Oracle's Project Jupiter is just one casualty in a growing wave of blocked and delayed data center construction that threatens to destabilize the entire AI infrastructure boom, and the warning signs ...

One of the hyperscalers funding the AI boom wants the flexibility to delay payments on a $165 billion data center buildout. Oracle stock fell more than 3 percent after delivering a force majeure ...

Oracle set out last year to lease a massive AI data-center campus being built in New Mexico’s Doña Ana County, part of a blitz of deals to create computing power for OpenAI. The company made ...

Oracle (ORCL) stock slid Thursday on a report that the tech giant is taking steps to shield itself against delays for a key data center project in New Mexico. Bloomberg reported early Thursday that ...

Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has guaranteed payouts to investors on a massive New Mexico data centre even if it fails to secure ...

Oracle just handed its $165 billion flagship data center a force majeure notice, and the financing debt is already trading below par. Whether that spells opportunity or accelerating collapse depends ...

Shares of Oracle dropped more than 3% on Thursday after a report flagged challenges related to a data-center project in New Mexico. A story from Bloomberg News on Thursday morning said that Oracle ...

Oracle sent a "force majeure" notice to the developer of its data center project in New Mexico. The company is looking to delay payment if the project doesn't come online in 2028, according to ...

Class members involved in Oracle’s massive data privacy settlement now know how much they’re getting paid. Stemming from a class action lawsuit filed in U.S. District Court for the Northern District ...