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 established cloud providers like AWS by offering a platform specifically designed for AI and machine learning workloads. Railway’s infrastructure automates deployment, scaling, and resource management, focusing on simplifying the process for developers building AI applications. The new capital will be used to expand its engineering team, accelerate product development, and grow its market presence. The company positions itself as an alternative to the complexity of traditional cloud services for the AI era. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud