The Serverless working group within the Cloud Native Computing Foundation (CNCF) is one of many. In this talk, we’ll answer why the working group exists and how our efforts help the ecosystem. We'll also take a look at some of the current Serverless and FaaS projects and cover some of the common Serverless myths. Finally, we'll look ahead toward what we foresee as some of Serverless's biggest challenges and best-suited use cases.