Railway, a cloud infrastructure startup, has raised $100 million in a Series B funding round led by Altimeter Capital. The company aims to challenge established cloud providers like AWS by offering a platform specifically designed for AI and machine learning workloads. The funding will be used to expand its engineering team and accelerate product development. Railway’s approach focuses on simplifying the deployment and management of AI applications, which often require complex infrastructure configurations on traditional cloud platforms. The company argues that its AI-native architecture can offer better performance and cost efficiency for developers building and scaling AI models. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud