Wall St Engine(@wallstengine):ORACLE SEEKS PROTECTION FROM DATA CENTER DELAYS $ORCL has issued a force majeure notice tied to Project Jupiter, the 2.45GW New Mexico data center that is part of the Stargate AI buildout, Bloomberg reports. Oracle is not trying to exit the project, but is seeking to delay payments if the site misses its planned 2028 opening. The project has faced permitting setbacks, including a six-month delay to a key gas pipeline. Its $18B construction debt is already trading below 90 cents on the dollar. Oracle says the project remains on schedule.

2026.09.24 12:32

ORACLE SEEKS PROTECTION FROM DATA CENTER DELAYS $ORCL has issued a force majeure notice tied to Project Jupiter, the 2.45GW New Mexico data center that is part of the Stargate AI buildout, Bloomberg reports. Oracle is not trying to exit the project, but is seeking to delay payments if the site misses its planned 2028 opening. The project has faced permitting setbacks, including a six-month delay to a key gas pipeline. Its $18B construction debt is already trading below 90 cents on the dollar. Oracle says the project remains on schedule.