Announcing Public Preview of Managed DevOps Pools (MDP) for Azure DevOps - Azure DevOps Blog
Briefly

In reality, many end up spending a significant portion of their time on other tasks, such as maintaining DevOps infrastructure... teams can use self-hosted agents for maximum flexibility, but at the cost of a significant increase in overhead and maintenance costs.
Managed DevOps Pools enable engineering teams to establish consistency and best practices while maximizing performance, security, compliance, and cost-efficiency for their custom DevOps Pools.
Read at Azure DevOps Blog
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