Why is using the Cloud referred to as going ‘serverless’ when the companies offering Cloud services are STILL using servers?

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Why is using the Cloud referred to as going ‘serverless’ when the companies offering Cloud services are STILL using servers?

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Serverless means your code is not being hosted on any server until you’re trying to execute it. Then the provider would send your function to one of their available servers to execute. When you stop executing it for a short while, it will get removed from the server. Now your function is serverless again.

State of serverless means you’re not being billed when the function is not executing.

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