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 building and deploying AI applications. Railway’s approach focuses on simplifying the complex infrastructure required for AI development, automating tasks like GPU provisioning and model deployment. The new capital will be used to expand its engineering team and accelerate product development. The funding signals growing investor interest in specialized cloud platforms that cater to the unique demands of the AI boom. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud