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Oracle to fund New Mexico data center
Oracle announced that it will continue to cover the costs of the data center in New Mexico, despite delays in licensing and local opposition. This is to ensure the project's continuity, which spans 1,400 acres, with commercial operation expected in the first half of 2027. This comes amid circumstances that could lead the company to pay financial amounts instead of rent for up to three years if the infrastructure, especially the electrical connection lines, cannot be completed.
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