Railway, a cloud infrastructure startup, has raised $100 million in a Series B funding round led by Altimeter Capital. The company aims to challenge established cloud providers like AWS by focusing on an AI-native platform designed to simplify the deployment and management of AI applications. The funding will be used to expand its team, accelerate product development, and scale its infrastructure globally. Railway’s approach centers on abstracting away the underlying complexity of cloud services, offering developers a streamlined workflow to build and run AI-powered software. The company argues that existing cloud platforms were not built with the unique demands of modern AI workloads in mind. For the full details, read the article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud