome of the US investigations into Megaspeed, the results of Nvidia’s board review, and any clarification of Huang’s whereabouts and role.
