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Oracle sends force majeure notice on New Mexico data center, faces power and permitting hurdles

#oracle#data-center#ai-infrastructure#force-majeure

Oracle has sent a force majeure notice to the developer of its Project Jupiter data center in New Mexico, potentially allowing it to delay payments if the facility misses its 2028 target to come online. The project also faces power and permitting hurdles, local resistance, and the removal of a key partner, exposing risks in Oracle's AI infrastructure commitments.

Coverage timeline

  1. TechCrunch AIAditya Mehta
    Oracle sends force majeure notice on its New Mexico Stargate data center

    The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online.

  2. Techmeme
    Project Jupiter, the New Mexico data center for which Oracle made major financial commitments, faces power and permitting hurdles, exposing Oracle's AI risks (Wall Street Journal)

    Wall Street Journal : Project Jupiter, the New Mexico data center for which Oracle made major financial commitments, faces power and permitting hurdles, exposing Oracle's AI risks — Oracle sent a force majeure notice to developer, has removed a key partner and faces local resistance in ‘Project Jupiter’