Oracle Cites ‘Force Majeure’ to Seek Cover From Data Center Delays
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Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Sridhar Natarajan reports on "Bloomberg Open Interest." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/
Tags: AI, Blue Owl, Blue Owl Capital, Dani Burger, Data centers, Michael Ball, New Mexico, Oracle, Oracle Corp., Sridhar Natarajan, ai data centers, artificial intelligence, chips, data center, force majeure, memory, memory chips, semiconductors
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