Place bacon, onion and garlic into the instant pot. Sautee the ingredients until bacon is fully cooked, about 3-5 minutes. Add potatoes, broth, dill, salt and pepper and mix well.
Place the lid onto the instant pot and close. Seal the pressure release valve and set the instant pot to manual, high pressure for 4 minutes. When cooking cycle is finished, quick release the steam and open the pot. Carefully stir in cream.