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Netcompany takes 23.7% stake in Danish AI center

EIFO adds DKK 150 million from the Danish government and the Novo Nordisk Foundation keeps a 52.6% majority.

$75MAdditional funding pledged by DCAI owners

At a glance

  1. EIFO, Denmark's Export and Investment Fund, will add DKK 150 million ($23 million) from the Danish government and hold the other 23.7%.
  2. The center's Gefion supercomputer runs inside a Digital Realty data center in Copenhagen, but the center owns the machines and leases the hall.
  3. The key due-diligence measures are GPU utilization and the price of Danish AI capacity, not the building's rent roll.

IT services firm Netcompany has taken a 23.7% stake in the Danish Centre for AI Innovation and committed DKK 325 million ($49 million) of the DKK 500 million ($75 million) additional funding, Data Center Dynamics reported.

EIFO, Denmark's Export and Investment Fund, will add DKK 150 million ($23 million) from the Danish government and hold the other 23.7%. The Novo Nordisk Foundation remains majority owner at 52.6% and is open to bringing on additional owners. The money is earmarked to widen access to sovereign AI for businesses, public institutions and researchers.

The center's Gefion supercomputer runs inside a Digital Realty data center in Copenhagen, but the center owns the machines and leases the hall.

The key due-diligence measures are GPU utilization and the price of Danish AI capacity, not the building's rent roll.

Gefion has 191 Nvidia DGX H100 systems with 1,528 H100 GPUs and is rated at 66.6 petaflops. Nvidia CEO Jensen Huang and Denmark's king inaugurated it in October 2024.

“AI is fundamentally changing our economy and society, and within only five years, we expect the demand for AI capacity in Denmark to increase at least sixfold,” EIFO chief executive Peder Lundquist said. The top-up follows a 2026 Danish government ambition for the country to become a frontrunner in developing and applying AI responsibly.

The foundation keeps 52.6% of Denmark's AI center

Ownership stakes in the Danish Centre for AI Innovation, %

PartValue (%)Share
52.6%52.6%
23.7%23.7%
23.7%23.7%
Source: Data Center Dynamics
“AI is fundamentally changing our economy and society, and within only five years, we expect the demand for AI capacity in Denmark to increase at least sixfold.”Peder Lundquist, chief executive of EIFO

Reported by the Data centers & fiber desk from Data Center Dynamics. Published . Corrections

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