For the Western bank that passed on the data centre deal, the risk of potential US pushback was too high to merit involvement, according to people involved with the discussions. One of the clients for the data centre has been Chinese tech firm ByteDance Ltd, according to a press release from Malaysia Investment Development Authority. The data centre also had service contracts with Singapore-based AI firm Megaspeed International Pte, according to documents seen by Bloomberg News. The United States government is investigating Megaspeed’s ownership structure and whether it’s smuggled Nvidia chips to China, people familiar with the effort said in December. Still, it’s unclear how the legal ramifications might change after US President Donald Trump’s decision in December to grant Nvidia permission to ship its H200 AI chips to China.

Source: The Star January 09, 2026 06:22 UTC