Cloud infrastructure startup Railway has raised $100 million in a Series B funding round led by Altimeter Capital, with participation from existing investors. The company aims to challenge major cloud providers like AWS by offering a platform specifically designed for building and deploying AI applications. Railway’s service automates infrastructure management, including provisioning, scaling, and networking, allowing developers to focus on writing code. The new capital will be used to expand the company’s engineering team, accelerate product development, and grow its market presence. The funding reflects strong investor confidence in the growing demand for specialized, developer-friendly cloud tools tailored for the AI era. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud