We need more like this. Europe is totally dependent on US companies for cloud computing.

Until now nobody thought it was a problem. At least not a big one. The EU made some moves to define a "cloud computing" platform for Europe, and very little people paid attention because business-wise it was very difficult to compete with US corporations that have vast amounts of money in cash and find easy to get funding.

But now there are some (small) alternatives.

LIDL has its own cloud for retail.

And I believe T-Systems sells some cloud computing for goverments based on OpenStack...

Small steps, but steps.

I don't think a cloud provider that is _just_ a cloud provider exists. All of the cloud providers I can think of (AWS, GCP, Azure, Oracle Cloud, IBM Cloud, Baidu, etc) are subsidiaries of larger corporations whose profit centers are elsewhere.

The capital requirements needed to spin up a public cloud and the services that come with that are absolutely massive. It makes me think that cloud computing, despite the gigantic profits it brings in, is not sustainable on its own.

As a dual US/EU national who would love to move to Europe, I, for one, welcome the increase in tech demand on that side of the pond.