CoreWeave stock rises on launch of Serverless RL for AI agent training

Investing.com -- CoreWeave, Inc. (NASDAQ:CRWV) stock climbed 8.6% Wednesday after the AI hyperscaler announced the launch of Serverless RL, a fully managed reinforcement learning capability for training AI agents.

The new service allows developers to scale reinforcement learning across dozens of GPUs with minimal setup requirements, addressing historical barriers to entry like costly infrastructure and complex workflows. According to the company, benchmarks show nearly 1.4x faster training times and 40% lower costs compared to local H100 GPU environments.

Serverless RL comes just weeks after CoreWeave’s acquisition of OpenPipe, combining reinforcement learning tools with the Weights & Biases AI developer platform on CoreWeave’s cloud infrastructure. The company stated that customers ranging from AI startups to Fortune 500 enterprises have already shown strong interest in the service.

"We’re excited about Serverless RL on CoreWeave to improve the quality of our agents, and eager for instant GPU access without the burden of managing infrastructure ourselves," said Jon Perl, CEO of QA Wolf, one of the early adopters.

Earlier Wednesday, Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $175.00 price target on CoreWeave (NASDAQ:CRWV).

The analyst commented: "We think it is worth revisiting the topic of unit economics for CRWV, especially given investor concerns surrounding profitability/business model following yesterday’s Information article discussing the (low) profitability of ORCL’s GPU cloud business. Despite the capex intensity/debt financing required to deploy GPU clouds, we view CRWV’s model as durable, risk-managed, and profitable at scale even when taking high levels of depreciation expenses into account."

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