The emergence of serverless computing was initiated by functions-as-a-service (FaaS) offerings, which allow code execution in response to specific events such as an API request or uploading a file to a storage service. By utilizing FaaS offerings, developers can easily build and deploy code without worrying about the underlying infrastructure.

Serverless computing has blended with container-based technologies like Kubernetes, which enables containerized applications' deployment and management in the cloud. Consequently, hybrid serverless architectures emerged, combining the advantages of both serverless and container-based technologies. I'll also dive into how serverless computing has expanded beyond FaaS to include database-as-a-service (DBaaS).

Although the excitement about serverless computing may have dwindled in recent years, the use of serverless technologies is still on the rise, with over 50% of cloud customers leveraging serverless technologies. As the technology develops further, it is likely that serverless computing will continue to be a crucial aspect of cloud computing.