Done.ai Group AB and Fossefall AS to Explore Nordic AI Infrastructure Collaboration

Fossefall, a Norway-based Nordic AI and digital infrastructure platform, pursues partnerships with companies that share its commitment to providing customers with reliable and secure access to AI compute capacity.

“We are seeing increasing interest from companies that want reliable, high-performance compute capacity combined with strong data governance and sustainable power. A collaboration with Done.ai marks an important step as we realise our strategy to meet the accelerating demand for sovereign AI infrastructure in the Nordic region,” says Øyvind L. Vesterdal, CEO of Fossefall.

The purpose of the LOI is to assess the feasibility of developing a GPU-as-a-Service platform, where Fossefall will provide infrastructure and platform capabilities for training and running AI models, and Done.ai will test the environment and provide structured input based on its application needs and to help secure compute capacity.

Under the LOI, the parties will jointly evaluate capacity planning for the coming years and provide testing of inference capabilities, enabling Done.ai to access and test GPU infrastructure and provide structured feedback. The goal is to establish a basis for a broader commercial relationship. Done.ai has an option with Fossefall to secure adequate compute capacity in line with its business objectives.

Growing demand for AI compute capacity

As demand for AI compute capacity grows and access tightens across Europe, securing reliable infrastructure is becoming a structural competitive advantage.

“Compute capacity is constrained, and those who partner early with the right infrastructure builders will have an advantage that will be difficult to replicate later. For Done.ai, a collaboration with Fossefall will enable improved unit economics, keep our customers’ data in the Nordics under full regulatory alignment, and strengthen our ability to offer AI capabilities at attractive price points as we scale,” says Staffan Herbst, CEO of Done.ai.

Fossefall’s infrastructure is designed around sovereign compute principles, with all data processed and stored within Nordic jurisdiction in compliance with applicable Norwegian and Swedish regulatory standards. For Done.ai, this means customers receive demonstrable data residency guarantees, a critical requirement for adoption in regulated segments.

Done.ai has a minority investment in Fossefall, representing an ownership stake of approximately 2.4 percent of the shares in the company. The shareholding reflects Done.ai’s long-term strategic interest in contributing to and benefiting from the development of Nordic AI infrastructure, while maintaining an arm’s-length, commercially structured relationship between the parties.