Category: 3. Business

  • IBM and Mission 44 Join Forces to Fast-Track AI Skills

    IBM and Mission 44 Join Forces to Fast-Track AI Skills

    New multi-year collaboration launches in Austin ahead of the 2025 Formula 1 United States Grand Prix to promote STEM career pathways with local students

    Oct 16, 2025

    AUSTIN, Texas, Oct. 16, 2025 /PRNewswire/ — IBM (NYSE: IBM) today unveiled a new multi-year agreement with Mission 44, the global charitable foundation of Lewis Hamilton, seven-time Formula 1 (F1) World Champion and Scuderia Ferrari HP driver. The collaboration will leverage IBM’s award-winning free education program, IBM SkillsBuild, to create powerful learning experiences for students and spark interest in STEM — including motorsports — while building in-demand technical and professional skills such as AI, cloud computing, data analytics and cybersecurity.

    Underscoring the increased societal demand for AI literacy, this collaboration further unites IBM’s commitment to provide 30 million people with new skills by 2030. New research from the AI Workforce Consortium found that AI-specific roles have become key drivers of growth across G7 countries, revealing that AI is now a foundational capability, not a niche specialization. The IBM SkillsBuild program and learning platform supports faculty, adult learners, high school and university students to develop valuable new skills in technology and AI to enhance access to career opportunities.

    “Talent is everywhere, but not everyone is afforded the opportunity for career growth. That’s why Mission 44 is teaming up with IBM SkillsBuild to unlock new learning pathways in technology for young people everywhere,” said Mission 44 Founder Lewis Hamilton. “We’re on a mission to ensure young people get the chance to thrive, so that everyone can fulfill their potential.”

    In collaboration with the IBM SkillsBuild team, Mission 44 will host multiple activations at F1 race events each year, delivering immersive, hands-on learning opportunities to help students develop skills needed for future-looking jobs within F1 international geographies. The collaboration will support Mission 44’s strategy to increase inclusivity in STEM and create pathways for young people in tech. Beyond race weekends, Mission 44 will work with IBM to develop F1-themed content for year-round use in the IBM SkillsBuild program and expand high-quality education through Mission 44’s global partner network, fostering deeper engagement to scale impact.

    “We’re investing in the technical skills that will shape future workforces, fuel open innovation and drive economic growth,” said Justina Nixon-Saintil, Vice President of Corporate Social Responsibility and Chief Impact Officer, IBM. “The partnership between IBM SkillsBuild and Mission 44 brings together our collective strengths; expanding access to vital skills and tools, and enabling students to succeed in the AI economy.”

    “At Mission 44, we know collaboration is key to creating lasting impact, and our partnership with IBM is a powerful example of that,” said Jason Arthur, CEO, Mission 44. “By uniting with IBM SkillsBuild we have the opportunity to drive meaningful impact for young people globally, raising aspirations and achievement, and unlocking access to exciting careers in STEM and motorsport.”

    The first event will take place at Circuit of the Americas (COTA) in Austin, Texas, ahead of the 2025 Formula 1 United States Grand Prix to support Mission 44 and its network of grantees, including local Austin nonprofit Girlstart. Students will take part in a Design Your Own Pit Crew simulation and an exclusive tour of the Scuderia Ferrari HP Team garage and F1 paddock.

    About Mission 44

    Founded by seven-time Formula One World Champion Sir Lewis Hamilton, Mission 44 is a global charitable foundation driving change so that every young person can thrive in school and access great careers in STEM. To learn more, visit www.mission44.org.

    About IBM

    IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

    Media Contacts:

    Kristen Ruiz

    IBM Corporate Communications

    Kristen.Ruiz@ibm.com

    IBM Corporation logo. (PRNewsfoto/IBM Corporation)

    SOURCE IBM

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  • TECVAYLI® plus DARZALEX FASPRO® combination regimen significantly improves progression-free survival and overall survival versus standard of care

    RARITAN, N.J., October 16, 2025 – Johnson & Johnson (NYSE:JNJ), the worldwide leader in multiple myeloma therapies, today announced positive topline results from the investigational Phase 3 MajesTEC-3 study. The study evaluates the efficacy and safety of TECVAYLI® (teclistamab-cqyv) in combination with DARZALEX FASPRO® (daratumumab and hyaluronidase-fihj) versus investigator’s choice of DARZALEX FASPRO, pomalidomide, and dexamethasone (DPd) or DARZALEX FASPRO, bortezomib, and dexamethasone (DVd) in patients with relapsed/refractory multiple myeloma (RRMM) who received one to three prior lines of therapy.1

    At almost three years follow-up, the combination of TECVAYLI and DARZALEX FASPRO met the primary endpoint of progression-free survival (PFS) (the time a treatment keeps a patient’s cancer from progressing or death) and the results were statistically significant and superior to standard of care.2 The secondary endpoint of overall survival (OS) was also statistically significant at this first interim analysis.2

    “TECVAYLI is the most utilized BCMA bispecific in later lines of myeloma treatment, supported by extensive clinical and real-world evidence. These results demonstrate the clinical benefits of TECVAYLI in earlier lines when used in combination, as evidenced by meaningful progression-free survival and overall survival outcomes,” said Maria-Victoria Mateos, M.D., Ph.D., Consultant Physician in Hematology, University Hospital of Salamanca.* “TECVAYLI and DARZALEX FASPRO uniquely work together to target both BCMA and CD38 simultaneously, priming and activating the immune system and eliminating myeloma cells.”

    MajesTEC-3 is the first Phase 3 study to show that the combination of TECVAYLI and DARZALEX FASPRO offers better PFS and OS than current standards of care.2 Based on these statistically significant results at the interim analysis, the IDMC recommended unblinding the study.2

    “The MajesTEC-3 study results of TECVAYLI plus DARZALEX FASPRO, two of our most important agents, demonstrate Johnson & Johnson’s leadership in developing regimens with complementary and synergistic mechanisms of action for patients with multiple myeloma. We are confident this combination is poised to be a new standard of care option,” said Yusri Elsayed, M.D., M.H.Sc., Ph.D., Global Therapeutic Area Head, Oncology, Johnson & Johnson Innovative Medicine. “The increase in progression-free survival and overall survival is another example of how our portfolio is fundamentally transforming how patients with multiple myeloma are treated.”

    The overall safety profile of TECVAYLI administered in combination with DARZALEX FASPRO was consistent with the known safety profiles of each monotherapy.

    The results of the Phase 3 MajesTEC-3 study will be presented at a future major medical meeting and shared with health authorities.

    Additional data on the TECVAYLI and DARZALEX FASPRO combination
    Recently
    presented results from the Phase 2 MajesTEC-5 study of the same investigational combination of TECVAYLI and DARZALEX FASPRO showed meaningful clinical efficacy. In transplant-eligible patients with newly diagnosed multiple myeloma, a 100 percent overall response rate was achieved when given as the first treatment after diagnosis.3 Additionally, all minimal residual disease (MRD)-evaluable patients were MRD negative at the end of the induction period and successful stem cell mobilization was completed in 96% of patients.3

    About TECVAYLI
    TECVAYLI (teclistamab-cqyv) is a first-in-class, bispecific T-cell engager antibody therapy that uses innovative science to activate the immune system by binding to the CD3 receptor expressed on the surface of T-cells and to the B-cell maturation antigen (BCMA) expressed on the surface of multiple myeloma cells and some healthy B-lineage cells. TECVAYLI was
    approved by the U.S. FDA in October 2022 as an off-the-shelf (or ready-to-use) antibody that is administered as a subcutaneous treatment for adult patients with relapsed or refractory multiple myeloma (RRMM) who have received at least four prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent and an anti-CD38 antibody.4

    In February 2024, the U.S. FDA
    approved the supplemental Biologics License Application (sBLA) for TECVAYLI for a reduced dosing frequency of 1.5 mg/kg every two weeks in patients with relapsed or refractory multiple myeloma who have achieved and maintained a CR or better for a minimum of six months. Since FDA approval, more than 18,400 patients have been treated worldwide with TECVAYLI.

