Singapore company alleged to have helped China get $2 billion worth of Nvidia AI processors, report claims — Nvidia denies that the accused has any China ties, but a U.S. investigation is underway

Singapore-based companies have long been suspected of being used to procure restricted AI accelerators from Nvidia to ship them to China, bypassing U.S. sanctions, but no big smuggling networks have been discovered. However, a recent New York Times investigation has revealed a company with clear Chinese connections registered in Singapore that spent roughly $2 billion on Nvidia AI processors and allegedly made them available for Chinese companies, or re-exported them to China.

The name of the…