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● TRACKER Updated 13d ago · 51 sources tracked

Oracle cites 'force majeure' to shield itself on data center, Bloomberg News reports

Oracle has issued a force majeure notice for Project Jupiter, its massive artificial intelligence data center campus in New Mexico, triggering financing concerns and sending Oracle Financial Services Software shares down over five percent to a nine-week low of Rs 10,332 on the National Stock Exchange. The legal maneuver occurs amid rising costs, construction delays, and pipeline issues that threaten the target launch date for the OpenAI facility. Broader technology markets also declined during the session as investors faced mounting pressures from oil prices, Treasury yields, and geopolitical tensions.

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  • ✓ Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project.
  • ✓ Oracle Financial Services Software shares tumbled over 5% to a nine-week low of Rs 10,332 on the NSE.
🛡️ Source Corroboration: 51 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Market reaction materialized as Oracle Financial Services Software shares tumbled over five percent following the parent company's force majeure notice.

Live updates

  1. Oracle Cites Force Majeure on New Mexico AI Data Center Project

    Oracle has issued a force majeure notice for Project Jupiter, its massive artificial intelligence data center campus in New Mexico, triggering financing concerns and sending Oracle Financial Services Software shares down over five percent to a nine-week low of Rs 10,332 on the National Stock Exchange. The legal maneuver occurs amid rising costs, construction delays, and pipeline issues that threaten the target launch date for the OpenAI facility. Broader technology markets also declined during the session as investors faced mounting pressures from oil prices, Treasury yields, and geopolitical tensions.

    Why it matters

    The disruption at the New Mexico data center campus highlights growing vulnerabilities within the artificial intelligence infrastructure sector as developers confront stringent financing conditions and escalating credit risks. Oracle previously encountered pipeline delays for the four-year development plan and revised its power strategy by withdrawing gas turbine permits in favor of Bloom Energy fuel cells. Market sensitivity remains elevated as technology stocks face simultaneous pressures from macroeconomic headwinds and project execution hurdles.

    What is confirmed

    • Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project.
    • Oracle Financial Services Software shares tumbled over 5% to a nine-week low of Rs 10,332 on the NSE.

    What to watch next

    • Further disclosures from Oracle regarding the timeline and construction status of Project Jupiter.
    • Subsequent trading performance of Oracle Financial Services Software shares on the NSE.
    Sources used for this update (3)
    1. economictimes.indiatimes.com — oracle news today: Latest News & Videos, Photos about oracle ...
    2. www.siliconreport.com — Datacenters archive: September 2026 | SiliconReport
    3. economictimes.indiatimes.com — jupiter company: Latest News & Videos, Photos about jupiter ...
    confidence 100%

  2. Oracle Cites Force Majeure for Project Jupiter Data Center

    Oracle has declared force majeure for Project Jupiter, a massive artificial intelligence data center campus in New Mexico, to shield the company from escalating costs and construction delays. The legal maneuver occurs two years into a four-year development plan built for OpenAI, as pipeline delays threaten the target launch date. Concurrently, Oracle withdrew or revised permits for gas turbines and a related pipeline, shifting the project toward Bloom Energy fuel cells. Broader financial pressures are impacting the artificial intelligence infrastructure sector, with companies facing heightened credit risks and elevated borrowing costs due to stringent financing conditions.

    Why it matters

    The artificial intelligence infrastructure sector faces mounting pressure from grid issues, rising costs, and environmental scrutiny over massive data center builds. Anthropic PBC stated it expects heightened scrutiny regarding the environmental and social tensions associated with the rapid build-out of artificial intelligence facilities. At the same time, regional grid strains and regulatory hurdles are impacting power plans for large-scale technology campuses across the United States.

