Serverless is not actually serverless. It means that users only need to manage code/application and not servers. The server will be managed by the service provider. We as a user only pay when our code or function is executed in the serverless or in the server that is not managed by us. Scaling is based on the request and pricing differs based on the service provider. AWS Lambda and Azure Functions are two examples of serverless computing or Function as a Service (FaaS). AWS provides a pay-as-you-go billing model, while Microsoft Azure provides a consumption plan as well as an App Service plan for Azure Functions. We will cover this in detail in a comparison table later in the chapter.