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 building a platform designed specifically for AI and machine learning workloads. Railway’s approach focuses on simplifying the deployment and management of AI applications, offering an integrated environment for data processing, model training, and inference. The new capital will be used to expand its engineering team and accelerate product development. The company argues that traditional cloud infrastructure is not optimized for the unique demands of modern AI, positioning its service as a more efficient and developer-friendly alternative. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud