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 automates much of the complex setup and management required for deploying AI applications, such as GPU provisioning and model scaling. The new capital will be used to expand its engineering team, accelerate product development, and grow its market presence. The company argues that traditional cloud platforms are not optimized for the unique demands of modern AI development, positioning its service as a more efficient and developer-friendly alternative. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud