This document discusses serverless computing using AWS Lambda. It provides an overview of Lambda's features like zero administration, auto-scaling, and pay per use model. It also discusses how API Gateway can be used to route requests to Lambda functions. The document compares performance and cost of Lambda to other platforms like Elastic Beanstalk. It provides examples of serverless application design where Lambda functions are triggered by events from databases or APIs. Finally, it briefly describes an open source project to implement Lambda-like functionality on OpenStack.