US — TechCrunch
Megaspeed exec was recruited to spy on Nvidia CEO, according to US intelligence memo
Chips1 min read
A US intelligence memo says a Megaspeed executive was recruited by China's spy service to spy on Nvidia's CEO. Nvidia says the contact was normal and that it does not share secret information.
What happened
A memo that circulated earlier this year claims that Alice Huang, a technology executive, was recruited by China's Ministry of State Security to spy on Jensen Huang, the CEO of the chip maker Nvidia. The New York Times was the first to report on the memo, which was based on US intelligence. The Financial Times later reported that the memo also claimed Jensen Huang had a romantic relationship with Alice Huang.
Key facts
- Alice Huang works at Megaspeed, a company based in Singapore.
- Nvidia says Jensen Huang's contact with Alice Huang was "not unusual."
- Nvidia says it does not share classified information with its customers.
- A separate NYT report looked at New Matrix, a Chinese company that the US Commerce Department allowed to buy advanced Nvidia chips.
- At New Matrix's listed office address, reporters found only "a hollow gray shell," which means an empty, unused building.
Why the chips matter
Advanced Nvidia chips are powerful computer parts used to train artificial intelligence (AI). The US limits which Chinese buyers can get them. New Matrix was allowed to buy them, but the empty office raises the question of whether it is a front, or cover, for a blacklisted private equity firm. A private equity firm is an investment company that buys and runs other businesses.
Why it matters
The story links spying, trade rules and advanced AI chips. If the claims are true, they could show how China tries to get close to top tech leaders and reach restricted technology. Nvidia's answer is that its work in America is its best and that it protects secret information.
What to watch
- Whether US officials confirm or challenge the memo's claims.
- Whether Megaspeed or Alice Huang respond to the reports.
- Whether the US Commerce Department reviews New Matrix's chip permission.
- Whether more details come out about the office and its owners.
Glossary
- Nvidia
- A US company that makes computer chips used to run artificial intelligence.
- Megaspeed
- A Singapore-based company where Alice Huang is an executive.
- Ministry of State Security
- China's main government agency for intelligence and spying.
- New Matrix
- A Chinese company that was allowed to buy advanced Nvidia chips.
- Commerce Department
- The US government department that sets rules on trade, including sales of advanced chips to other countries.
- private equity firm
- An investment company that buys, owns and runs other businesses.