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Oracle says it isn’t worried about $165 billion Project Jupiter, but investors are

Oracle says it is not too worried about Project Jupiter, its $165 billion AI data centre in New Mexico, even as investors and lenders grow anxious. Oracle cloud chief Mahesh Thiagarajan called it one of 30 to 40 projects in development each quarter. The Stargate site for OpenAI faces pending power approvals, a force majeure notice to Blue Owl and a stressed $18 billion loan.

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