Honestly, data centers in the ocean make so much more sense than data centers in space it's kind of silly, but Mr Moneybags owns a rocket company he's trying to pump and dump, not a submarine company, so here we are.
I would suggest data centres near the arctic - it's close to most of the Northern hemisphere's users, presents an easy option for cooling (the place is a heat sink), and, with collapsing glaciers, there will be abundant hydro power to be used. It has the killer feature of allowing a human to walk up to a rack and replace a component.
The replacability is nice, but even in terrestrial data centers there are situations where something fails and it never gets replaced, just routed around, until the pod gets ripped out and replaced in its entirety.