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Oracle invokes force majeure over New Mexico data-centre project

2 sources · first seen 17:55 24 Sept · updated 18:15 24 Sept

The brief

Written from 2 reports · check the source before you trade
  • Oracle sent a force majeure notice over potential cost increases on a New Mexico data-centre project

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Linked by the tag New Mexico

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Part of a developing story5 updates over 2 days

Oracle’s New Mexico data centre delays

Oracle issued a force majeure notice over power delays at its Project Jupiter data centre in New Mexico, seeking protection from potential cost increases. The development raised concerns about AI infrastructure financing and weighed on Oracle Financial Services Software shares.

Read the reports

2 reports · earliest 17:55
BloombergOracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center17:55Economic TimesOracle cites 'force majeure' to shield itself on controversial data centre: Bloomberg News18:15