On October 14, 2025, analysis emerged detailing CoreWeave's strategic evolution from a provider of AI cloud hardware to a comprehensive, full-stack infrastructure platform aimed at the burgeoning AI agent market. This shift is significantly bolstered by the company's acquisition of OpenPipe and a heightened focus on reinforcement learning, positioning it to capture more lucrative software and orchestration revenue streams beyond its core GPU compute offerings. The company has demonstrated substantial growth, with quarterly sales increasing by over 200% to approximately $1.21 billion and a contracted backlog nearing $30 billion, which indicates strong, durable demand. This strategic repositioning, coupled with significant contracts such as an $11.9 billion deal with OpenAI and a $6.3 billion order with Nvidia, underscores CoreWeave's pivotal role in the AI infrastructure sector. Despite facing execution and capital risks, the company's current trajectory and potential for platform lock-in present a compelling case for its future as a foundational entity in the developing agentic economy.