    What is confirmed

    • Oracle declared force majeure for Project Jupiter, an artificial intelligence data center campus in New Mexico built for OpenAI, to protect itself from escalating costs and construction delays.
    • Oracle withdrew or revised permits for gas turbines and a related pipeline, shifting the project toward Bloom Energy fuel cells.
    • Broader financial pressures are impacting the artificial intelligence infrastructure sector, with companies facing heightened credit risks and elevated borrowing costs.

    Still unconfirmed

    • Anthropic PBC expects to face heightened scrutiny of how it tackles environmental and social tensions associated with the build-out of artificial intelligence.

    What to watch next

    • Resolution or legal challenges surrounding Oracle's force majeure declaration for Project Jupiter
    • Updates on the deployment of Bloom Energy fuel cells following permit revisions
    • Further industry disclosures regarding data center power constraints and grid delays
    Sources used for this update (5)
    1. www.theverge.com — All the drama around AI’s takeover of mathematics
    2. centralintelligence.co — Project Jupiter’s Power Plan Under Pressure | Data Centers ...
    3. cryptobriefing.com — US AI data center projects face delays, rising costs amid ...
    4. www.insurancejournal.com — Anthropic Filing Reveals Concerns Over Data Center Pushback
    5. economictimes.indiatimes.com — force majeure News and Updates from The Economic Times - Page 1
    confidence 90%

  3. Oracle Cites Force Majeure on New Mexico AI Data Center

    Oracle declared force majeure for Project Jupiter, a massive artificial intelligence data center campus in New Mexico, to protect the company from escalating costs and construction delays. The legal maneuver comes two years into a four-year development plan built for OpenAI, as pipeline delays threaten the target launch date. Concurrently, broader financial pressures are impacting the artificial intelligence infrastructure sector, with companies like Oracle and CoreWeave facing heightened credit risks and elevated borrowing costs due to stringent financing conditions highlighted in a recent Jefferies report.

    Why it matters

    The declaration of force majeure highlights vulnerabilities within the capital-intensive artificial intelligence infrastructure buildout as firms encounter rising financing expenses and stringent borrowing conditions. Oracle shares dropped nearly five percent in pre-market trading following the initial reports of the legal notice. Pipeline delays at the New Mexico site have forced the company to consider alternative operations, such as trucking compressed natural gas.

    What is confirmed

    • Oracle declared force majeure regarding Project Jupiter, its data center project in New Mexico, to prepare for potential infrastructure delays and cost increases.
    • Project Jupiter is a large-scale artificial intelligence data center situated in New Mexico that is two years into a four-year construction plan.
    • A Jefferies report highlights stringent borrowing conditions raising alarms for future artificial intelligence investments, with companies such as Oracle and CoreWeave seeing increased credit spreads and higher borrowing costs.

    Still unconfirmed

    • Oracle is considering trucking compressed natural gas to the New Mexico site for early operations due to pipeline delays.

    What to watch next

    • Developments regarding the timeline of Project Jupiter beyond its 2028 target launch date
    • Changes in credit spreads and borrowing conditions for artificial intelligence infrastructure companies
    • Decisions on alternative energy delivery methods such as trucking compressed natural gas to the data center site
    Sources used for this update (6)
    1. economictimes.indiatimes.com — oracle data centre: Latest News & Videos, Photos about oracle ...
    2. dyax.io — Oracle Declares Force Majeure on New Mexico Data Center ...
    3. www.fool.com — Oracle Calls Force Majeure Already? | The Motley Fool
    4. www.galvnews.com — Oracle cites ‘force majeure’ to shield itself on data center ...
    5. dialecticaldispatches.substack.com — What Oracle's Force Majeure Notice Reveals About the AI Buildout
    6. www.youtube.com — Oracle Just Used an "Act of God" Clause on a $165 Billion AI ...
    confidence 100%

  4. Oracle Cites Force Majeure on Data Center Project

    Oracle Corporation issued a force majeure notice for Project Jupiter, a massive artificial intelligence data center campus in New Mexico, according to prior reporting. The legal maneuver aims to protect the technology company from escalating costs and construction setbacks that could push the facility past its 2028 target launch date. Pipeline delays threaten the multi-billion-dollar development built for OpenAI, leading the technology firm to consider trucking compressed natural gas to the site for early operations. Oracle shares dropped nearly five percent in pre-market trading following the news.

    Why it matters

    Headquartered in Austin, Texas, Oracle is a major multinational technology company founded in 1977 that sells database software, cloud infrastructure, and enterprise applications. The company develops the Oracle AI Database, a proprietary multi-model database management system supporting online transaction processing and artificial intelligence workloads. Project Jupiter represents a critical infrastructure development intended to support advanced artificial intelligence operations for OpenAI.

    What is confirmed

    • Oracle Corporation is an American multinational technology company headquartered in Austin, Texas.
    • Oracle was co-founded in Santa Clara, California, in 1977 by Bob Miner, Ed Oates, and current chairman and chief technology officer Larry Ellison.
    • Oracle sells database software, enterprise applications, and cloud infrastructure and hardware.
    • The company developed the Oracle AI Database, which was first released in 1979 as an early commercially available database using SQL.

    Still unconfirmed

    • Oracle issued a force majeure notice for Project Jupiter, a massive artificial intelligence data center campus in New Mexico.
    • Pipeline delays threaten the multi-billion-dollar development built for OpenAI, prompting the technology firm to weigh trucking compressed natural gas to the site to power early operations.
    • Oracle shares fell nearly five percent in pre-market trading following reports of the force majeure notice.

    What to watch next

    • Resolution of pipeline delays affecting Project Jupiter in New Mexico
    • Decisions regarding whether OpenAI will truck compressed natural gas to the data center site
    • Confirmation of whether the facility launch date remains targeted for 2028
    Sources used for this update (3)
    1. en.wikipedia.org — Oracle Corporation - Wikipedia
    2. en.wikipedia.org — Oracle Database - Wikipedia
    3. docs.oracle.com — Oracle Cloud Portal
    confidence 80%

  5. Oracle Shares Fall After Force Majeure Notice on New Mexico AI Center

    Oracle shares fell nearly five percent in pre-market trading following reports that the company issued a force majeure notice for Project Jupiter, a massive artificial intelligence data center campus in New Mexico. The legal maneuver is designed to protect Oracle from escalating costs and potential construction setbacks, which could delay the facility past its target launch date in 2028. Pipeline delays have threatened the multi-billion-dollar development built for OpenAI, prompting the technology firm to weigh trucking compressed natural gas to the site to power early operations.

    Why it matters

    The strategic move highlights the severe energy and infrastructure bottlenecks facing massive artificial intelligence data center developments across the industry. Oracle is building the 2.45-gigawatt campus to support its expanding workload commitments, but incomplete permanent pipeline connections pose immediate logistical challenges. To circumvent grid delays, the company has explored alternative delivery methods used at other data centers, including transporting compressed natural gas by truck.

    What is confirmed

    • Oracle shares fell nearly five percent in pre-market trading following reports of the force majeure notice on the New Mexico Project Jupiter data centre.
    • Project Jupiter is a 2.45-gigawatt artificial intelligence campus in New Mexico built for OpenAI.
    • Oracle is weighing the approach of trucking compressed natural gas to the Project Jupiter campus to allow early phases to operate before permanent pipeline connections are complete.

    Still unconfirmed

    • The force majeure notice could allow payment delays if construction setbacks push the artificial intelligence facility beyond its planned 2028 launch.
    • Pipeline delays threaten a 664 billion dollar artificial intelligence backlog.

