Skip to content
Tuesday, November 10, 2026 · Today’s edition, 6:30 a.m. ETTue, Nov 10 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

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

Related

Infrastructure

Data Centers Move From Grid Tenants to Power Owners

Nvidia's Cloverleaf stake and developer-built generation show that the AI buildout's bottleneck has shifted from land and chips to electrons.

Infrastructure

Deutsche Telekom to add 20MW of Nvidia B300 capacity in Munich

The expansion is about 15% of the 130MW that the carrier's T-Systems unit runs across 16 data centers.

Infrastructure

Nvidia pitches Apollo on up to 1GW of edge compute at Brightspeed

The Information reports the two are sharing information and arranging potential site visits, with first capacity possibly live as soon as Q1 2027.

Infrastructure

SoftBank, Petros and Grab sign $1 billion Sarawak data center deal

SoftBank will fund $800 million of the first tranche, Grab and Petros will contribute $100 million each, and no customer has been named for the 5GW target.

Infrastructure

Boosteroid, Gaw Capital sign preliminary 480MW Kazakh agreements

Phase two is expandable to 620MW and sits alongside 304MW of phase-one capacity already underway in the Pavlodar region.

Private Infrastructure Dailyfrom Private Wealth Daily

Energy transition, digital infrastructure and core-plus funds. Daily at 7:25 a.m. ET.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections