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 AI and machine learning workloads. Railway’s approach focuses on simplifying the deployment and management of AI applications, automating infrastructure provisioning, and optimizing for GPU resources. The new capital will be used to expand engineering, sales, and marketing teams, and to further develop its AI-native tools. 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 alternative. Read the full article at: https://venturebeat.com/infrastructure/railway-secures-usd100-million-to-challenge-aws-with-ai-native-cloud