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Data center construction stories

Sep 24, 2026

Oracle sends force majeure notice on New Mexico Stargate data center

Oracle issued a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, seeking to protect itself from potential cost increases. The company's stock fell 4% following the news.

Sep 24, 2026·4 sources
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Aug 11, 2026

Alibaba Cloud unveils modular data center design that cuts AI infrastructure build time to 100 days

Alibaba Cloud has introduced CUBE 5.0, a modular data center architecture that reduces construction time for large-scale AI infrastructure from several months to 100 days while cutting costs by 10 percent. The announcement reflects intensifying competition among tech giants in AI infrastructure beyond just models and chips.

Aug 11, 2026·4 sources
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Top claims

  • ▪Concerns have risen over Oracle's $18 billion in debt tied to the data center project known as Project Jupiter, which is reportedly trading at stressed levels
  • ▪Oracle secured $18 billion in loans from multiple banks for Project Jupiter, a New Mexico data center project, in 2025
  • ▪Oracle co-CEO Clay Magouyrk stated on a September 10, 2026 earnings call that Project Jupiter, a New Mexico data center project, would not affect Oracle's previously stated fiscal year 2027 revenue or earnings guidance

Subtopics

Compute, chips & AI infrastructure2AI Data Center Gold Rush1AI startups1Cloud Computing1Stargate1

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