Oracle force majeure notice rattles AI data center financing market

- Oracle issued a force majeure notice regarding an AI data center project in New Mexico, which allows a party to skip contractual obligations due to unforeseeable events.
- Legal advisers report that these clauses are becoming more common as developers struggle to build capacity at an unprecedented scale.
- The move has caused financiers to question how risk is allocated in infrastructure projects, potentially tightening the economics of AI data center funding.
- Wall Street is increasing its scrutiny of the political and financial risks associated with U.S. AI infrastructure.
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