Indeed, there's no reason for a company to host this kind of batch compute in North America. You can get very good people in Eastern Europe at 1/3 the cost.
I like how this simple claim about being cheaper to self-host a single server has now escalated to opening an office in Eastern Europe and hiring people there to manage it.
The trend of opening offices in Europe started one year into Covid. I'm sure that there are companies that haven't opened an office there yet, but fewer than one might imagine.
