Cloud Act: The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) is a U.S. federal law passed in 2018 that allows U.S. law enforcement to compel U.S.-based tech and cloud companies to hand over customer data, even if that data is stored on servers located outside the United States
There are several regulated industries that need to have their computing done in the EU without ties to US companies. Sovereignty is currently a big political topic.
Them putting services in EU (even as subsidiaries) is just a marketing strategy where they are straight up lying to customers so they can get more money.
Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.
I love a good underdog story, but I'm not understanding the economics of it.
See https://en.wikipedia.org/wiki/CLOUD_Act
Hopefully it's for buying VSORA or Euclyd machines, but well...
The Euclyd machines, probably many months away.