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 compete with major cloud providers like AWS by offering a platform specifically designed for building and deploying AI applications. Railway’s core proposition is an ‘AI-native’ infrastructure that abstracts away the underlying complexity, allowing developers to focus on their models and applications rather than managing servers, scaling, or configuration. The new capital will be used to expand the company’s engineering team, accelerate product development, and grow its go-to-market efforts. The funding underscores the significant investor interest in platforms that simplify the rapidly growing field of AI development and deployment. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud