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Oracle Cites ‘Force Majeure’ to Seek Cover From Data Center Delays
Source: Bloomberg
Artificial IntelligenceTechnology & InnovationInfrastructure & DefenseLegal & Litigation
Oracle issued a force majeure notice to the Blue Owl Capital unit developing a massive New Mexico data center, creating uncertainty over the project's execution and timing. The report does not disclose financial exposure, the event triggering force majeure, or the expected scale of any delay, but it could pose a near-term risk to Oracle's data-center capacity expansion.
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