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 AI and machine learning workloads. Railway’s service automates the deployment and scaling of AI applications, handling infrastructure complexities so developers can focus on building models. The new capital will be used to expand the company’s engineering team and accelerate product development. The funding signals strong investor confidence in specialized cloud platforms tailored for the growing AI market. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud