Data centers are hot, in more ways than one. Not only are enterprises and hyperscalers building or expanding their facilities to accommodate increasing interest in artificial intelligence, but that same AI is gobbling power, and thus creating heat — a lot of it. And that means cooling costs are also growing.
In fact, according to the International Energy Agency, by 2026 the AI industry is expected to have grown exponentially to consume at least ten times its electricity demand in 2023.
