Cloud infrastructure startup Railway has raised $100 million in a Series B funding round led by prominent venture capital firms. The company aims to 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 simplifies the complex process of managing the underlying compute, data pipelines, and scaling required for AI workloads. The new capital will be used to expand its engineering team, accelerate product development, and grow its market presence. The funding signals strong investor confidence in specialized cloud platforms that cater to the burgeoning demands of artificial intelligence development. For the full details, read the article at https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud