Oracle seeks protection against Stargate delays

Oracle sent a force majeure notice to a Blue Owl Capital unit developing Project Jupiter, a New Mexico data centre tied to the Stargate AI programme. The move could let Oracle defer payments if the campus misses its 2028 opening, though it remains the site's main tenant.

• The force majeure notice covers the Project Jupiter data centre in New Mexico
• Oracle could defer rent for three years if delays occur
• The 2.45GW campus would use as much power as 1.8 million homes
• SemiAnalysis now expects power to reach the campus in 2029