Oracle’s MASSIVE Project Jupiter Ai data center is in trouble…
Oracle sent a “force majeure” notice to the developer…which means if problems beyond Oracle’s control delay the project…Oracle wants to delay payments too.
The project has faced power supply problems, permit hurdles, and local protests.
Why does this matter?
Well, a delay could slow a major source of future computing power for Oracle and OpenAi…
AND…if delays like this become more common, then financing for these gigantic Data Centers will get harder…
Which will cause more delays, and ultimately a scaling back of these ambitious plans.
Unless of course the government comes and bails them out…