Megaspeed Hires U.S. Law Firm to Inventory GPUs and Review Export Controls

Megaspeed International has hired a U.S. law firm to inventory its graphics processing units (GPUs) and independently review its export-control practices, detailing steps the company says will support compliance with U.S. law.

Megaspeed said the firm will lead a comprehensive GPU inventory and independently examine the company’s export-control practices. The company described compliance with U.S. export-control laws as a priority and said it welcomes appropriate government oversight.

Megaspeed said it has cooperated with an inspection by the U.S. Commerce Department’s Bureau of Industry and Security (BIS). It is prepared to cooperate with other U.S. government agencies, the company said.

Megaspeed had previously said it brought in outside lawyers to examine claims involving Alice Huang and Megaspeed and planned to cooperate with U.S. authorities. The latest announcement specifies a comprehensive GPU inventory and an independent review of export-control practices. Megaspeed said it would demonstrate through its actions that it operates responsibly and transparently and complies with applicable U.S. law.