Railway, a cloud infrastructure startup, has raised $100 million in a Series B funding round led by Altimeter Capital. The company aims to compete with major cloud providers like AWS by offering a platform specifically designed for building and deploying AI applications. The funding will be used to expand its team and accelerate product development. Railway’s core proposition is an ‘AI-native’ infrastructure that simplifies the complex process of deploying and managing AI models, data pipelines, and related services. The company argues that traditional cloud platforms were not built with the unique demands of modern AI workloads in mind. For the full details, read the article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud