AWS has announced the AWS Lambda Logs API, which allows extensions to subscribe to and process Lambda logs in real-time. This feature enables collecting and forwarding Lambda logs to other services without going through Amazon CloudWatch Logs subscription filters. An open-source extension, `lambda-log-shipper`, is available for shipping Lambda logs to S3 or other destinations, offering a more self-contained solution with reduced costs compared to using separate Lambda functions for log shipping. The Lumigo extension provides a standardized approach to log aggregation across an organization, but may impact performance on CPU-intensive functions.