Cloud infrastructure startup Railway has raised $100 million in a Series B funding round led by prominent venture capital firms. The company aims to directly challenge established giants like AWS by building a cloud platform designed from the ground up for AI and machine learning workloads. Railway’s approach focuses on simplifying the deployment and scaling of AI applications, offering tools that abstract away much of the underlying infrastructure complexity. The new capital will be used to expand engineering, sales, and marketing efforts to capture a larger share of the rapidly growing AI development market. The funding round highlights significant investor confidence in specialized cloud platforms that cater to the unique demands of modern AI projects. For the full details, read the article on VentureBeat.