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 a developer-centric, AI-native platform. Its core proposition is to simplify the deployment and management of applications, particularly AI workloads, by abstracting away underlying infrastructure complexity. Railway argues that traditional cloud services are too fragmented and complex for modern AI development. The new capital will be used to expand its team, accelerate product development, and grow its customer base. The company reports that its platform is already being used by thousands of developers to deploy applications. The full article can be read at https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud