Oracle on the hook to pay data centre investors even if site has no electricity

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AI Fusion Summary

Oracle remains obligated to make payments to data centre investors for Project Jupiter, despite the New Mexico site lacking electricity. The tech group is held responsible for these financial commitments even after issuing a force majeure notice. This situation underscores the inherent risks associated with large-scale tech investments and demonstrates the legal limits of force majeure clauses when power issues disrupt infrastructure development, ensuring that investors are paid regardless of the current operational status.
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