    The European Commission (EC) granted TECVAYLI
    conditional marketing authorization in August 2022 as monotherapy for the treatment of adult patients with RRMM who have received at least three prior therapies, including a proteasome inhibitor, an immunomodulatory agent and an anti-CD38 antibody, and have demonstrated disease progression since the last therapy. In August 2023, the EC
    granted the approval of a Type II variation application for TECVAYLI, providing the option for a reduced dosing frequency of 1.5 mg/kg every two weeks (Q2W) in patients who have achieved a complete response or better for a minimum of six months.

    For more information, visit
    www.TECVAYLI.com.

    About DARZALEX FASPRO and DARZALEX®
    U.S. FDA
    approved DARZALEX FASPRO (daratumumab and hyaluronidase-fihj) in May 2020 and it is now approved for ten indications in multiple myeloma, four of which are for frontline treatment in newly diagnosed patients who are transplant eligible or ineligible. It is the only subcutaneous CD38-directed antibody approved to treat patients with MM. DARZALEX FASPRO is co-formulated with recombinant human hyaluronidase PH20, Halozyme’s ENHANZE® drug delivery technology.

    U.S. FDA
    approved DARZALEX in November 2015 and it is now approved in ten indications. DARZALEX is the first CD38-directed antibody approved to treat multiple myeloma, three of which are in the frontline setting, including newly diagnosed patients who are transplant eligible and ineligible.18 DARZALEX-based regimens have been used in the treatment of more than 618,000 patients worldwide. In
    August 2012, Janssen Biotech, Inc. and Genmab A/S entered a worldwide agreement, which granted Janssen an exclusive license to develop, manufacture and commercialize daratumumab.

    Since 2020, the National Comprehensive Cancer Network® (NCCN®) has recommended daratumumab-based combination regimens for the treatment of newly diagnosed multiple myeloma and relapsed and refractory multiple myeloma. For newly diagnosed multiple myeloma in non-transplant candidates, the NCCN® guidelines recommend daratumumab in combination with lenalidomide and dexamethasone as a Category 1 preferred regimen; daratumumab in combination with bortezomib, melphalan, and prednisone as another recommended Category 1 regimen; and daratumumab in combination with bortezomib, cyclophosphamide, and prednisone as another recommended Category 2A regimen. For newly diagnosed multiple myeloma in transplant candidates, the NCCN® guidelines recommend daratumumab in combination with bortezomib, lenalidomide and dexamethasone as another recommended Category 2A regimen; daratumumab in combination with bortezomib, thalidomide and dexamethasone as a Category 2A regimen useful in certain circumstances; daratumumab in combination with carfilzomib, lenalidomide and dexamethasone as a Category 2A regimen useful in certain circumstances; and daratumumab in combination with cyclophosphamide, bortezomib and dexamethasone as a Category 2A regimen useful in certain circumstances. For maintenance in transplant candidates, the NCCN guidelines recommend daratumumab in combination with lenalidomide as useful in certain circumstances. In relapsed/refractory myeloma, four daratumumab regimens are listed as Category 1 preferred regimens for early relapses (1-3 prior therapies): daratumumab in combination with lenalidomide and dexamethasone; daratumumab in combination with bortezomib and dexamethasone; daratumumab in combination with carfilzomib and dexamethasone; and daratumumab in combination with pomalidomide and dexamethasone [after one prior therapy including lenalidomide and a proteasome inhibitor (PI)]. The NCCN® also recommends daratumumab in combination with cyclophosphamide, bortezomib and dexamethasone as another Category 2A regimen for early relapses (1-3 prior therapies) and as monotherapy as a Category 2A regimen useful in certain circumstances for early relapse patients after at least three prior therapies, including a PI and an immunomodulatory agent, or for patients who are double refractory to a PI and an immunomodulatory agent.

    For more information, visit
    www.DARZALEX.com.

    About Multiple Myeloma
    Multiple myeloma is an incurable blood cancer that affects a type of white blood cell called plasma cells, which are found in the bone marrow.5 In multiple myeloma, these plasma cells proliferate and spread rapidly and replace normal cells in the bone marrow with tumors.6 Multiple myeloma is the third most common blood cancer worldwide and remains an incurable disease.7 In 2024, it was estimated that more than 35,000 people will be diagnosed with multiple myeloma in the U.S. and more than 12,000 people would die from the disease.8 People living with multiple myeloma have a 5-year survival rate of 59.8 percent.9 While some people diagnosed with multiple myeloma initially have no symptoms, most patients are diagnosed due to symptoms that can include bone fracture or pain, low red blood cell counts, tiredness, high calcium levels and kidney problems or infections. 10,11

    TECVAYLI® IMPORTANT SAFETY INFORMATION

    WARNING: CYTOKINE RELEASE SYNDROME and NEUROLOGIC TOXICITY including IMMUNE EFFECTOR CELL-ASSOCIATED NEUROTOXICITY SYNDROME

    Cytokine release syndrome (CRS), including life-threatening or fatal reactions, can occur in patients receiving TECVAYLI®. Initiate treatment with TECVAYLI® step-up dosing schedule to reduce risk of CRS. Withhold TECVAYLI® until CRS resolves or permanently discontinue based on severity.

    Neurologic toxicity, including Immune Effector Cell-Associated Neurotoxicity Syndrome (ICANS) and serious and life-threatening reactions, can occur in patients receiving TECVAYLI®. Monitor patients for signs or symptoms of neurologic toxicity, including ICANS, during treatment. Withhold TECVAYLI® until neurologic toxicity resolves or permanently discontinue based on severity.

    TECVAYLI® is available only through a restricted program called the TECVAYLI® and TALVEY® Risk Evaluation and Mitigation Strategy (REMS).

    INDICATION AND USAGE

    TECVAYLI® (teclistamab-cqyv) is a bispecific B-cell maturation antigen (BCMA)-directed CD3 T-cell engager indicated for the treatment of adult patients with relapsed or refractory multiple myeloma who have received at least four prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent and an anti-CD38 monoclonal antibody.
    This indication is approved under accelerated approval based on response rate. Continued approval for this indication may be contingent upon verification and description of clinical benefit in confirmatory trial(s).

    WARNINGS AND PRECAUTIONS

    Cytokine Release Syndrome TECVAYLI® can cause cytokine release syndrome (CRS), including life-threatening or fatal reactions. In the clinical trial, CRS occurred in 72% of patients who received TECVAYLI® at the recommended dose, with Grade 1 CRS occurring in 50% of patients, Grade 2 in 21%, and Grade 3 in 0.6%. Recurrent CRS occurred in 33% of patients. Most patients experienced CRS following step-up dose 1 (42%), step-up dose 2 (35%), or the initial treatment dose (24%). Less than 3% of patients developed first occurrence of CRS following subsequent doses of TECVAYLI®. The median time to onset of CRS was 2 (range: 1 to 6) days after the most recent dose with a median duration of 2 (range: 1 to 9) days. Clinical signs and symptoms of CRS included, but were not limited to, fever, hypoxia, chills, hypotension, sinus tachycardia, headache, and elevated liver enzymes (aspartate aminotransferase and alanine aminotransferase elevation).

    Initiate therapy according to TECVAYLI® step-up dosing schedule to reduce risk of CRS. Administer pretreatment medications to reduce risk of CRS and monitor patients following administration of TECVAYLI® accordingly. At the first sign of CRS, immediately evaluate patient for hospitalization. Administer supportive care based on severity and consider further management per current practice guidelines. Withhold or permanently discontinue TECVAYLI® based on severity.

    TECVAYLI® is available only through a restricted program under a REMS.

    Neurologic Toxicity including ICANS TECVAYLI® can cause serious or life-threatening neurologic toxicity, including Immune Effector Cell-Associated Neurotoxicity Syndrome (ICANS).
    In the clinical trial, neurologic toxicity occurred in 57% of patients who received TECVAYLI® at the recommended dose, with Grade 3 or 4 neurologic toxicity occurring in 2.4% of patients. The most frequent neurologic toxicities were headache (25%), motor dysfunction (16%), sensory neuropathy (15%), and encephalopathy (13%). With longer follow-up, Grade 4 seizure and fatal Guillain-Barré syndrome (one patient each) occurred in patients who received TECVAYLI®.

    In the clinical trial, ICANS was reported in 6% of patients who received TECVAYLI® at the recommended dose. Recurrent ICANS occurred in 1.8% of patients. Most patients experienced ICANS following step-up dose 1 (1.2%), step-up dose 2 (0.6%), or the initial treatment dose (1.8%). Less than 3% of patients developed first occurrence of ICANS following subsequent doses of TECVAYLI®. The median time to onset of ICANS was 4 (range: 2 to 8) days after the most recent dose with a median duration of 3 (range: 1 to 20) days. The most frequent clinical manifestations of ICANS reported were confusional state and dysgraphia. The onset of ICANS can be concurrent with CRS, following resolution of CRS, or in the absence of CRS.

    Monitor patients for signs and symptoms of neurologic toxicity during treatment. At the first sign of neurologic toxicity, including ICANS, immediately evaluate patient and provide supportive therapy based on severity. Withhold or permanently discontinue TECVAYLI® based on severity per recommendations and consider further management per current practice guidelines.

    Due to the potential for neurologic toxicity, patients are at risk of depressed level of consciousness. Advise patients to refrain from driving or operating heavy or potentially dangerous machinery during and for 48 hours after completion of TECVAYLI® step-up dosing schedule and in the event of new onset of any neurologic toxicity symptoms until neurologic toxicity resolves.

    TECVAYLI® is available only through a restricted program under a REMS.

    TECVAYLI® and TALVEY® REMS – TECVAYLI® is available only through a restricted program under a REMS called the TECVAYLI® and TALVEY® REMS because of the risks of CRS and neurologic toxicity, including ICANS.

    Hepatotoxicity – TECVAYLI® can cause hepatotoxicity, including fatalities. In patients who received TECVAYLI® at the recommended dose in the clinical trial, there was one fatal case of hepatic failure. Elevated aspartate aminotransferase (AST) occurred in 34% of patients, with Grade 3 or 4 elevations in 1.2%. Elevated alanine aminotransferase (ALT) occurred in 28% of patients, with Grade 3 or 4 elevations in 1.8%. Elevated total bilirubin occurred in 6% of patients with Grade 3 or 4 elevations in 0.6%. Liver enzyme elevation can occur with or without concurrent CRS.

    Monitor liver enzymes and bilirubin at baseline and during treatment as clinically indicated. Withhold TECVAYLI® or consider permanent discontinuation of TECVAYLI® based on severity.

    Infections – TECVAYLI® can cause severe, life-threatening, or fatal infections. In patients who received TECVAYLI® at the recommended dose in the clinical trial, serious infections, including opportunistic infections, occurred in 30% of patients, with Grade 3 or 4 infections in 35%, and fatal infections in 4.2%.

    Monitor patients for signs and symptoms of infection prior to and during treatment with TECVAYLI® and treat appropriately. Administer prophylactic antimicrobials according to guidelines. Withhold TECVAYLI® or consider permanent discontinuation of TECVAYLI® based on severity.

    Monitor immunoglobulin levels during treatment with TECVAYLI® and treat according to guidelines, including infection precautions and antibiotic or antiviral prophylaxis.

    Neutropenia – TECVAYLI® can cause neutropenia and febrile neutropenia. In patients who received TECVAYLI® at the recommended dose in the clinical trial, decreased neutrophils occurred in 84% of patients, with Grade 3 or 4 decreased neutrophils in 56%. Febrile neutropenia occurred in 3% of patients.

    Monitor complete blood cell counts at baseline and periodically during treatment and provide supportive care per local institutional guidelines. Monitor patients with neutropenia for signs of infection. Withhold TECVAYLI® based on severity.

    Hypersensitivity and Other Administration Reactions – TECVAYLI® can cause both systemic administration-related and local injection-site reactions. Systemic Reactions – In patients who received TECVAYLI® at the recommended dose in the clinical trial, 1.2% of patients experienced systemic-administration reactions, which included Grade 1 recurrent pyrexia and Grade 1 swollen tongue. Local Reactions – In patients who received TECVAYLI® at the recommended dose in the clinical trial, injection-site reactions occurred in 35% of patients, with Grade 1 injection-site reactions in 30% and Grade 2 in 4.8%. Withhold TECVAYLI® or consider permanent discontinuation of TECVAYLI® based on severity.

    Embryo-Fetal Toxicity – Based on its mechanism of action, TECVAYLI® may cause fetal harm when administered to a pregnant woman. Advise pregnant women of the potential risk to the fetus. Advise females of reproductive potential to use effective contraception during treatment with TECVAYLI® and for 5 months after the last dose.

    ADVERSE REACTIONS

    The most common adverse reactions (≥20%) were pyrexia, CRS, musculoskeletal pain, injection site reaction, fatigue, upper respiratory tract infection, nausea, headache, pneumonia, and diarrhea. The most common Grade 3 to 4 laboratory abnormalities (≥20%) were decreased lymphocytes, decreased neutrophils, decreased white blood cells, decreased hemoglobin, and decreased platelets.

    Please read full
    Prescribing Information, including Boxed WARNING, for TECVAYLI®.

    DARZALEX® INDICATIONS AND IMPORTANT SAFETY INFORMATION

    INDICATIONS
    DARZALEX® (daratumumab) is indicated for the treatment of adult patients with multiple myeloma:

    · In combination with bortezomib, melphalan, and prednisone in newly diagnosed patients who are ineligible for autologous stem cell transplant
    · In combination with lenalidomide and dexamethasone in newly diagnosed patients who are ineligible for autologous stem cell transplant and in patients with relapsed or refractory multiple myeloma who have received at least one prior therapy
    · In combination with bortezomib, thalidomide, and dexamethasone in newly diagnosed patients who are eligible for autologous stem cell transplant
    · In combination with pomalidomide and dexamethasone in patients who have received at least one prior line of therapy including lenalidomide and a proteasome inhibitor
    · In combination with carfilzomib and dexamethasone in patients with relapsed or refractory multiple myeloma who have received one to three prior lines of therapy
    · In combination with bortezomib and dexamethasone in patients who have received at least one prior therapy
    · As monotherapy in patients who have received at least three prior lines of therapy including a proteasome inhibitor (PI) and an immunomodulatory agent or who are double-refractory to a PI and an immunomodulatory agent

    CONTRAINDICATIONS

    DARZALEX® is contraindicated in patients with a history of severe hypersensitivity (eg, anaphylactic reactions) to daratumumab or any of the components of the formulation.

    WARNINGS AND PRECAUTIONS

    Infusion-Related Reactions

    DARZALEX® can cause severe and/or serious infusion-related reactions including anaphylactic reactions. These reactions can be life threatening, and fatal outcomes have been reported. In clinical trials (monotherapy and combination: N=2066), infusion-related reactions occurred in 37% of patients with the Week 1 (16 mg/kg) infusion, 2% with the Week 2 infusion, and cumulatively 6% with subsequent infusions. Less than 1% of patients had a Grade 3/4 infusion-related reaction at Week 2 or subsequent infusions. The median time to onset was 1.5 hours (range: 0 to 73 hours). Nearly all reactions occurred during infusion or within 4 hours of completing DARZALEX®. Severe reactions have occurred, including bronchospasm, hypoxia, dyspnea, hypertension, tachycardia, headache, laryngeal edema, pulmonary edema, and ocular adverse reactions, including choroidal effusion, acute myopia, and acute angle closure glaucoma. Signs and symptoms may include respiratory symptoms, such as nasal congestion, cough, throat irritation, as well as chills, vomiting, and nausea. Less common signs and symptoms were wheezing, allergic rhinitis, pyrexia, chest discomfort, pruritus, hypotension and blurred vision.

