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Short seller flagged Nvidia CEO’s Megaspeed ties before spy scandal

Original title: A short seller flagged Nvidia CEO’s ties to a suspected Chinese spy six months before the scandal

TechCrunch · AIby Sarah Perez ()2 min read
Part of a story covered by 21 sourcesNvidia board probes Huang’s affair with alleged Chinese spyMerged summary & timeline
AI summary · x-ai/grok-4.7Summaries by Vani AI

Culper’s May 13 report alleged Alibaba secretly financed Megaspeed; chip-diversion claims remain unverified.

Six months before Nvidia’s spy scandal, short seller Culper Research questioned CEO Jensen Huang’s relationship with Megaspeed executive Alice Huang. Huang has admitted an extramarital affair, and Nvidia opened a formal investigation. U.S. intelligence officials believe she was recruited by China to gather intelligence and influence his views on AI-chip export controls. Culper alleged Chinese financing of Megaspeed; diversion claims are unverified, though the Financial Times reported Alibaba loans through subsidiaries.

Unconfirmed: Culper’s chip-diversion theory has not been independently verified, and U.S. intelligence suspicions are attributed claims.

Key facts
  • Culper’s May 13 report called the executives’ relationship uncomfortably close.
  • Megaspeed liabilities and equity grew from $33 million in 2023 to about $3 billion in 2024.
  • Alice Huang shares Jensen Huang’s surname but is not related to him.
  • Culper stood to benefit financially from publishing the allegations.
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From the original article

2 min read at techcrunch.com

Six months before Nvidia's spy scandal erupted, Culper Research was already questioning Jensen Huang's unusually close relationship with a Chinese executive.

TechCrunch · AI

By Sarah Perez · techcrunch.com

Read the full article at TechCrunch · AI

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.