Netcompany joins DCAI owners with DKK 500 million commitment

By Amara Osei

Who is investing, and who controls DCAI?

Danish IT services firm Netcompany has become a joint owner of the Danish Centre for AI Innovation (DCAI) and will invest DKK 325 million ($49 million).

Netcompany joins EIFO (Export and Investment Fund of Denmark) and the Novo Nordisk Foundation, the centre’s existing owners. Together, the three organisations have pledged an additional DKK 500 million ($75 million) to strengthen Denmark’s AI infrastructure.

• Netcompany will provide DKK 325 million ($49 million).
• EIFO will provide DKK 150 million ($23 million), with that contribution funded by the Danish government.
• The three owners’ combined additional commitment is DKK 500 million ($75 million).

The Novo Nordisk Foundation remains DCAI’s majority owner with 52.6 percent. EIFO and Netcompany each hold 23.7 percent. The Foundation is open to bringing in additional owners, leaving the present ownership split open to further change.

Netcompany’s entry changes the shareholder mix but does not displace the Foundation’s majority control. The funding also keeps the new capital tied to DCAI and its role in expanding access to sovereign AI.

In plain terms, Netcompany joins the ownership structure with control remaining at the Novo Nordisk Foundation.

What does the DKK 500 million fund?

The investment will expand access to sovereign AI for Danish businesses, public institutions and researchers. It also supports the Danish government’s 2026 ambition for Denmark to become a frontrunner in developing AI and applying it responsibly.

The access program names businesses, public institutions and researchers as its users. The 2026 government target adds a national objective: more domestic AI capacity used in the development and responsible application of AI.

The capital therefore links two functions in one transaction: an ownership change at DCAI and an infrastructure program intended to secure additional capacity anchored in Denmark.

In practical terms, the money targets sovereign AI capacity for commercial, public and research users, with EIFO projecting demand for AI capacity to increase at least sixfold within five years.

What hardware makes up Gefion?

DCAI is home to Gefion, a 66.6-petaflop supercomputer named after the Norse goddess of agriculture. Digital Realty’s data center in Copenhagen hosts the system, and Eviden, an Atos Group company, installed it.

Its installed configuration consists of:

• 191 DGX H100 systems
• 1,528 Nvidia H100 Tensor Core GPUs in total
• 382 Intel Xeon Platinum CPUs
• Quantum 2 InfiniBand connectivity

Nvidia CEO Jensen Huang and the King of Denmark inaugurated Gefion in October 2024. The inauguration predates Netcompany’s ownership entry and the additional DKK 500 million commitment, so the new program follows the launch of infrastructure already in service.

Those figures establish the centre’s existing compute base at the time of the funding announcement: 66.6 petaflops, 1,528 H100 GPUs, 382 Xeon CPUs and Quantum 2 InfiniBand links across 191 DGX H100 systems.

How strong is the demand case?

“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. Danish access to a strong and sovereign AI infrastructure is therefore essential,” said Peder Lundquist, CEO of EIFO.

Lundquist said the additional investment would build on what DCAI had already created, quickly secure more AI capacity anchored in Denmark and create perspectives extending into Europe. His forecast gives the announcement a five-year benchmark against which new capacity can be assessed.

Netcompany will fund DKK 325 million of the DKK 500 million package, while EIFO will provide DKK 150 million with Danish government support. The Novo Nordisk Foundation, which controls 52.6 percent of DCAI, remains open to adding owners.

The transaction links a DKK 325 million corporate commitment, DKK 150 million in government-funded EIFO capital and a minimum sixfold five-year demand forecast around Denmark’s sovereign-AI buildout.