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 many of the complex infrastructure tasks, such as provisioning and scaling, that developers face when working with AI models. The new capital will be used to expand the company’s engineering team, accelerate product development, and grow its go-to-market efforts. The funding signals strong investor confidence in the growing market for specialized, developer-friendly AI infrastructure. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud