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 core proposition is an ‘AI-native’ infrastructure that abstracts away the underlying complexity of managing servers, containers, and scaling, allowing developers to focus on their application code. The new capital will be used to expand the platform’s capabilities, grow the team, and accelerate its go-to-market strategy. The company argues that traditional cloud infrastructure is not optimized for the unique demands of modern AI workloads, positioning its developer-centric approach as a key differentiator. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud