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 ...

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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 ...

The company is supposed to be the primary tenant for a massive data center in New Mexico currently under construction. Oracle sent a force majeure notice to Blue Owl Capital, the company that owns the ...

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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 ...

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 ...

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Good morning. The headline numbers in Oracle’s first-quarter earnings report were impressive enough, sparking a turnaround in its stock. Shares of the tech giant were up this morning in premarket ...

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. About $18bn of loans tied to a data centre leased to Oracle in New Mexico slid into stressed territory on ...