Microsoft announce the General Availability of Capacity Reservations for virtual machines.

A Capacity Reservation is linked to a specific virtual machine type running in a specific Azure data centre and ensures that there is always capacity available when you want to run a virtual machine of that type in that data centre.

They are priced the same as the Pay-As-You-Go prices for the VM, and if you have a matching Reserved Instance, that will automatically be applied to cover the charges of the Capacity Reservation.

Find the announcement here: https://bit.ly/3kiL53J, and a video explaining this new option here: https://bit.ly/3LFqVNr.