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Oracle Corp. has sent a notice of force majeure to the developer of Project Jupiter, a data center campus that’s currently under construction in New Mexico, according to a report by Bloomberg. Force ...
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Oracle’s (ORCL) credit default swaps on Thursday spiked to record highs, signaling mounting investor anxiety over the AI hyperscaler's debt. The cost to insure the company's debt reached unprecedented ...
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 ...
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 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 ...
Bloomberg reported that Oracle (ORCL-1.53%) has sent a legal notice to the developer of its $X billion "Project Jupiter" AI data center campus scheduled to come ...
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.
Oracle (ORCL) has sent a force majeure notice to the developer of a massive data center project in New Mexico to protect itself from potential payments if the facility is delayed, Bloomberg reported, ...
Sept 24 (Reuters) - Oracle issued a "force majeure" notice to a Blue Owl unit, the developer of a large New Mexico data center, citing potential delays in securing power for the project, a person ...