I called it a whole year ago‼️
Megaspeed CEO Huang Xiaole (黄小乐) aka Alice Huang, a Chinese businesswoman who had a close relationship with Jensen Huang, was found to be a Chinese intelligence asset funneling information to Beijing. President Trump was briefed and took no action.
American spy agencies had gathered striking intelligence. Surveillance of Alice Huang revealed that she had developed a close relationship with Jensen Huang, Nvidia’s chief executive.
The discovery that Beijing was getting reports from someone with direct access to Jensen Huang set off alarms at the White House.
Roughly a year ago, Trump was briefed about the intelligence findings, which have not been previously reported, and chose not to do anything with the information. Trump has been wary of disrupting Nvidia’s chip sales, which are helping to drive the economy and the stock market, and of further complicating the trading relationship with China.
American officials already suspected that Alice Huang was helping China evade constraints on its ability to gain access to advanced AI chips.
But the revelation that she was feeding information directly to Beijing raised more troubling possibilities. And it left questions about whether she could be gleaning information about Nvidia, which as much as any company accounts for the lead the US has maintained in developing cutting-edge AI models.
Jensen Huang has not received a defensive briefing, warnings sometimes given to Americans who are being targeted by foreign intelligence services.
The surveillance of Alice Huang continues, and companies that have been affiliated with her continued this year to purchase Nvidia chips.
When Trump was initially briefed on the intelligence last year, U.S. officials did not believe the Nvidia executive knew that Jensen Huang was gathering information for the Chinese. It is unclear whether intelligence officials have since updated their assessment, but some senior officials inside the Trump administration doubt that Jensen Huang could have remained unaware of what they had concluded was her intel-gathering role for China.
The previous reporting about Alice Huang described her meteoric and somewhat mysterious rise. A Chinese businesswoman and investor, she eventually became a top official with Megaspeed, which the Commerce Department, toward the end of the Biden administration, began to suspect was helping China evade US prohibitions and gain access to the computing power of Nvidia chips.
The US government has been investigating Megaspeed since late 2024, when a Commerce Department official visited its data center in Malaysia and found the site to be suspicious. The Nvidia equipment was still packed in boxes, suggesting it was being shipped in or out rather than installed there.
Singapore has conducted its own investigation into Megaspeed. In 2025, Singaporean authorities brought Alice Huang in for questioning, but subsequently released her.
The Commerce Department investigation into Megaspeed was handed over this year to the Justice Department.
Megaspeed is among the firms in Southeast Asia that buy chips to build data centers and then rent their computing power to companies in China.
Megaspeed is essentially a middle man. It has bought Nvidia chips from Aivres, the US arm of 🇨🇳 Inspur, which has been blacklisted for funneling technology to the Chinese military, though Aivres remains free of sanctions.
Megaspeed has then provided that computing power to Alibaba and other Chinese companies. US officials believe the firm is one piece of a sprawling international effort by Chinese companies to access the chips needed to build and run AI. Investigators suspect that some Nvidia chips acquired by Megaspeed are also finding their way illegally into China.
1/n
https://t.co/W3CGceaJ7R
Im sure this will piss some people off but I'm Canadian and I dont care about the US midterms
I care that Carney is flooding Canada with millions of rapists,murderers,scammers and drug dealers
Exactly!
When I grew up in Communist China, I was surrounded by completely brainwashed people, including myself.
Now in the US, I’m surrounded by people even more brainwashed than the communists I grew up with in China.
Communism thrives on a dumbed-down population. And the dumbing down is systematically carried out through schools, the media, and Hollywood!
🚨 BREAKING: Hackers are hitting the world's money system in 7 places at the same time.
This is what Covid looked like in week 1. A few banks. A few apps. Nobody called it a crisis.
1/ France: more than €118 million (about $133 million) was pulled out of Crédit Mutuel Arkéa over several days and turned into crypto. Today its app was down and EVERY transfer was blocked. The bank says customers lose nothing.