    What to watch next

    • Official statements from Oracle detailing the scope and legal terms of the force majeure notice.
    • Updates on permanent natural gas pipeline construction schedules in New Mexico.
    • Further market reactions and share price movements for Oracle Corporation.
    Sources used for this update (4)
    1. www.wionews.com — Oracle shares fall 5% as costly AI infrastructure project ...
    2. www.foreignpolicyjournal.com — Oracle (NYSE: ORCL) Issues Force Majeure Warning As Pipeline Delay Threatens $664 Billion AI Backlog
    3. www.naturalnews.com — Oracle Trucks Compressed Natural Gas to Data Centers as ...
    4. longbridge.com — AI 数据中心的电，开始用卡车运 | Longbridge
    confidence 95%

  6. Oracle invokes force majeure on New Mexico AI project

    Oracle Corporation has issued a force majeure notice for Project Jupiter, its 1,400-acre artificial intelligence data center campus in New Mexico. The legal move aims to protect the technology company from escalating costs and power supply delays tied to the multi-billion-dollar development. Despite the notice and site flooding, Oracle maintains that the campus remains on schedule for its 2028 operational launch. The project involves Bloom Energy Corporation deploying up to 2.45 gigawatts of fuel cells within a development expected to require up to $165 billion over its lifespan.

    Why it matters

    The broader artificial intelligence infrastructure boom relies heavily on billions of dollars in debt and future power commitments. Power scarcity and regulatory hurdles have put strain on developers attempting to build massive data centers on aggressive timelines. Oracle is utilizing alternative power methods, including trucking natural gas to maintain construction schedules while awaiting pipeline infrastructure completion.

    What is confirmed

    • Oracle Corporation issued a force majeure notice on Project Jupiter, its New Mexico artificial intelligence data center campus.
    • Project Jupiter involves Bloom Energy Corporation deploying up to 2.45 gigawatts of fuel cells.
    • Oracle is delivering natural gas by truck to maintain construction schedules while waiting for pipeline infrastructure.

    Still unconfirmed

    • Oracle aims to defer rent payments rather than exit the agreement entirely as construction loans trade lower.

    What to watch next

    • Resolution of the power supply challenges and regulatory hurdles impacting Project Jupiter.
    • Updates on construction loan valuations and debt performance for the $18 billion facility.
    Sources used for this update (12)
    1. finance.yahoo.com — Oracle's $18 Billion AI Data Center Just Dodged a Major ...
    2. finance.yahoo.com — Oracle’s Force Majeure Notice on Project Jupiter: Why Bloom ...
    3. frankrayal.com — Oracle, Force Majeure, and the Hidden Risks Behind the AI ...
    4. www.insidermonkey.com — Oracle’s Force Majeure Notice on Project Jupiter: Why Bloom ...
    5. ai-by-ai.ghost.io — Oracle invokes force majeure, Nscale opens its books, Texas ...
    6. finance.yahoo.com — Oracle uses natural gas trucks to power data centers - report
    7. www.9fin.com — Hot Stacks — The force majeure clause haunting data center ...
    8. www.zerohedge.com — From Force Majeure To Forced Haulage: Oracle Is Now Trucking Natural Gas To Its AI Data Centers | ZeroHed....
    9. finance.yahoo.com — Oracle’s ‘force majeure’ warning lands as AI power gets scarce
    10. finance.yahoo.com — Oracle trucks natural gas to AI data centers amid pipeline delays
    11. theredherringnyc.substack.com — Is Oracle's Force Majeure Notice the First Domino to Fall?
    12. www.matterfact.com — AI's Power Crunch Spreads to Engines and Compressors as ...
    confidence 95%

  7. Oracle invokes force majeure on New Mexico Project Jupiter

    Oracle has issued a force majeure notice to developer Blue Owl Capital regarding the multi-billion-dollar Project Jupiter artificial intelligence data center campus in New Mexico. The legal maneuver seeks to protect the technology corporation from escalating costs and project delays tied to power supply challenges. Oracle reportedly aims to defer rent payments rather than exit the agreement entirely as construction loans trade lower. Meanwhile, Oracle maintains publicly that the 1,400-acre campus remains on track for its scheduled 2028 operational launch despite ongoing regulatory hurdles.

