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 offering a platform specifically designed for building and deploying AI applications. Railway’s approach focuses on simplifying the complex infrastructure required for AI, providing developers with tools to manage models, data pipelines, and compute resources through a unified interface. The new capital will be used to expand engineering, sales, and marketing efforts as the company scales its operations to meet growing demand for AI-native cloud services. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud