According to media reports, Oracle has invoked force majeure clauses for its "Project Jupiter" large-scale AI data center in New Mexico due to strong local opposition and regulatory obstruction. Oracle is actively taking measures to avoid accumulating financial risks for the project.
The ambitious "Project Jupiter" involves project financing and special purpose vehicle (SPV) structure risks amounting to up to $18 billion, connecting several of today's top financial giants. This once again confirms the view that the AI supercycle now depends on the ever-accelerating pace of debt issuance and the continuously expanding scale of debt.
