Dell Technologies GPU agreement
Company: IREN
The claim, verbatim
IREN has an agreement with Dell Technologies worth approximately $5.8 billion for GPUs and ancillary equipment to fulfill the Microsoft deployment
Source (primary)
IREN Microsoft AI deal clears first hurdle, shares jump 10% - ABC Money (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “IREN separately struck an agreement with Dell Technologies (DELL) worth roughly $5.8bn for the GPUs and ancillary equipment needed to fulfil the deployment”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document directly describes the ~$5.8bn Dell agreement for GPUs and ancillary equipment for the deployment.
Confirmed in the source:
- IREN struck an agreement with Dell Technologies worth roughly $5.8 billion
- The Dell agreement covers GPUs and ancillary equipment needed to fulfill the Microsoft deployment
What we did: Read our cached copy of the publisher (https://www.abcmoney.co.uk/2026/08/iren-microsoft-ai-deal-clears-first-hurdle-shares-jump-10/) in full (6,759 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Microsoft AI deal clears first hurdle, shares jump 10% - ABC Money
Quote: “IREN separately struck an agreement with Dell Technologies (DELL) worth roughly $5.8bn for the GPUs and ancillary equipment needed to fulfil the deployment”