Oracle Plays It Cool Over $165 Billion Data Centre While Terrified Investors Panic

<b>Oracle</b> is shrugging off growing panic over its massive <b>$165 billion Project Jupiter</b> AI data centre in New Mexico, even as anxious investors and lenders hit the alarm button. While Oracle cloud chief Mahesh Thiagarajan nonchalantly labels it just one of dozens of routine quarterly projects, the ground reality is messy. The site for OpenAI is currently tangled in pending power approvals, hit with a force majeure notice to Blue Owl, and burdened by a stressed <b>$18 billion loan</b>. Corporate bravado cannot mask the harsh reality that massive tech bets are now stumbling over power bottlenecks and heavy financial debt.