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US Stocks Slide as Tech Weighs, Oracle Force Majeure Hits AI Sentiment
Valor Econômico·US·1 day ago
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.
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