Denmark's Gefion AI supercomputer is set for a major expansion after its operator secured an additional DKK 500 million (about €67 million) in investment, with Netcompany joining as a new shareholder. The deal was announced on 10 November by the Danish Centre for AI Innovation (DCAI), the company that runs Gefion.

Netcompany is investing DKK 325 million in new DCAI shares, while Denmark's export and investment fund EIFO is adding a further DKK 150 million. The Novo Nordisk Foundation, which founded DCAI with EIFO, is topping up its own investment to keep a majority stake. Once the deal completes, the foundation will own 52.6% of DCAI, with EIFO and Netcompany each holding 23.7%.

Supercomputer nearing full capacity

Gefion, Denmark's first AI supercomputer, is an NVIDIA DGX SuperPOD system with 1,528 H100 graphics processors. DCAI says the machine is approaching full capacity, and the new money will fund more computing infrastructure and the staff to run it. Netcompany's investment values DCAI at DKK 875 million before the new capital, and the agreement was signed unconditionally on 10 November.

The partners say the aim is to widen access to sovereign Danish AI computing for businesses, public institutions and researchers, including smaller firms that have struggled to secure capacity. The investment also supports Denmark's ambition, set out in its 2026 government platform, to become a frontrunner in developing and responsibly applying AI. The Danish government intends to provide a further DKK 150 million to increase public commitment through EIFO.

"Gefion is approaching full capacity, making timing right for bringing on board additional capital and competencies to accelerate DCAI as a platform for sovereign and secure AI," said DCAI chair Nana Bule. Netcompany chief executive André Rogaczewski will join the DCAI board once the deal completes.

Sources: DCAI, Tech.eu