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 a developer-centric, AI-native platform. Railway’s core offering is a managed infrastructure service that automates provisioning, scaling, and deployment, allowing developers to focus on writing code. The new capital will be used to expand its platform’s capabilities, particularly in AI workload optimization, and to grow its team. The company argues that traditional cloud infrastructure is too complex and costly for modern, AI-driven applications, positioning its simplified, integrated service as a solution. For the full details, read the article at https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud.