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 providers like AWS by offering a platform specifically designed for AI and machine learning workloads. Railway’s service simplifies the deployment and management of AI applications by automating infrastructure tasks, allowing developers to focus on building models. The new capital will be used to expand its team, accelerate product development, and scale its infrastructure to meet growing enterprise demand for AI-native cloud solutions. For the full details, read the article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud