AWS has introduced the Lambda Telemetry API, enhancing users' ability to collect logs, metrics, and traces for improved observability in AWS services such as Cloudwatch or third-party platforms like Coralogix. The new API allows extensions to access additional Lambda platform events and data, providing deeper insights into the Lambda environment. To leverage this development, Coralogix has launched the AWS Lambda Telemetry Exporter, an optimized Lambda extension designed to streamline the collection and analysis of telemetry data for monitoring and alerting. This exporter, now available in open beta, supplements logs with span IDs to facilitate the analysis of related logs and traces, offering a richer alternative to the previous Coralogix AWS Lambda Extension. The article highlights the benefits of using the Telemetry API, such as better understanding of Lambda latency and enhanced preparedness for cold start invocations, particularly in scenarios involving Just-In-Time compilation platforms like Java/JVM.