Water use isn't a myth.
Our data center is mostly air-cooled, with 100F hot aisles and chilled water going to heat exchangers in every third rack position, although some of our newer GPU racks use chilled water directly. For most of the year that means we don't need chillers - the warm water return is sufficiently hotter than outdoor temp that heat "flows downhill" with a bit of pumping.
But we use an evaporative cooler to carry that heat away outside, because it's more efficient. If you look up the heat of vaporization of water, that means we evaporate about 10,000 gallons of water per day per megawatt of power dissipated. We're on canal off a large river, and we don't dissipate all that many megawatts, so I believe the water use isn't significant.
Using air as the working fluid to draw heat from your machines has a limitation - humans have to breathe that air whenever they work on the equipment, so the temperature is limited. Once the exterior temperature nears your hot aisle air temp, you either need active A/C to create a heat source hotter than ambient, or an evaporative cooler to lower the "effective" ambient temp to the dew point.
Liquid cooling lets you run your working fluid a lot hotter without killing folks like me who go into the data center, although honestly 45C sounds like an incremental improvement over the 100F places like ours are already running. (although to be fair, the warm water return from the heat exchangers is no doubt somewhat less than 100F) It also lets you run your "cold" side a lot hotter - if you "chill" your water down to 100F (38C) on a hot day, it's still cold enough to carry away a lot of heat at 45C.
(I'm skipping over the fact that there are multiple heat exchanger loops involved - e.g. any system with an evaporative cooler needs a heat exchanger to keep leaves and bird shit outside the building where it belongs)