Oracle Postpones Payments on New Mexico AI Data Center Amid Backlash

Oracle has issued a force majeure notice to delay payments for its Project Jupiter AI data center in New Mexico, citing mounting public backlash and regulatory hurdles. The company maintains that the project remains on schedule, but construction setbacks could threaten the planned 2028 operational launch. The delay has heightened concerns among institutional debt holders, who are alarmed by the energy‑intensive demands of the facility and the potential impact on Oracle’s financial stability. The notice underscores the growing scrutiny of large tech infrastructure projects and their broader economic implications.