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 AI and machine learning workloads. Railway’s approach focuses on simplifying the deployment and management of AI applications, automating infrastructure tasks that typically require significant developer expertise. The new capital will be used to expand the company’s engineering team and accelerate product development. 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