Are there any EU cloud providers?

Yes, Atlassian Isolated Cloud is GDPR-compliant, building on Atlassian's established GDPR framework for its cloud offerings. It enhances compliance through single-tenant isolation and customer-selected regions in the EU or elsewhere, minimizing data transfer risks. 

A European sovereign cloud is a cloud-computing environment that keeps all customer data, metadata, workloads and administrative control under exclusive European Union (EU) jurisdiction, operated by EU-based staff and certified against EU rules, so that organisations can comply with the bloc’s demanding privacy, cybersecurity and industrial-policy requirements while still enjoying hyperscale cloud services. 

The idea is driven by Europe’s wider push for digital sovereignty—reducing reliance on non-EU tech infrastructure— and is being realised through a mix of EU policy instruments (GDPR, the proposed Cloud & AI Development Act, the EU-wide “EUCS” security label) and large public-private projects.

Due to conflicting legislatures, there is a serious doubt among legal experts whether a US based parent company can truly provide an EU sovereign cloud, as they so strongly claim, through their directly controlled subsidiaries in the EU.