It's a different composition, this seems to be a derivative of some 'CloudCore' product used internally with Azure, with layered compositions affectionately named 'run levels' (the full GUI boot also known as ClientCore is apparently '3', but '2' would be a console-only boot like Nano Server).
There's an interesting 'hello and enjoy' text file left in here describing this run level:
HELLO!
The OS is booted to RunLevel 3 (CLIENTCORE).
Services are STARTED at this run level.
All OneCore compliant apps can run.
GUI apps (that depend on user32 and gdi only) can run.
Run 'memstat' to see memory usage.
Run 'tlist -s' to see running processes and services.
'njoy.