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 code. The new capital will be used to expand the platform’s capabilities, grow the engineering team, and accelerate its go-to-market strategy. The funding signals strong investor confidence in the growing demand for specialized infrastructure tailored to the unique needs of artificial intelligence workloads. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud