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The cheapest on-demand VM with at least 12 vCPUs and 256 GB is Standard_F32ams_v6 on Azure at $262.07, 2.0× this server.
US dollars before VAT. Euro prices convert at the European Central Bank’s daily rate. Similar servers have between three quarters and one and a half times the cores and at least the memory.
No similar server from another provider right now.