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Iren taps Dell Technologies for Nvidia Blackwell servers under $1.6bn contract

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Colossus II.

AI cloud firm Iren has signed a $1.6bn contract with Dell to acquire air-cooled Blackwell systems.

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Summary

The hardware will be deployed across Iren's existing data centers in Childress, Texas, to enable the neocloud to meet a five-year $3.4bn AI cloud contract the company signed with Nvidia earlier this month. The contract with Nvidia will see Iren provide the chip designer with access to 60MW of cloud capacity based on Nvidia hardware. The Blackwell systems from Dell are targeting commission by early 2027, at which point they will increase Iren's annualized revenue run-rate from $3.7bn to $4.4bn. The $1.6bn deal with Dell covers GPUs, servers, storage, networking, ancillary equipment, integration services, and warranties, with payment terms structured on a post-shipment basis.

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