As the demand for data centers increases, driven by the growth of artificial intelligence (AI), so does the challenge of efficiently cooling these energy-intensive facilities. Data centers are projected to see a growth rate of 12-14% over the next few years, consuming around 4.5% of global electricity, with cooling systems accounting for approximately 38% of their energy consumption. Researchers, including Chanwoo Park from the University of Missouri, are developing innovative cooling solutions, such as a two-phase cooling system that reduces energy use significantly compared to traditional methods. The integration of CFOs in decision-making processes is becoming crucial as companies evaluate the costs associated with cooling systems and the benefits of sustainable alternatives. Moreover, advancements in technologies like free cooling and waste heat recovery are essential to mitigate the rising energy demands. A collaborative approach among IT, facilities, and executive leadership is necessary to navigate these challenges effectively.