Oracle Cites 'Force Majeure' to Protect Itself on Data Center Project

Oracle is invoking 'force majeure' to protect itself from potential cost increases related to a large data center project in New Mexico, dubbed Project Jupiter. This move aims to delay payments if the data center, scheduled for 2028, faces derailment. The report from Bloomberg News, citing sources, indicates Oracle is seeking to avoid additional costs rather than exiting as the main tenant.