PINELLAS PARK, Fla. — A new data center may be coming to Pinellas Park. Developer American Tower has submitted a proposal to build a data processing facility on the northwestern edge of Pinellas Park.
Oracle's Project Jupiter is just one casualty in a growing wave of blocked and delayed data center construction that threatens to destabilize the entire AI infrastructure boom, and the warning signs ...
One of the hyperscalers funding the AI boom wants the flexibility to delay payments on a $165 billion data center buildout. Oracle stock fell more than 3 percent after delivering a force majeure ...
Bloomberg reported on Sept. 24 that Oracle ORCL sent Stack Infrastructure, a Blue Owl subsidiary, a force majeure notice to protect itself from payment obligations if the Project Jupiter data center ...
Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...
Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.
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Shares of Oracle dropped more than 3% on Thursday after a report flagged challenges related to a data-center project in New Mexico. A story from Bloomberg News on Thursday morning said that Oracle ...
Oracle sent a "force majeure" notice to the developer of its data center project in New Mexico. The company is looking to delay payment if the project doesn't come online in 2028, according to ...
Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...
A leaked document covering 546 employees in Oracle's cloud infrastructure division shows software developers made up about 17% of the cuts ...
Class members involved in Oracle’s massive data privacy settlement now know how much they’re getting paid. Stemming from a class action lawsuit filed in U.S. District Court for the Northern District ...