    Why it matters

    The dispute centers on a massive 2.5 GW data center campus designed to host intensive artificial intelligence workloads, reflecting wider infrastructural pressures as tech companies confront severe power constraints. Regulators rejected a natural gas pipeline extension in July that was intended to supply the site, forcing Oracle to seek federal fast-tracking to meet tight deployment deadlines. The friction exposes significant financial and regulatory exposure for investors backing massive data center builds.

    What is confirmed

    • Oracle issued a force majeure notice to developer Blue Owl regarding the Project Jupiter data center in New Mexico.
    • Project Jupiter is an artificial intelligence data center campus slated for a 2028 launch.
    • Construction loans for Project Jupiter are trading near 89 to 91 cents.
    • Oracle publicly stated on X that Project Jupiter remains on its planned schedule.

    Still unconfirmed

    • The force majeure notice was triggered by permitting delays on power work.

    What to watch next

    • Decisions regarding the pending state permit for the fuel-cell microgrid and supporting gas pipeline.
    • Further developments on the status of construction loans and rent deferral negotiations for Project Jupiter.
    Sources used for this update (9)
    1. www.enr.com — Oracle Invokes Force Majeure as New Mexico Project Jupiter Power Work Faces Hurdles
    2. americanbazaaronline.com — Oracle invokes ‘force majeure’ to shield itself from data centers
    3. finance.yahoo.com — Oracle (ORCL) Invokes Force Majeure On Project Jupiter While ...
    4. www.technotime.net — Oracle Invokes Force Majeure on $18B ”Project Jupiter” AI ...
    5. www.heise.de — Massive AI data center delayed? Oracle wants deferral of rent ...
    6. www.realtytoday.com — Oracle's Force Majeure Notice on Project Jupiter Puts Rent ...
    7. www.datacenterdigest.net — Oracle Sends Force Majeure Notice to Blue Owl Over New Mexico ...
    8. capacityglobal.com — $165bn Project Jupiter: What Oracle's force majeure notice ...
    9. fieldnews.net — Oracle's Force Majeure Notice Exposes Permitting Risk on ...
    confidence 95%

  8. Oracle invokes force majeure on New Mexico data center project

    Oracle sent a force majeure notice to developer Blue Owl regarding a large data center project in New Mexico. The legal move aims to shield the technology company from potential cost increases and project obligations tied to securing necessary power supplies. Bloomberg News reported the Thursday development, which triggered a decline in Oracle stock amid investor concerns over the controversial site. The dispute highlights growing infrastructural pressures as massive data center builds confront power constraints and financial exposure.

    Why it matters

    Large technology companies face rising friction as high-power data center demands collide with local utility limitations. Oracle's attempt to invoke force majeure points to severe hurdles in securing reliable electricity for massive artificial intelligence and cloud computing infrastructure. Financial markets reacted swiftly to the potential liability.

    What is confirmed

    • Oracle sent a force majeure notice to developer Blue Owl regarding a large data center project in New Mexico.
    • The notice aims to protect Oracle from potential cost increases and obligations tied to securing power.
    • Oracle shares declined following reports of the force majeure notice.

    What to watch next

    • Developer Blue Owl response to the force majeure notice
    • Resolution of power supply hurdles for the New Mexico site
    • Further stock price movements related to the data center dispute
    Sources used for this update (3)
    1. economictimes.indiatimes.com — Oracle cites 'force majeure' to shield itself on controversial data centre: Bloomberg News
    2. www.thestandard.com.hk — Oracle cites force majeure to shield itself on data center, Bloomberg News reports - The Standard
    3. finance.yahoo.com — Oracle stock drops as the company moves to shield itself from controversial data center costs
    confidence 100%

  9. Oracle cites force majeure on New Mexico data center project

    Oracle has issued a force majeure notice regarding a large data center project in New Mexico, citing potential delays in securing power. The move aims to shield the company from obligations and potential cost increases. Oracle shares declined following the report, indicating investor concern over the project's setbacks.

