INTRODUCING AWS LAMBDA MANAGED INSTANCES: SERVERLESS SIMPLICITY WITH EC2 FLEXIBILITY

Summary from the TLDR Dev newsletter

AWS Lambda Managed Instances is a new capability that can run AWS Lambda functions on Amazon Elastic Compute Cloud compute while maintaining serverless operational simplicity. It allows developers to access specialized compute options and optimize costs for steady-state workloads using a familiar serverless development experience. Lambda Managed Instances can be used to define how Lambda functions run on EC2 instances. Developers can just select compute profiles optimized for specific workload requirements without taking on the operational burden of managing Amazon EC2 infrastructure.