Cloud infrastructure startup Railway has raised $100 million in a Series B funding round led by Altimeter Capital, with participation from existing investors. The company aims to challenge major cloud providers like AWS by focusing on an AI-native platform designed to simplify the deployment and management of AI applications. Railway’s platform abstracts away underlying infrastructure complexity, allowing developers to deploy AI models and applications with minimal configuration. The new capital will be used to expand the company’s engineering team and accelerate product development. The funding round highlights growing investor interest in specialized cloud infrastructure tailored for the AI era, as developers seek alternatives to the complexity of general-purpose cloud services. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud