Oracle issued a force majeure notice on New Mexico’s Project Jupiter data center, impacting ORCL, Blue Owl and Bloom Energy shares—read the latest ...

A leaked document covering 546 employees in Oracle's cloud infrastructure division shows software developers made up about 17% of the cuts ...

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Oracle sent a "force majeure" notice to the developer of its data center project in New Mexico. The company is looking to delay payment if the project doesn't come online in 2028, according to ...

Oracle's Project Jupiter is just one casualty in a growing wave of blocked and delayed data center construction that threatens to destabilize the entire AI infrastructure boom, and the warning signs ...

The company is supposed to be the primary tenant for a massive data center in New Mexico currently under construction. Oracle sent a force majeure notice to Blue Owl Capital, the company that owns the ...

Bloomberg reported on Sept. 24 that Oracle ORCL sent Stack Infrastructure, a Blue Owl subsidiary, a force majeure notice to protect itself from payment obligations if the Project Jupiter data center ...

One of the hyperscalers funding the AI boom wants the flexibility to delay payments on a $165 billion data center buildout. Oracle stock fell more than 3 percent after delivering a force majeure ...

Shares of Oracle dropped more than 3% on Thursday after a report flagged challenges related to a data-center project in New Mexico. A story from Bloomberg News on Thursday morning said that Oracle ...

As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall ...

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...