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5.3

Oracle liable for data centre payments despite force majeure on New Mexico site

Oracle remains contractually obligated to pay investors in 'Project Jupiter' even after issuing a force majeure notice due to lack of electricity at its New Mexico data centre site. The clause shifts power-supply risk to Oracle, highlighting growing contractual strain in AI infrastructure buildout. This signals potential financial exposure for hyperscalers amid grid constraints.

Financial Timesabout 16 hours agoUS, MXengCredibility 45%View source

Score Breakdown

Mosaic Score5.3
Confidence0.7
Significance0.5
Source credibility0.5

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New Mexico

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