Which AWS service provides serverless compute so the company can run code without managing servers?

AWS Lambda is the correct answer because it is a serverless compute service that allows you to run code without provisioning or managing servers. You only pay for the compute time you consume. AWS CloudFormation is an infrastructure as code service for provisioning AWS resources, not a compute service. AWS Elastic Beanstalk is a platform as a service (PaaS) that simplifies deploying and scaling web applications and services, but it still involves managing underlying servers. Elastic Load Balancing distributes incoming application traffic across multiple targets, such as EC2 instances, but it is a networking service, not a compute service.