The document discusses emerging trends in cloud native infrastructure, including hybrid multi-cloud, serverless computing, microservices, and cloud native applications. Hybrid multi-cloud refers to using both on-premises systems and public cloud services from multiple providers. Serverless computing automates backend infrastructure management and allows developers to focus on front-end code. Microservices break applications into smaller, independent components to improve agility. Cloud native applications are built using microservices and containers to enable continuous delivery, elastic scaling, and other benefits. The document outlines advantages like improved agility and disadvantages like increased management complexity of these emerging cloud native approaches.