Serverless computing, also known as Function-as-a-Service (FaaS), provides several benefits such as reduced costs, improved scalability, and increased agility. With serverless computing, developers can focus on writing and deploying code without worrying about the underlying infrastructure. This allows for faster development cycles and easier scaling since the cloud provider handles the infrastructure and automatically scales resources up or down based on demand. However, there are also challenges associated with serverless computing, including increased complexity in application development and deployment, potential vendor lock-in, and the need for new tools and monitoring techniques to ensure optimal performance and cost-efficiency. Despite these challenges, serverless computing continues to gain popularity, particularly in applications that require flexible, scalable, and cost-effective cloud infrastructure.