Nvidia scandal firm Megaspeed's Australian arm traced to Victorian newsagency
Filings list a 29-year-old Shanghai-based director at a Seymour lottery shop address, as Megaspeed pledges to cooperate with US investigators.
Megaspeed International is the Singapore company at the centre of the scandal around Nvidia chief executive Jensen Huang. Its Australian affiliate lists a newsagency and lottery retailer in regional Victoria as the home address of its only officer, according to Reuters reporting published by The Straits Times.
Filings with the Australian Securities and Investments Commission and in the US state of Delaware show the affiliates were set up in 2024. Both name Kai Kang, 29, as the sole company officer, either as director or president. The Australian filing says Kang was born in Shanghai and lists the Singapore parent as stockholder. Reuters checks found he is also registered as a director of Megaspeed's units in Malaysia, Indonesia and Thailand.
Reuters could not reach Kang, so it visited the address: Seymour News, a shop on the main street of Seymour, about an hour's drive north of Melbourne. A woman who said she was Kang's mother, and who said she had run the business for about 16 years, told the agency her son did not work there and was based in Shanghai. "He doesn't have any business here," she said. She said he had finished a master's degree at Shanghai University and last visited in August and September. She said she knew about Nvidia and Megaspeed but that her son had nothing to do with the Singapore company.
Megaspeed Australia's business address is the 10th floor of a building in Sydney's business district. A concierge there said it was a virtual office used for administrative purposes. Reuters could not determine whether any Australian authorities were looking into the firm, and the Australian Security Intelligence Organisation said it does not confirm or comment on investigations.
The scandal follows reports that Jensen Huang had a close relationship with Chinese businesswoman Alice Huang, whom US intelligence officials believed was spying for Beijing. The Straits Times describes her as a controlling shareholder of Megaspeed. The Hindu calls her a former executive of the company. Jensen Huang admitted on November 9 that he had been unfaithful to his wife but gave no details. Beijing has called the spying claim "a groundless accusation, slander and a smear". Alice Huang could not be reached for comment.
The Hindu reported that Megaspeed, in its first statement since Huang's admission, pledged on Thursday to cooperate with investigations into concerns over risks to US national security. The company said it takes its obligation to comply with US export control laws "extremely seriously" and is "committed to working constructively and transparently with the U.S. government."
Megaspeed, which says on its website that it is an Nvidia Cloud Partner in the Asia-Pacific, first drew attention in 2025 when The New York Times reported it was under US investigation over whether it was helping Chinese customers obtain advanced Nvidia chips subject to export controls. In October 2025, Singapore police said they were investigating the company over "suspected breaches of our domestic laws", after a US senator asked the Commerce Department to examine whether it had diverted Nvidia chips.
Nvidia's board was reported to be meeting to discuss Huang's situation, The Hindu said, but there was no word on any outcome.
Sources: The Straits Times, Megaspeed’s links to rural Australian store raise fresh questions in Nvidia scandal; The Hindu, Megaspeed to cooperate with U.S. probe into Nvidia CEO Jensen Huang scandal.
