Inside DataBank’s Third Wave: Kevin Ooley on Water, Power and What Happens After the A.I. Gold Rush

The Observer The Observer

As DataBank's Kevin Ooley prepares to take over as CEO on January 1, he's inherited a business that's grown from $25 million in EBITDA to a $1 billion run rate in under a decade—and a public increasingly suspicious of what that growth costs.

In a wide-ranging conversation, Ooley pushes back on water-use assumptions, walks through why the company capped its exposure to A.I. neocloud tenants in 2023, and admits he wishes he'd built bigger five years ago.

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