In preview – Azure SQL Database Managed Instance

Azure SQL Database Managed Instance is a new deployment option in Azure SQL Database that provides SQL Server compatibility and native virtual network support. Move your SQL Server workloads to an intelligent, fully managed service without rearchitecting your apps, and use the new vCore-based performance tiers for easy translation of on-premises requirements to the cloud. Move your SQL Server databases to Managed Instance today and save up to 30 percent with Azure Hybrid Benefit for SQL Server. 

Learn more about SQL Database Managed Instance and the Azure Hybrid Benefit for SQL Server.

Source: Azure Roadmap