GoKawiilOracle invokes force majeure on New Mexico Stargate data center financing
Oracle sent a force majeure notice to lender Blue Owl Capital over a $18 billion hyperscale data center in New Mexico that is part of Trump's Stargate AI initiative, according to Bloomberg. The move shields Oracle from liability tied to missing certain development permits, as the facility, meant to run on 2.45 gigawatts of power, faces delays after Oracle scrapped a planned natural gas plant and pivoted to unproven solid oxide fuel cell technology.