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 providers like AWS by offering a platform specifically designed for AI and machine learning workloads. Its core proposition is an AI-native infrastructure that simplifies the deployment and management of AI applications, automating tasks like resource provisioning and scaling. The new capital will be used to expand its engineering team and accelerate product development. The company argues that traditional cloud platforms are not optimized for the unique demands of modern AI development, positioning its service as a more efficient alternative. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud