The newly redesigned Serverless view in AWS provides a unified telemetry data dashboard that unifies data from Lambda functions and other AWS resources, enabling developers to monitor, debug, and optimize their serverless applications more efficiently. The view groups resources by service or custom tags, allowing for easy visualization of application performance. It also enables correlation of high-level metrics with those of Lambda functions, facilitating quick detection and debugging of performance issues across the entire stack. With this new feature, developers can start monitoring their serverless applications directly within the Serverless view, using tools like Datadog APM for tracing and AWS X-Ray to track application performance.