Thanks for the extensive write up! Every point except 6 (the acquisition) sounds very normal for Chinese companies. 6 million is worth a lot more in the Mainland, not many AI chips tho… mmmm
I actually live in Asia and have done business in the region for years.
Very "normal" for what? None of this is "normal" for a legitimate company supposedly running a neocloud business on $4+ billion worth of Nvidia chips.
Singapore-based companies with this type of footprint run by Chinese nationals are almost always fronts for shady stuff.
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