I've been hearing this line for over a decade, now. "Immersion cooling will make data centers scale!" "Converting to DC at the perimeter increases density!"

Yes, of course both of those things are true, and yes, some data centers do engage in those processes for their unique advantages. The issue is that aside from specialty kit designed for that use (like the AWS Outposts with their DC conversion), the rank-and-file kit is still predominantly AC-driven, and that doesn't seem to be changing just yet.

While I'd love to see more DC-flavored kit accessible to the mainstream, it's a chicken-and-egg problem that neither the power vendors (APC, Eaton, etc) or the kit makers (Dell, Cisco, HP, Supermicro, etc) seem to want to take the plunge on first. Until then, this remains a niche-feature for niche-users deal, I wager.