Amazon ElastiCache Serverless simplifies cache management by eliminating capacity planning. In this demo from AWS re:Invent 2023, product managers Abhay and Yaron showcase how to create a serverless cache in minutes, automatically scale resources, and connect from an EC2 instance. They demonstrate ElastiCache Serverless' ability to handle microbursts and maintain low latency while scaling. The service offers pay-per-use pricing based on data stored and requests executed, measured in ElastiCache Processing Units (ECPUs). Additional features include automatic software updates, single endpoint experience, and seamless scaling without client disruption.