Exclusive: Oracle Data Centers Face Multibillion-Dollar Cost Surprises

Building an AI supercampus increasingly means paying more than you bargained for.

Oracle’s attempt to salvage a proposed $165 billion project on the rocks in New Mexico is a recent example. 

The cloud provider earlier this year was planning to spend billions of dollars to build its own natural-gas plants to power Project Jupiter, a 1,400-acre, two-plus gigawatt AI data center for OpenAI near the Texas border town of El Paso.

But a state environmental permit application stalled over air pollution and greenhouse-gas concerns.