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Oracle-Blue Owl data-centre delay raises concerns over AI financing
The brief
- Oracle moved to protect itself against potential delays at a New Mexico data-centre project
- The project is being developed by Blue Owl
- California’s New, Less Powerful Reality
- New Mexico privacy trial against Facebook goes to jury, with billions in penalties at stake
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.
Friday, 25 September
- Oracle-Blue Owl data-centre delay raises concerns over AI financing