TNW | Business
Oracle cites force majeure over New Mexico data centre, Bloomberg reports
The notice would let Oracle delay payments if its Stargate campus for OpenAI misses its 2028 start date.
Via TNW | Business
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Oracle has sent a force majeure notice over Project Jupiter, a huge AI data centre being built in New Mexico, Bloomberg reported on Thursday, citing people familiar with the matter.
The notice went to the project’s developer, a unit of investment firm Blue Owl Capital.
Companies usually cite force majeure to escape contract duties when events beyond their control get in the way.
According to Bloomberg, Oracle wants the right to delay payments if the campus…
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