Railway, a cloud infrastructure startup, 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 core proposition is an AI-native infrastructure that abstracts away the underlying complexity, allowing developers to focus on building applications rather than managing servers, containers, and scaling. The new capital will be used to expand its engineering team and accelerate product development to meet growing enterprise demand for streamlined AI deployment tools. The company positions itself as a simpler, more integrated alternative to the complex, service-heavy offerings of major cloud platforms. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud