What is the type of hosting called when you only pay for what you actually spend?

Question

IT terminology

About once a week there is a need for a powerful php-hosting, while you need it literally for 10 - 20 minutes. Now we use dofigayakerny VDS on Intel Core i9. The server is fire, only very expensive and I naturally have a question... are there hostings where you can pay only for the resources actually spent?

Like, they give you a maximum of computing resources (how much your software can take), and you only pay for your actually spent processor time, RAM, and so on in the list. Does this happen at all? And if so, what is it called, what exactly should I look for?

Answer 1

cloud servers