Billing by Millionths of Pennies, Cloud Computing’s Giants Take In Billions - The New York Times

Hyperscale computing: and then there were three...

"The per-millionth pricing began last November, in the A.W.S. product Lambda. Lambda runs a customer’s line of code in response to a request, like looking up a ZIP code when given an address. Customers never rent servers, but pay for the moments of computing.

Microsoft last month announced that it would have its own “serverless” product. Google has something similar in early release, which is likely to be a product by the third quarter of this year.

[...]

“The secret to cloud economics is utilization — every minute unsold is money you don’t get back,” said Greg DeMichillie, the head of product for Google’s cloud. “There are very few of us who can work at this scale.”"

Billing by Millionths of Pennies, Cloud Computing’s Giants Take In Billions - The New York Times