Oracle issues force majeure notice on New Mexico Stargate data center project
Oracle sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, according to Bloomberg. The notice would let Oracle delay payments if the facility fails to meet its 2028 launch target, though the company says it isn't trying to exit as the site's main tenant. Both Oracle and Blue Owl Capital, whose unit received the notice, say the project's financial commitments remain unchanged and construction is on schedule.