Most of the conversation around AI infrastructure is about capacity: more gigawatts, more campuses, more compute for the companies training frontier models. That makes sense on an investor slide. It is less helpful when a single site in New Mexico depends on a gas pipeline that has not yet been built.

Oracle has sent a force majeure notice to the developer behind Project Jupiter, a data centre campus in New Mexico that forms part of the Stargate initiative. Bloomberg first reported the move on Thursday. The notice does not mean Oracle is walking away. It does show how much of the AI build-out now rests on permits, pipelines and power supplies that no tech company fully controls.

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