Oracle issues a force majeure notice to the developer of its large New Mexico AI data center project, known as “Project Jupiter,” seeking relief tied to construction and timing issues. Bloomberg reports the notice goes to the project’s developer, a unit of Blue Owl Capital Inc.
Across outlets, the notice is described as a response to delays affecting the project’s ability to proceed on its planned schedule. Oracle reportedly tells the developer that the project remains on track, but that the delays could affect when the facility becomes operational, which one report cites as targeting 2028. The Times of India also links the situation to mounting backlash and regulatory hurdles, and notes concerns raised by institutional debt holders about financial strain tied to the project’s large energy requirements.
Bloomberg’s coverage emphasizes the force majeure action itself, while other reporting adds potential drivers—public and regulatory friction as well as cost and financing pressure—without presenting a single confirmed reason for the notice across all accounts.