Lambda runs your code on high availability compute infrastructure and performs all the administration of your compute resources. This includes server and operating system maintenance, capacity provisioning and automatic scaling, code and security patch deployment, and code monitoring and logging. All you need to do is supply the code. Ref:https://aws.amazon.com/lambda/features/
It is not C or E because Lambda is serverless, this means that you do not have access to the underlying structure. The administrator doesn't have to worry about what type of cpu or amount of memory to use (besides he can't customize it), he just uploads his application, and Amazon takes care of the rest.
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