Oracle Invokes Force Majeure in Aim to Protect Itself From Data Center Cost Overruns

The Information | 24-09-2026 04:00pm |

Oracle has invoked a force majeure clause in a contract with a developer for a New Mexico data center that it plans to lease to OpenAI. The company sent a notice asserting its right to withhold payments if project delays continue, according to Bloomberg. The developer is owned by a firm that remains unnamed in the report. The move is aimed at protecting Oracle from cost overruns associated with the data center.

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