Oracle sends a force majeure notice on its Project Jupiter data center in New Mexico and says the schedule is unchanged

Oracle sent developer Blue Owl a force majeure notice on the 2.45 GW Project Jupiter campus, a Stargate site. The clause would let Oracle delay payments if the site misses its 2028 launch target. The gas pipeline meant to fuel the site's fuel cells has been pushed to February 2027 after permit rejections. Oracle says the project remains on its planned schedule, and Blue Owl says its financial commitments are unchanged. Oracle shares fell about 3%.

It's the clearest sign yet of delivery and power risk at a Stargate site that OpenAI's capacity plans depend on. It also puts the terms of AI data-center financing to a live test.

Whether the 2028 date actually slips is unresolved. Oracle says no delay is expected, while the notice itself keeps the option to delay payments open. Reuters' sources describe knock-on effects for AI financing; we haven't reviewed that article in full.