2/ Belgium: on October 28, the federal finance ministry said a cyberattack hit it. The online tax portal was SHUT and tax deadlines will be pushed back.
3/ Eurozone: on October 22, the European Central Bank, the bank behind the euro, confirmed that attackers planted malware on one of its websites.
4/ South Korea: at least 9 banks targeted since late September by an attacker using an AI hacking agent. At Shinhan Bank alone, about 25,000 customers had their names, phone numbers, incomes and loan limits exposed.
5/ Japan: hackers broke into GMO Internet and demanded $50 million in crypto. The prime minister promised an emergency anti-cyberattack package.
6/ At least 14 countries: China-linked hackers used AI agents to attack 200+ organisations in just 11 days. Finance was on the target list.
7/ Crypto: more than $6 billion drained from Binance hot wallets on 11 blockchains on October 29, most of it in about 30 minutes. The FBI says North Korea did it.
Now zoom out.
Hackers now send AI agents to do the work. The French money left over several days before the bank confirmed anything. Fake IDs passed the crypto exchanges' checks. About $63 million in stablecoins became 27,553 Ether in 4 hours. Part of it vanished into Monero, a coin built to hide who sends and who receives.
Covid locked the streets. This time the lock is on the bank app, and €118 million is already gone. Nobody is calling this a crisis yet. But central bankers already plan for the day the hackers get in.
The G7 agreed to run drills that simulate AI attacks on banks. The ECB gave eurozone banks until October 31 to hand in AI cyber defence plans. And last month the IMF chief warned we may end up with "lots of people with shoeboxes under their beds."
We confirm every attack on banks and exchanges before we post it. Follow for the next confirmed case, and share this with anyone whose salary lands in a bank account.
@business Ask China to lower their limits on everything for outsiders first. China has the best international trade barriers in the planet outside paper, but no one complains.
So, this guy, Daijohn Richards, age 23, shows up at a Toronto Hospital
❌Gets treated
❌Police are notified
❌They know him
But they let him go anyway?
Now Richards, is on a Canada WIDE Warrant for the following charges?
4 counts of Discharge Firearm with Intent to Wound
4 counts of Robbery with a Firearm
3 counts of Aggravated Assault
Break and Enter Commit/Dwelling-House
Possess Prohibited Device
Disguise with Intent
Unbelievable 🤦🏼♀️
China is furious the U.S. is ending its near-monopoly on testing electronics for the American market.
After the FCC vote, China’s Commerce Ministry demanded the rules be revoked immediately. It called the move a violation of “important consensus” between the two leaders, claimed it disrupts global supply chains, and warned of further countermeasures if the U.S. “insists on going its own way.”
Beijing also said it previously offered mutual recognition talks, but the U.S. was “extremely passive and negative.” Chinese labs currently handle ~82% of testing for devices sold in the U.S., with no reciprocal access for American labs.
The core issue is reciprocity and oversight. China can threaten retaliation; it still hasn’t offered the same access it wants to keep.
The White underclass is a miracle, and probably why the West has succeeded.
Thomas Frank wrote “What’s the Matter with Kansas” to explore why poor Whites don’t vote for socialist policies that would (narrowly, in the short-term) benefit them. Of course he concluded it was about racism, as he was predetermined to do by his ideology.
But I actually think he highlighted an incredibly important fact: poor White Americans, uniquely among underclasses globally, don’t vote for socialism.
The typical dynamic is rich people trying to keep what they have and poor people trying to take it. But the American lower-class White does not behave this way, because he has a deontological aversion to government interference. The collection of attitudes and beliefs described as “rugged individualism” are often assessed in terms of how they impact the individual, but I think it’s much more important to consider how they impact a nation.
(White) America has the world’s least resentful or grasping underclass. This is a treasure. They should be preserved and rewarded. Many might be net-negative fiscally in a narrow sense, but they are hugely net-positive if you consider their votes. Trump famously said “I love the poorly educated.” He was right to say this. Every nation has an elite. No other nation has such a high quality of virtuous common people.