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OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?

By Info60 India Desk•Summary of reporting by The Economic Times•6d ago•0 views•

Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project. The development triggered financing concerns across AI infrastructure, sending OFSS stock to a nine-week low of Rs 10,332 on the NSE.

The shares of Oracle Financial Services Software (OFSS) tumbled more than 5% on Friday after its US-based parent Oracle sent a 'force majeure' notice to developer Blue Owl to protect itself from potential delays at a massive data centre project in Ne... [5619 chars]

OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?

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