Railway, a cloud infrastructure startup, 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 designed to simplify the deployment and management of applications, particularly those involving artificial intelligence. The funding will be used to expand its engineering team and accelerate product development. Railway’s approach emphasizes automation and abstraction, allowing developers to focus on building applications rather than managing underlying infrastructure. The company argues that existing cloud services are too complex and fragmented for the modern AI development cycle. Read the full article: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud