TechBloomberg1h ago
Oracle sent a force majeure notice
Sources: Oracle sent a force majeure notice to Blue Owl to delay payments on the 2.45GW Project Jupiter data center in New Mexico if it fails to launch in 2028
TL;DROracle invoked force majeure to avoid paying for a delayed New Mexico data center project.
Why it matters: Signals potential trouble funding AI infrastructure buildout; matters for cloud computing capacity and Oracle's capex strategy.
Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico …
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