the cloud products don't use cpanel, no DreamHost product uses cPanel. DreamCompute provides general purpose virtual machines, network and storage with standard REST API. If all you need is a managed hosting for web services, you may want to look at DreamHost VPS. I believe our Tech Support will help you migrate your hosted content from somewhere else (it depends on what you're hosting though :))
DreamCompute will soon have two availability zones, in North East USA. Expansion is planned during 2016 to North West USA and more geographic locations soon. Hope this helps.