jain.com

Dell purchase agreement for Blackwell GPU systems

Company: IREN

Subject kind
partnership
Statement date
2026-05-25
Promised amount
1600000000.0 USD
Current status
stated

The claim, verbatim

IREN has entered into a purchase agreement with Dell for air-cooled Blackwell systems to service its managed services AI cloud contract, with total purchase price of approximately $1.6bn

Source (primary)

iren 8-K exhibit (irentrgts44bninarrwithbl.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗

Quote: “entered into a purchase agreement with Dell for air-cooled Blackwell systems to service its previously announced five-year, $3.4bn managed services AI cloud contract. The total purchase price under the agreement with Dell is approximately $1.6bn”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states IREN entered a Dell purchase agreement for air-cooled Blackwell systems servicing its AI cloud contract with a total price of approximately $1.6bn.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884826000030/irentrgts44bninarrwithbl.htm) in full (5,532 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (irentrgts44bninarrwithbl.htm)

Quote: “entered into a purchase agreement with Dell for air-cooled Blackwell systems to service its previously announced five-year, $3.4bn managed services AI cloud contract. The total purchase price under the agreement with Dell is approximately $1.6bn”

View cached copy (2026-09-06)Live source ↗