From TechCrunch · Sarah Perez · · 1m 30s
Short seller warned of Nvidia CEO's spy ties months early
Culper Research flagged Jensen Huang's relationship with a suspected Chinese spy in May, six months before the scandal broke.
In brief
Culper Research flagged Jensen Huang's relationship with a suspected Chinese spy in May, six months before the scandal broke. A short seller raised red flags about Nvidia CEO Jensen Huang's ties to a woman now suspected of being a Chinese spy six months before the scandal emerged. Originally reported by TechCrunch.
Short seller raised alarm in May
New York-based short seller Culper Research flagged concerns about Nvidia CEO Jensen Huang's relationship with Alice Huang, an executive at Singapore-based Megaspeed, on May thirteen, twenty twenty-six.
Woman now suspected of espionage
Alice Huang is now suspected to be a Chinese spy recruited to collect intelligence on Jensen Huang and influence his position on U.S. export controls for advanced AI chips.
Culper called relationship suspicious
Culper's report described the relationship between the two executives as uncomfortably close, noting Jensen Huang was spotted partying and socializing with Alice Huang on multiple occasions.
“uncomfortably close”
Megaspeed's mysterious funding surge
Culper alleged Megaspeed's liabilities and equity grew from thirty three million dollars at end of twenty twenty-three to around three billion dollars by end of twenty twenty-four, mostly in refundable deposits.
Alibaba connection alleged
Culper theorized China business lost to export controls was rerouted through Southeast Asia via Megaspeed, secretly financed by Chinese tech giant Alibaba through shell companies.
Allegations remain unverified
Culper is a short seller with financial incentive to make allegations. Possible illegal chip diversion claims have not been independently verified, though Financial Times reported Alibaba lent money to Megaspeed.
The main idea
A short seller raised red flags about Nvidia CEO Jensen Huang's ties to a woman now suspected of being a Chinese spy six months before the scandal emerged.
