This looks like a big scary monster is clutching a wee person in his hand! -- Hang on! Second look and it's a happy person looking down at the cute bambino cradled in their arms. Yes, we'll go with that as it's less nightmare-
This object is a billowing tower of cold gas and dust rising from a stellar nursery called the Eagle Nebula. The Eagle nebula is giving birth to stars, light-years distant from us, the soaring tower is light-years or about 90 trillion kilometers tall.