    Why it matters

    The data center project, known as Project Jupiter, is a significant infrastructure expansion for Oracle. The company is seeking to delay payments if the data center fails to come online in 2028. The project has faced opposition and regulatory setbacks, contributing to Oracle's decision to invoke the force majeure clause.

    What is confirmed

    • Oracle issued a force majeure notice to a Blue Owl unit, the developer of a large New Mexico data center.
    • The notice cites potential delays in securing power for the project.
    • Oracle shares declined following the report, with a 3.3% drop.
    • The company is seeking to delay payment on Project Jupiter if the data center fails to come online in 2028.

    Still unconfirmed

    • The specific cause of the force majeure event remains unspecified.

    What to watch next

    • Oracle's official statement on the force majeure notice
    • Updates on the project's timeline and power supply
    • Investor reactions and Oracle's stock performance
    Sources used for this update (9)
    1. contents.premium.naver.com — 📬 미국 주식 데일리 종목 분석 (2026.09.25)
    2. www.thestar.com.my — Oracle cites ‘force majeure’ to shield itself on controversial data center, Bloomberg News reports
    3. www.marketscreener.com — Oracle cites 'force majeure' to shield itself on controversial data center, Bloomberg News reports
    4. www.cnbc.com — Oracle shares drop on report it sent 'force majeure' notice about data center project
    5. www.channelnewsasia.com — Oracle cites 'force majeure' to shield itself on data center, Bloomberg News reports
    6. news.bloomberglaw.com — Oracle Cites Force Majeure to Shield Itself on Data Center (2) - Bloomberg Law News
    7. www.ibtimes.com — Oracle Reportedly Cited 'Force Majeure' To Delay Payments For a Data Center. Its Stocks If Falling. | IBT....
    8. economictimes.indiatimes.com — OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries c....
    9. www.aol.com — Oracle cites ‘force majeure’ to shield itself on data center, Bloomberg News reports - AOL
    confidence 85%

  10. Oracle invokes force majeure on controversial data center project

    Oracle has issued a force majeure notice regarding a controversial data center project, according to Bloomberg News. The company is using the legal clause to shield itself from obligations tied to the development. Following the report, Oracle shares declined as investors reacted to the potential setback for the company's infrastructure expansion. The move indicates significant difficulties in completing the facility, though the specific cause of the force majeure event remains unspecified in the reports.

    Why it matters

    Data centers are critical for scaling AI computing resources. A failure or delay in these projects can impact a company's ability to meet cloud demand and investor expectations for AI growth.

    What is confirmed

    • Oracle cited force majeure to shield itself regarding a controversial data center.
    • Oracle shares dropped following reports of the force majeure notice.

    Still unconfirmed

    • The project affected is Project Jupiter in New Mexico.

    What to watch next

    • Oracle's official confirmation of the specific project and cause of delay
    • Legal challenges from partners or contractors regarding the force majeure claim
    Sources used for this update (9)
    1. Bloomberg — Oracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center
    2. CNBC — Oracle shares drop on report it sent 'force majeure' notice about data center project
    3. Reuters — Oracle cites ‘force majeure’ to shield itself on data center, Bloomberg News reports
    4. MarketWatch — Oracle’s stock is falling as investors fear a data-center setback
    5. Financial Times — Oracle feels the force
    6. finance.yahoo.com — Market Chatter: Blue Owl's Stack Infrastructure to Delay Project Jupiter by a Year
    7. note.com — 7 AI News Highlights of the Day | September 26, 2026 |
    8. moneymorning.com — Oracle Just Hit the Force Majeure Button on a Giant AI Data Center
    9. www.communicationstoday.co.in — Oracle cites ‘force majeure’ to shield itself on controversial data center
    confidence 90%
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