Uploaded October 2025 | Updated September 2026, 3 weeks ago
In this deep dive with Kyle Corbitt, co-founder and CEO of OpenPipe (recently acquired by CoreWeave), we explore the evolution of fine-tuning in the age of AI agents and the critical shift from supervised fine-tuning to reinforcement learning. Kyle shares his journey from leading YC's Startup School to building OpenPipe, initially focused on distilling expensive GPT-4 workflows into smaller, cheaper models before pivoting to RL-based agent training as frontier model prices plummeted. The conversation reveals why 90% of AI projects remain stuck in proof-of-concept purgatory - not due to capability limitations, but reliability issues that Kyle believes can be solved through continuous learning from real-world experience. He discusses the breakthrough of RULER (Relative Universal Reinforcement Learning Elicited Rewards), which uses LLMs as judges to rank agent behaviors relatively rather than absolutely, making RL training accessible without complex reward engineering. Kyle candidly assesses the challenges of building realistic training environments for agents, explaining why GRPO (despite its advantages) may be a dead end due to its requirement for perfectly reproducible parallel rollouts. He shares insights on why LoRAs remain underrated for production deployments, why GEPA and prompt optimization haven't lived up to the hype in his testing, and why the hardest part of deploying agents isn't the AI - it's sandboxing real-world systems with all their bugs and edge cases intact. The discussion also covers OpenPipe's acquisition by CoreWeave, the launch of their serverless reinforcement learning platform, and Kyle's vision for a future where every deployed agent continuously learns from production experience. He predicts that solving the reliability problem through continuous RL could unlock 10x more AI inference demand from projects currently stuck in development, fundamentally changing how we think about agent deployment and maintenance.
*Key Topics:*
* The rise and fall of fine-tuning as a business model
* Why 90% of AI projects never reach production
* RULER: Making RL accessible through relative ranking
* The environment problem: Why sandboxing is harder than training
* GRPO vs PPO and the future of RL algorithms
* LoRAs: The underrated deployment optimization
* Why GEPA and prompt optimization disappointed in practice
* Building world models as synthetic training environments
* The $500B Stargate bet and OpenAI's potential crypto play
* Continuous learning as the path to reliable agents
References
linkedin.com/in/kcorbitt
*
* Aug 2023 openpipe.ai/blog/from-prompts-to-models
* DEC 2023 openpipe.ai/blog/mistral-7b-fine-tune-optimized
* JAN 2024 openpipe.ai/blog/s-lora
* MAY 2024 openpipe.ai/blog/the-ten-commandments-of-fine-tuning-in-prod
* youtube.com/watch?v=-hYqt8M9u_M
* Oct 2024 openpipe.ai/blog/announcing-dpo-support
* AIE NYC 2025 Finetuning 500m agents youtube.com/watch?v=zM9RYqCcioM&t=919s
* AIEWF 2025 How to train your agent (ART-E) youtube.com/watch?v=gEDl9C8s_-4&t=216s
* SEPT 2025 ACQUISTION openpipe.ai/blog/openpipe-coreweave
* W&B Serverless RL openpipe.ai/blog/serverless-rl?refresh=1760042248153
In this deep dive with Kyle Corbitt, co-founder and CEO of OpenPipe (recently acquired by CoreWeave), we explore the evolution of fine-tuning in the age of AI agents and the critical shift from supervised fine-tuning to reinforcement learning. Kyle shares his journey from leading YC's Startup School to building OpenPipe, initially focused on distilling expensive GPT-4 workflows into smaller, cheaper models before pivoting to RL-based agent training as frontier model prices plummeted. The conversation reveals why 90% of AI projects remain stuck in proof-of-concept purgatory - not due to capability limitations, but reliability issues that Kyle believes can be solved through continuous learning from real-world experience. He discusses the breakthrough of RULER (Relative Universal Reinforcement Learning Elicited Rewards), which uses LLMs as judges to rank agent behaviors relatively rather than absolutely, making RL training accessible without complex reward engineering. Kyle candidly assesses the challenges of building realistic training environments for agents, explaining why GRPO (despite its advantages) may be a dead end due to its requirement for perfectly reproducible parallel rollouts. He shares insights on why LoRAs remain underrated for production deployments, why GEPA and prompt optimization haven't lived up to the hype in his testing, and why the hardest part of deploying agents isn't the AI - it's sandboxing real-world systems with all their bugs and edge cases intact. The discussion also covers OpenPipe's acquisition by CoreWeave, the launch of their serverless reinforcement learning platform, and Kyle's vision for a future where every deployed agent continuously learns from production experience. He predicts that solving the reliability problem through continuous RL could unlock 10x more AI inference demand from projects currently stuck in development, fundamentally changing how we think about agent deployment and maintenance.
*Key Topics:*
* The rise and fall of fine-tuning as a business model
* Why 90% of AI projects never reach production
* RULER: Making RL accessible through relative ranking
* The environment problem: Why sandboxing is harder than training
* GRPO vs PPO and the future of RL algorithms
* LoRAs: The underrated deployment optimization
* Why GEPA and prompt optimization disappointed in practice
* Building world models as synthetic training environments
* The $500B Stargate bet and OpenAI's potential crypto play
* Continuous learning as the path to reliable agents
References
linkedin.com/in/kcorbitt
*
* Aug 2023 openpipe.ai/blog/from-prompts-to-models
* DEC 2023 openpipe.ai/blog/mistral-7b-fine-tune-optimized
* JAN 2024 openpipe.ai/blog/s-lora
* MAY 2024 openpipe.ai/blog/the-ten-commandments-of-fine-tuning-in-prod
* youtube.com/watch?v=-hYqt8M9u_M
* Oct 2024 openpipe.ai/blog/announcing-dpo-support
* AIE NYC 2025 Finetuning 500m agents youtube.com/watch?v=zM9RYqCcioM&t=919s
* AIEWF 2025 How to train your agent (ART-E) youtube.com/watch?v=gEDl9C8s_-4&t=216s
* SEPT 2025 ACQUISTION openpipe.ai/blog/openpipe-coreweave
* W&B Serverless RL openpipe.ai/blog/serverless-rl?refresh=1760042248153



![⚡️Context Graphs: according to the authors — Jaya Gupta, Ashu Garg, Foundation Capital
In this Lightning pod, swyx hosts Jaya Gupta and Ashu Garg from Foundation Capital to discuss the emergence of context graphs. They define this new framework as the institutional memory of the why behind business decisions, captured through decision traces—the sequence of steps and human reasoning that models often miss. The conversation explores how these graphs will become the defensible moat for the next generation of applied AI companies and systems of agents.
Section Timestamps
[00:03] – Introductions and the early vibe of AI hackathons post-ChatGPT.
[02:00] – The origin story of the Context Graph thesis at Foundation Capital.
[04:59] – Defining the Context Graph and the Decision Trace.
[07:32] – Who is building this today? Examples like Player Zero and Glean.
[09:37] – Technical implementation: Is there an ideal data structure?
[12:09] – Explaining Systems of Agents vs. standard chatbots.
[15:26] – The importance of the Right Path (operational) vs. the Read Path (analytical).
[18:46] – Why these will be new platforms rather than features in Slack or GitHub.
[21:48] – Addressing pushbacks: Can you truly capture the Why or just the How?
[24:04] – Privacy, data governance, and Metadata 3.0.
[26:43] – Context Graphs vs. Data Mesh: Why universal graphs are unlikely.
[31:18] – 2026 Predictions: The Context Graph Stack and production scale.
show notes
https://foundationcapital.com/context-graphs-ais-trillion-dollar-opportunity/
https://x.com/JayaGup10/status/2003525933534179480
https://simple.ai/p/what-are-context-graphs ⚡️Context Graphs: according to the authors — Jaya Gupta, Ashu Garg, Foundation Capital](https://i.ytimg.com/vi/zP8P7hJXwE0/mqdefault.jpg)
