Netcompany backs Danish AI supercomputer with DKK 325m

Netcompany is investing DKK 325 million in the Danish Centre for AI Innovation, the operator of Denmark's Gefion AI supercomputer. The investment is part of a wider DKK 500 million funding round alongside EIFO and the Novo Nordisk Foundation.

The deal will make Netcompany a new co-owner of DCAI, which runs Gefion, a national AI computing system used by organisations across defence, research, academia, healthcare and industry. EIFO is contributing DKK 150 million in the latest round, while the Novo Nordisk Foundation will remain the majority owner.

After completion, DCAI will be owned 52.6% by the Novo Nordisk Foundation, with EIFO and Netcompany each holding 23.7%. Netcompany Chief Executive Officer André Rogaczewski will also join the company's board of directors.

The fresh capital will be used to expand AI computing infrastructure and related technology, while also building out the organisation behind the platform. The aim is to widen access to what the investors describe as sovereign AI for companies, public bodies and researchers in Denmark.

The investment comes as European governments and companies examine their reliance on foreign-owned technology infrastructure for advanced computing and artificial intelligence. In Denmark, Gefion's backers are positioning the system as domestic infrastructure for sectors where data is sensitive or subject to regulation.

Netcompany says it will bring experience from running critical public sector IT systems, including round-the-clock operations and security work. It will also contribute its Feniks Governance product, which it describes as an orchestration layer that makes raw GPU capacity available as a service.

National focus

Gefion was inaugurated in 2024 and initially focused on training large AI models. Demand has since shifted as organisations look to embed AI into products, services and internal processes, while newer forms of AI software take on more complex tasks.

DCAI describes the facility as Denmark's first AI supercomputer. It operates on an NVIDIA DGX SuperPOD system with 1,528 NVIDIA H100 GPUs.

The latest investment is also tied to Denmark's broader policy goal of becoming a leading country in the development and responsible use of AI. Backers argue that domestic control over computing resources will become more important as AI adoption spreads through regulated industries and public services.

Rogaczewski framed the transaction as part of a wider European effort to retain greater control over strategic technology infrastructure.

"The real value of Gefion will not be measured in computing power alone. It will be measured by what Denmark and Europe are able to build with it. Together with the Novo Nordisk Foundation and EIFO, we want to transform this technological foundation into a national AI capability that enables businesses, researchers and public institutions to develop and deploy AI securely, responsibly and at scale. This is about strengthening Denmark's and Europe's competitiveness, resilience and digital sovereignty, and ensuring that we do not simply participate in the AI revolution, but that we are shaping it," said André Rogaczewski, Chief Executive Officer, Netcompany.

For DCAI, the new funding is intended to support a shift from providing raw computing capacity to offering a system that public and private users can adopt more easily in operational settings.

"When Gefion was inaugurated in 2024, the main task was to train large AI models. Today, companies and public organisations are building AI into their products and workflows, and a new generation of AI agents is taking on more complex tasks. DCAI will now be able to build modern AI capacity that public institutions and businesses can trust and adopt, not least where data is sensitive or regulated," said Martin Svensson, Chief Executive Officer, DCAI.

The government has also linked the project to wider economic and strategic concerns around access to computing power, data and AI systems in Europe.

"With Gefion, we are investing in Europe's digital sovereignty and its ability to compete in a world where access to computing power, data and artificial intelligence is crucial... At the same time, it will strengthen our competitiveness and help ensure that ownership of tomorrow's technology is not left to others," said Martin Lidegaard, Minister for Business and Competitiveness.