Railway, a cloud infrastructure startup, has raised $100 million in a Series B funding round led by Altimeter Capital, with participation from existing investors. 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. Railway’s core offering is a developer-centric platform that automates infrastructure provisioning, scaling, and optimization, specifically tailored for the demands of AI workloads. The new capital will be used to expand its engineering team, accelerate product development, and grow its go-to-market operations. The company positions its technology as a more efficient and cost-effective alternative for developers building and scaling AI-powered software. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud