Another sign of the cooling trend of AI computing power? "Computing power leasing" leader CoreWeave slashes IPO size.

restrationCoreWeaveCoreWeaveAI CoreWeaveAIIPOIn addition to rporation, the company's institutional investors also include Magnetar Capital, Coatue Management, Jane Street, J.P. Morgan Asset Management, Fidelity, and Lykos Global Management.CoreWeave's founders do not plan to sell their shares in the IPO. The IPO is led by Morgan Stanley, JPMorgan, and Goldman Sachs Group, Inc., with 11 other advisors involved. CoreWeave's stock is expected to be listed on the Nasdaq stock exchange, with the trading code "CRWV". Is the AI computing power trend cooling down? Before CoreWeave, known as the "NVIDIA Corporation's baby", significantly reduced its IPO size, there were already signs of a significant cooling trend surrounding AI computing power. Goldman Sachs Group, Inc., a major Wall Street firm, recently lowered its global AI server shipment forecasts and also lowered the target stock prices of key companies in the global AI computing power industry chain from Taiwan, China. In a research report released this week, the Goldman Sachs Group, Inc. analyst team lowered the shipment expectations for rack-level AI servers, with forecasts for 2025 and 2026 shipments dropping from 31,000 units and 66,000 units to 19,000 units and 57,000 units (measured in equivalent 144-GPU units). Goldman Sachs Group, Inc. stated that this adjustment is mainly based on the transition period of NVIDIA Corporation's AI server rack products from Blackwell to Blackwell Ultra and supply-demand uncertainty, emphasizing the increasing controversy over the demand for intensive computing power as more efficient AI models (such as DeepSeek) are continuously released. Earlier, on February 24th, the news broke that the American tech giant Microsoft Corporation would cancel two large data center leases. The renowned investment firm TD Cowen then revealed more news, stating that Microsoft Corporation's cutting of a portion of its data center projects is a major negative for the AI computing power industry chain, leading to a core logic breakdown for American AI chip and other AI computing power stocks. "In the past six months, Microsoft Corporation's contraction strategy includes canceling and delaying data center leases. We still believe that the cancelation of data center leases and the delays in capacity indicate an overall oversupply of data centers, with a clear surplus compared to current demand forecasts," said the TD Cowen analysis team. On March 26th, the international bank Barclays released a new research report stating that by 2025, global AI computing power could support 1.5 to 2.2 billion AI agents, enough to meet the strong demand from over a billion white-collar workers in the U.S. and EU and over 1 billion enterprise software licenses. Barclays believes that existing AI computing power is already sufficient to support the deployment of large-scale AI agents, but there is still a significant gap in dedicated computing power for efficient and low-cost agent products.