The news of the arrests in Singapore comes just one month after officials in the US announced they were specifically probing whether DeepSeek was working with third parties in Singapore to get its hands on Nvidia chips. If the reports are to be believed, it appears they may have found their answer.

Singapore's Second Minister for Trade and Industry, Tan See Leng, addressed the issue in a statement to lawmakers. According to Tan, while Nvidia reported that 22

Nvidia, the chip giant at the heart of the artificial intelligence (AI) boom, said business remained strong, despite fears of a bubble stirred by the launch of Chinese AI firm DeepSeek's launch on the scene last month.