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 building a platform specifically designed for AI and machine learning workloads. Railway’s approach focuses on simplifying the deployment and management of AI applications, offering pre-configured environments and tools that abstract away underlying infrastructure complexity. The new capital will be used to expand the company’s engineering team, accelerate product development, and grow its market presence. The funding round highlights the growing investor interest in specialized cloud infrastructure tailored for the AI era. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud