I don't know about that. Look at where the power goes in a typical data center, for a 10MW DC you might spend 2MW just to blow air around. A radiating cooler in space would almost eliminate that. The problem is the initial investment is probably impractical.

>99.999% of the power put into compute turns into heat, so you're going to need to reject 8 MW of power into space with pure radiation. The ISS EATCS radiators reject 0.07 MW of power in 85 sq. m, so you're talking about 9700 sq. m of radiators, or bigger than a football field/pitch.

Now scale the radiator size for your 8MW datacenter.