Oracle Cites Force Majeure on New Mexico Data

Economic Times - Tech · technology

Oracle has reportedly sent a "force majeure" notice to developer Blue Owl regarding its Project Jupiter data center in New Mexico. This move aims to shield Oracle from potential cost increases and delays if the project, slated for a 2028 launch, faces unforeseen disruptions. Force majeure clauses typically allow companies to be freed from contractual obligations due to circumstances beyond their control.