Chinese Businesswoman Alice Huang’s Companies Invest in DeepSeek, Commit to Nvidia’s Blackwell Chips
Companies associated with Alice Huang, a Chinese businesswoman under scrutiny for alleged espionage, have invested in the Chinese artificial intelligence firm DeepSeek and are set to supply Nvidia’s latest Blackwell chips. Blackwell represents Nvidia’s newest generation of graphics processing units (GPUs) and AI accelerators, designed for large-scale AI applications and high-performance computing.
Investigations and Warnings
Alice Huang, also known as Alice Wang or Huang Le, has faced significant scrutiny due to her connections with Nvidia CEO Jensen Huang and the Singapore-based data center company Megaspeed. Singapore authorities have issued a stern warning to Alice, barring her from re-entering the country after she provided misleading information during investigations related to Megaspeed. The Ministry of Home Affairs (MHA) stated that the Singapore Police Force (SPF) determined Alice attempted to downplay her involvement with the company.
The ongoing investigation focuses on suspected false declarations concerning server purchases and other related offenses. Both the SPF and Singapore Customs initiated separate probes into Megaspeed and associated entities in February 2025.
Business Connections
Alice’s ties to Jensen Huang reportedly date back several years. She was introduced to him through her husband, corporate investor Kang Weigh, approximately a decade before allegations of her relationship with the Nvidia CEO surfaced. Kang had business dealings with Jensen in the 2010s while acquiring Chinese video game companies, according to sources familiar with the couple.
Chinese media reports indicate that Kang and Alice leveraged their association with Jensen to secure various business opportunities. Some social media posts suggested that Kang would highlight his wife’s relationship with the Nvidia CEO to clients. Alice frequently shared photographs with Jensen on her WeChat account, and her proximity to him was allegedly a significant factor in her business dealings in China. Their recent business activities reportedly occurred through Megaspeed, which has conducted billions of dollars in transactions with Nvidia and remains under investigation for suspected false declarations related to server purchases.
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