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

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.