Energy utilization in data centers, especially cooling systems for server racks, needs extensive improvement. The present authors proposed advanced cooling network systems for data centers, and R & D activities have been conducted under the so-called Green IT Project sponsored by NEDO (New Energy and Industrial Technology Development Organization). In the present concept, CPUs in servers are cooled down by either direct liquid cooling system or heat pipes with liquid cooling systems in the condensation region. The liquid cooling systems are integrated in each server rack and among server racks. A series of studies on both single phase and two phase narrow channel heat exchangers, high performance heat pipes with self-rewetting fluids and nanofluids for heat transfer enhancement are ongoing. In addition, a prototype server rack with the cooling network systems is also under development toward commercial products. This paper reports the updated status of the present R & D.