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 providers like AWS by offering a platform specifically designed for building and deploying AI applications. Railway’s approach focuses on simplifying the developer experience with an integrated, AI-native environment that automates infrastructure management, allowing teams to concentrate on application logic. The new capital will be used to expand engineering, sales, and marketing efforts to capture a larger share of the growing AI development market. The company argues that traditional cloud services are not optimized for the unique demands of modern AI workloads, positioning its specialized platform as a more efficient alternative. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud