Scaleway and OVH? Although I’m not sure how they compare at scale to AWS / Azure / GCP.
i am not advocating for a pure "open source will save the world" there are just a few points i'd like you to consider, and hopefully give me insights i can learn from
* other than code, open source has also given us governance "experiments" capable of running critical systems. As another poster was mentioning, the risk is to fallback on "big corps", usually run by "big man", and we are back to zero. The hope? expectations? is that the open source governance ecosystem has tackled this space in enough dimensions to be able to build something over this. I am looking specifically at the area around licenses (mariadb, redis, ...) and just overall governance frameworks, as in "deteach business ownership from ethical frameworks"
* in order to build anything this big/reliable, without megacorp budgets, you can just ... pay FLOSS? They are one of the 2 majorly screwed groups by the current SV setup (with PLENTY of cavaets,amongst them that SV is a huge open soure contributor) The other one being content creators. Slogan? "For this to succeed, you need the best coders and the best marketing departments in the world" Looks to me like incentives are aligned towards them being available. Talking broadly on a systemic level: details need refinement, and space beyond this single message.
* EU (the political instituion) desperately needs this. An innovative tech ecosystem (not startup, not product) driven by "european values" that puts them on the spot. Start with redefining it: there are no users, but citizens. Something effectively out-innovating SV, not just trying to get on par. The risk of "being bought out/copied" doesn't really apply, since (as I said in my original comment) the discriminator is existential: US companies cannot be trusted because they built the existing system. Any attempt to block this (stop users from getting their data back) is going to be challenged by the EU (GDPR violations cannot be brought to court by citizens, only by nation's data authorities, which means a citizen gets big guns and doesn't ned to pay). Also, go on and explain that to all you other (US and not) users.
* A EU cloud provider doesn't have to provide the same services an US provides. That would hardly be innovative. You also don't need to focus on corporations. Provide data storage for citizens, that will be the basis to build a privacy focus cloud, and then business might want that. There is a possible continuation into "advantages of storage&privacy based vs compute", that i skip.
But essentially, to me it seems that an open source, true, "give me back my data" business driven initiative has never been as actionable as now. I short, such a project can make 2 bold statements "We are more innovative than SV" "We have better freedoms than the US"