Cloud infrastructure startup Railway has raised $100 million in a Series B funding round led by Altimeter Capital. The company aims to challenge major cloud providers like AWS by focusing on a developer-centric, AI-native platform. Railway’s core offering simplifies the deployment and management of applications, databases, and AI models, automating much of the underlying infrastructure complexity. The new capital will be used to expand its engineering team, accelerate product development, and enhance its AI-specific tooling. The company argues that existing cloud platforms are not optimized for the new wave of AI applications, positioning its platform as a more efficient and integrated alternative for developers building with AI. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud