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Posted on or before Sep 14, 2026
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Oracle has invoked force majeure on Project Jupiter, a major New Mexico data center tied to the Stargate AI buildout.
The move seeks to protect Oracle from payments if regulatory and infrastructure setbacks delay the 2.45GW facility beyond 2028.
The project is backed by an $18 billion loan, while related debt is already trading below 90 cents on the dollar.
https://x.com/DeItaone/status/2103100711596687626(https://xoxohth.com/thread.php?thread_id=5904004&forum_id=2#50152639)