AI Bubble Watch: Oracle Seeks Financial Shield From Massive Data Center Project

The future of the American artificial intelligence industry is tied to the massive data center initiative known as Project Stargate. Oracle, one of the biggest backers of that effort, just took steps to shield itself from financial liabilities from one leg of the project that has hit repeated snags. According to a report from Bloomberg, Oracle recently cited force majeure, a lever that could help the company wiggle out of financial obligations.

Oracle’s shakiness is tied to Project Jupiter, a…