- CoreWeave and Microsoft are partnering on the Stargate platform to develop 4.5 GW of data center capacity, with the initial site located in Abilene, Texas.
- White House unveils Stargate AI initiative, backed by Microsoft, with OpenAI leasing Oracle capacity and partnering with Cisco for the Abilene facility.
- OpenAI, Microsoft, and others discussed AI importance and Stargate infrastructure investment with U.S. President Donald Trump.
Oracle Invokes Force Majeure on Stargate AI Project Amid Delays and Opposition
- Reports
- 11
- Developments
- 2
- Repetition
- 91%
New informationRepeats or wire copies
What happened
Oracle is facing issues with a massive artificial intelligence data center project, internally called Project Jupiter, located in southern New Mexico. The enterprise technology giant has sent a formal notice citing force majeure to the project’s developer, Blue Owl Capital. This project, which is part of the Stargate AI venture, is reportedly facing public opposition and regulatory hurdles. Following the development, Oracle’s shares dropped 4%, leading to questions about the company’s financial exposure.
From indiatimes.com
Why it matters
The invocation of force majeure concerns the loan tied to the Stargate AI project, which spans multiple states. Oracle is seeking to defer contractual payments if the facility misses its planned 2028 operational target. The company stated it remains committed to the project and its path forward.
The Stargate AI initiative was unveiled by Donald Trump, involving OpenAI and Oracle in a partnership to build AI infrastructure.
From indiatimes.com
Who's involved
- OracleOracle is the enterprise technology giant facing the issues with the data center project.
- OpenAIOpenAI is partnered with Oracle in the critical Stargate joint venture.
- Donald TrumpDonald Trump is involved in the larger initiative that unveiled the Stargate AI project.
- OWLBlue Owl Capital is the developer of the data center project whose loan was affected.
- Oracle CorporationOracle Corporation is the corporate entity of the company involved in the project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OWLSpeculative
Blue Owl Capital could face operational failure regarding the flagship AI data center project.
How it developed
Newest first. Tap a step to see who reported it.- Oracle invoked force majeure on Blue Owl's loan tied to the Stargate AI project, which spans Texas, New Mexico, and Ohio.Sub-event
Trump launched a Stargate AI venture with OpenAI and Oracle, locating the data center in New Mexico.1 source
Keep exploring
The entities involved
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Oracle
company in Madrid, Spain
Related events
- Bloomberg reported on Oracle's force majeure notice regarding the AI data center project in New Mexico, involving OpenAI and the distress of Project Jupiter.
- A massive data center project in New Mexico, backed by Blue Owl Capital, is utilizing Bloom Energy fuel cells for power and plans to sell computing capacity to OpenAI via Oracle.
- Oracle plans AI data center in New Mexico.
- Nvidia will supply chips for OpenAI, which also announced a Stargate partnership with Oracle and plans a data center in Ohio.
- Donald Trump invested in Southern Company stock in July, which holds a 25-year deal with OpenAI, all while facing FED rate hike impacts.