Companies developing artificial intelligence now demand at least $5 million for each day a data center opens late. Builders and investors with ownership stakes in the builders bear the cost. The Information reported that one tenant sought $1 million per day this spring.
Electricity supply is essential for data centers to use installed chips. Network World reported that energy research firm Currence identified power as the leading obstacle to new data centers in July.
SB Energy, which has SoftBank's backing, is building a 10-gigawatt campus in Ohio for OpenAI. The Wall Street Journal reported, citing SB Energy's IPO filing, that OpenAI receives one day without base rent for every day the opening is delayed. The Journal reported that the concession increases to two days after 90 days of delay. A year-long delay would result in 640 days without rent. However, the campus depends on a 9.2-gigawatt gas plant that SB Energy will neither own nor operate.
SB Energy postponed a planned $5 billion IPO in September after prospective buyers resisted a $50 billion valuation. SB Energy has no operating data centers. SB Energy recorded $139 million in revenue during the first half. SB Energy may now list in December or next year. CoreWeave shares dropped about 16% in November 2025 after CoreWeave attributed a weak forecast to a developer's delay.
Oracle issued a force majeure notice concerning Oracle's New Mexico campus, invoking events beyond Oracle's control. The notice allows Oracle to postpone payments if the campus misses the planned 2028 start. Oracle says the project remains on schedule. Blue Owl Capital, Oracle's landlord, downplayed the notice and said the notice leaves the financial commitments for the multiyear project unchanged. New Mexico regulators will decide on the campus air permit by November 23.
Broadcom chief Hock Tan says some AI investors behave as though the investors are gambling in a casino. BlackRock CEO Larry Fink warns that stopping data center construction would cause a US recession. Electricity supply now determines construction deadlines, while builders bear the penalties for delays.
AI Data Center Delays Cost Millions Daily as Power Supply Becomes Major Bottleneck
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Summary
AI + crypto news shows data center delays now cost $5 million daily, with power supply as the main issue. Currence reports electricity is the top hurdle for new facilities. SB Energy’s 10-gigawatt Ohio campus for OpenAI faces rising rent concessions. Oracle cited force majeure for its New Mexico site. Larry Fink warned stalled projects could trigger a US recession. Inflation data remains a key concern for investors tracking the sector.
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