Azures physical servers actually use a similar technology apparently. They both have some kind of proprietary HSM module that stores keys on the device and is resistant to tampering. I've read that Azure servers actually break this protection when removed from the rack so the server is made entirely useless if it's removed.

This is not just Azure (although the proprietary bit is true, that's basically souped-up Pluton), but basically most high-end HSMs deployments, including at major could providers (Google Titanium, AWS CloudHSM). There is even a built-in battery to ensure this happens (https://docs-cybersec.thalesgroup.com/bundle/v2.21-cdsp-cm/p... https://nshielddocs.entrust.com/security-world-docs/hsm-user...).

I have even heard of a major cloud service mandating absurd earthquake-proofing (to prevent any movements inside the datacenter and triggering an HSM reset) but I cannot find any verification regarding this (maybe this is ultimately an urban legend).