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Denmark invests €67M in Gefion operator DCAI for sovereign AI

The Danish Centre for AI Innovation, operator of the Gefion supercomputer, is receiving €67 million, with Netcompany joining as a new shareholder alongside EIFO.

Rows of servers in a data centre housing a national AI supercomputer, with a Danish flag motif.
Image: Tech.eu

The Danish Centre for AI Innovation (DCAI), which operates the Gefion supercomputer, is receiving a €67 million (DKK 500 million) investment. Of that, €43.6 million (DKK 325 million) comes from new shareholder Netcompany and €20.1 million (DKK 150 million) from existing investor EIFO. The Novo Nordisk Foundation is also raising its commitment.

Once the deal closes, the Foundation will hold 52.6 per cent of DCAI and keep its majority. EIFO and Netcompany will each own 23.7 per cent. Netcompany will get a seat on DCAI's board with the usual minority shareholder rights.

From model training to real-world adoption

Gefion was inaugurated in 2024, when the main task was training large AI models. According to the partners, companies and public organisations now build AI into their products and workflows, and a new generation of AI agents is taking on more complex tasks. DCAI wants to build modern AI capacity that public institutions and businesses can trust, especially where data is sensitive or regulated.

The aim is a shared, sovereign national AI platform that lowers the barriers to advanced AI, particularly for public institutions, regulated industries and smaller businesses. The partnership combines DCAI's AI infrastructure with Netcompany's experience in building and running complex, society-critical digital systems in Europe.

Government backing and market potential

The investment supports the ambition in Denmark's 2026 government platform to become a frontrunner in developing and responsibly applying AI. The government intends to provide €20 million (DKK 150 million) to increase public commitment through EIFO.

Gefion already serves users in defence, research, academia, healthcare and industry. Market analysis points to an addressable market many times DCAI's current scale, which highlights room for further capacity expansion.

"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," said André Rogaczewski, CEO of Netcompany.

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Tags:dcaigefionnetcompanyeifonovo nordisk foundationsovereign ai

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