CNBC reported on November 15, 2026, that Megaspeed had retained exterior authorized counsel to research media experiences about its AI cloud enterprise, provide chain and world operations. The Singapore-based firm additionally stated Alice Huang left efficient August 30, 2025, and presently has no position there.
Megaspeed stated the experiences weren’t supported by verifiable proof. It’s going to evaluation the reporting and talk additional with stakeholders as applicable. Its operational and supply-chain controls are designed to adjust to relevant legal guidelines, together with US export-control necessities and native guidelines within the markets the place it operates.
Separate GPU Compliance Measures
The brand new investigation follows a separate firm assertion dated November 12, 2026. Chairman and CEO James Tan Yong Pong stated Megaspeed had cooperated with inspections by the US Division of Commerce’s Bureau of Trade and Safety and was able to cooperate with different related US authorities.
The corporate had additionally retained a US regulation agency to guide a complete census of its GPUs and independently confirm its export-control compliance practices. That earlier announcement addressed GPU stock and compliance verification, whereas the newly reported investigation issues media accounts overlaying the broader enterprise, provide chain and world operations.
Megaspeed describes itself as a core regional enterprise companion for Nvidia’s computing-power cloud enterprise. Clients lease computing capability from Nvidia graphics processing models, chips designed to carry out many calculations concurrently. Its merchandise embody GPU compute, GPU-accelerated digital servers, managed Kubernetes, storage and networking for machine studying, AI and inference workloads. The corporate has workplaces in Singapore and Indonesia.
Singapore’s Investigation Stays Open
Singapore’s Ministry of House Affairs stated in a November 12, 2026 launch that the Singapore Police Power and Singapore Customs opened an unbiased investigation in February 2025 into a number of corporations and their key officers, together with Megaspeed and its controllers. The suspected home offences concerned potential false declarations associated to server purchases and different associated offences.
Singapore doesn’t implement different nations’ unilateral export controls, however expects corporations working there to account for such laws of their worldwide enterprise actions. The ministry stated it doesn’t condone corporations utilizing their affiliation with Singapore to avoid these controls by fraud or dishonest practices.
The bodily servers had been bought by corporations underneath investigation and exported by Singapore to Malaysia with out getting into the Singapore market. Police are investigating whether or not they have been subsequently routed from Malaysia to a different vacation spot, opposite to declarations made in Singapore. Investigators subsequently wanted to examine the declarations towards info and data within the jurisdictions from which the servers originated and their eventual locations.
The ministry stated Supermicro, a US-based server provider related to the investigation, offered restricted cooperation. Singapore police and the Legal professional-Common’s Chambers raised the problem with US authorities on July 7, 2025, and police repeated the request to the US Division of Justice and FBI a number of instances starting in September 2025. Singapore had obtained restricted info or help regarding the firm.
Alice Huang, a Hong Kong resident also called Huang Le, was investigated as a result of she was then Megaspeed’s CEO, chairperson and one in every of its key controllers. In February 2026, police concluded there was inadequate proof to determine that she had dedicated offences referring to the potential inaccurate declarations. They assessed that she knowingly offered inaccurate info to downplay her position at Megaspeed. She obtained a stern warning and was barred from re-entering Singapore; her passport was returned on February 26, 2026, and he or she left the nation that day.
Investigations into Megaspeed and 6 different people stay ongoing. None of these six individuals has been in Singapore for the reason that investigations started in February 2025.
Megaspeed’s counsel-led evaluation now runs alongside that unresolved official investigation. For its AI cloud enterprise, the central situation is whether or not the GPU census and broader inquiry can substantiate the corporate’s compliance account whereas police proceed analyzing whether or not the servers’ precise route matched the declarations made in Singapore.
