Oracle invokes force majeure on New Mexico data center project

Oracle sent a force majeure notice to Blue Owl Capital's development unit regarding Project Jupiter, a Stargate data center campus in New Mexico, citing permit delays by local officials. Oracle may seek to delay lease payments as the facility cannot be powered without necessary permits.

3 reports · +15 socialother · international · tech · us_mainstream

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Oracle Cites 'Force Majeure' to Shield Itself on Controversial Data Center L: https://www. bloomberg.com/news/articles/20 26-09-24/oracle-cites-force-majeure-to-shield-itself-on-controversial-data-cen

mastodon:mstdn-socialother5d ago kagi ↗

Oracle Cites 'Force Majeure' to Shield Itself on Controversial Data Center L: https://www. bloomberg.com/news/articles/20 26-09-24/oracle-cites-force-majeure-to-shield-itself-on-controversial-data-center C: https:// news.ycombinator.com/item?id=4 9830037 posted on 2026.09.24 at 09:04:21 (c=1, p=6)

The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online. https:// techcrunch.com/2026/09/24/orac le-sends-force-majeure-notice-on-its-new-mexico-stargat

mastodon:mstdn-socialother5d ago kagi ↗

The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online. https:// techcrunch.com/2026/09/24/orac le-sends-force-majeure-notice-on-its-new-mexico-stargate-data-center/?utm_source=dlvr.it&utm_medium=mastodon

The potential Oracle domino effect. "Typically reserved for unexpected catastrophes like the outbreak of war, natural disaster, or massive social upheaval, Oracle invoked force majeure in order to shi

mastodon:infosec-exchangeother4d ago kagi ↗

The potential Oracle domino effect. "Typically reserved for unexpected catastrophes like the outbreak of war, natural disaster, or massive social upheaval, Oracle invoked force majeure in order to shield itself from financial liability over the project’s failure to secure certain development permits." Futurism: Trump’s Stargate AI Project in Huge Trouble As $18 Billion Data Center Shrivels Toward

Oracle invokes ‘force majeure’ on OpenAI data centre contract [Full text: https:// pivot-to-ai.com/2026/09/25/ora cle-invokes-force-majeure-on-openai-data-centre-contract/ ] Oracle has written to Blue

mastodon:mstdn-socialother3d ago kagi ↗

Oracle invokes ‘force majeure’ on OpenAI data centre contract [Full text: https:// pivot-to-ai.com/2026/09/25/ora cle-invokes-force-majeure-on-openai-data-centre-contract/ ] Oracle has written to Blue Owl Capital, the private credit funders for most of its Stargate-OpenAI data centre push, claiming force majeure on delays on their Project Jupiter facility under construction in New Mexico. [Bloombe

Alireza Zia (@arzia71) on Threads

stream:bsky-jetstreamother3d ago kagi ↗

www.threads.com/share/BAdKgA... 🚨 For a few companies, the end looks very near. Oracle just triggered a force majeure clause on Project Jupiter — its 2.45-gigawatt Stargate AI data center in New Mexico. In plain English: Oracle wan...

Oracle cites 'force majeure' on Project Jupiter, seeking protection from loan debt

stream:bsky-jetstreamother3d ago kagi ↗

I read this article about Oracle claiming force majeure on Project Jupiter, a proposed $22B data center in New Mexico that has stalled over permitting etc. I would think those issues should have been resolved first. www.krwg.org/krwg-news/20... Abigail Salas speaks with NMSU Economics Professor Dr. Chris Erickson about the state of Oracle's $18 billion loan.

"Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, as reported by Bloomberg. Force majeure clauses excuse a party from contractua

mastodon:fosstodonother2d ago kagi ↗

"Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, as reported by Bloomberg. Force majeure clauses excuse a party from contractual obligations when events outside its control get in the way. The notice would allow Oracle to delay payments should the facility miss its 2028 target. The project, opposed by residents and env groups