    When DARZALEX® dosing was interrupted in the setting of ASCT (CASSIOPEIA) for a median of 3.75 months (range: 2.4 to 6.9 months), upon re-initiation of DARZALEX®, the incidence of infusion-related reactions was 11% for the first infusion following ASCT. Infusion-related reactions occurring at re-initiation of DARZALEX® following ASCT were consistent in terms of symptoms and severity (Grade 3 or 4: <1%) with those reported in previous studies at Week 2 or subsequent infusions. In EQUULEUS, patients receiving combination treatment (n=97) were administered the first 16 mg/kg dose at Week 1 split over two days, ie, 8 mg/kg on Day 1 and Day 2, respectively. The incidence of any grade infusion-related reactions was 42%, with 36% of patients experiencing infusion-related reactions on Day 1 of Week 1, 4% on Day 2 of Week 1, and 8% with subsequent infusions.

    Pre-medicate patients with antihistamines, antipyretics, and corticosteroids. Frequently monitor patients during the entire infusion. Interrupt DARZALEX® infusion for reactions of any severity and institute medical management as needed. Permanently discontinue DARZALEX® therapy if an anaphylactic reaction or life-threatening (Grade 4) reaction occurs and institute appropriate emergency care. For patients with Grade 1, 2, or 3 reactions, reduce the infusion rate when re-starting the infusion.

    To reduce the risk of delayed infusion-related reactions, administer oral corticosteroids to all patients following DARZALEX® infusions. Patients with a history of chronic obstructive pulmonary disease may require additional post-infusion medications to manage respiratory complications. Consider prescribing short- and long-acting bronchodilators and inhaled corticosteroids for patients with chronic obstructive pulmonary disease.
    Ocular adverse reactions, including acute myopia and narrowing of the anterior chamber angle due to ciliochoroidal effusions with potential for increased intraocular pressure or glaucoma, have occurred with DARZALEX infusion. If ocular symptoms occur, interrupt DARZALEX infusion and seek immediate ophthalmologic evaluation prior to restarting DARZALEX.

    Interference With Serological Testing

    Daratumumab binds to CD38 on red blood cells (RBCs) and results in a positive indirect antiglobulin test (indirect Coombs test). Daratumumab-mediated positive indirect antiglobulin test may persist for up to 6 months after the last daratumumab infusion. Daratumumab bound to RBCs masks detection of antibodies to minor antigens in the patient’s serum. The determination of a patient’s ABO and Rh blood type is not impacted. Notify blood transfusion centers of this interference with serological testing and inform blood banks that a patient has received DARZALEX®. Type and screen patients prior to starting DARZALEX®.

    Neutropenia and Thrombocytopenia

    DARZALEX® may increase neutropenia and thrombocytopenia induced by background therapy. Monitor complete blood cell counts periodically during treatment according to manufacturer’s prescribing information for background therapies. Monitor patients with neutropenia for signs of infection. Consider withholding DARZALEX® until recovery of neutrophils or for recovery of platelets.

    Interference With Determination of Complete Response

    Daratumumab is a human immunoglobulin G (IgG) kappa monoclonal antibody that can be detected on both the serum protein electrophoresis (SPE) and immunofixation (IFE) assays used for the clinical monitoring of endogenous M-protein. This interference can impact the determination of complete response and of disease progression in some patients with IgG kappa myeloma protein.

    Embryo-Fetal Toxicity

    Based on the mechanism of action, DARZALEX® can cause fetal harm when administered to a pregnant woman. DARZALEX® may cause depletion of fetal immune cells and decreased bone density. Advise pregnant women of the potential risk to a fetus. Advise females with reproductive potential to use effective contraception during treatment with DARZALEX® and for 3 months after the last dose.

    The combination of DARZALEX® with lenalidomide, pomalidomide, or thalidomide is contraindicated in pregnant women because lenalidomide, pomalidomide, and thalidomide may cause birth defects and death of the unborn child. Refer to the lenalidomide, pomalidomide, or thalidomide prescribing information on use during pregnancy.

    ADVERSE REACTIONS

    The most frequently reported adverse reactions (incidence ≥20%) were: upper respiratory infection, neutropenia, infusion related reactions, thrombocytopenia, diarrhea, constipation, anemia, peripheral sensory neuropathy, fatigue, peripheral edema, nausea, cough, pyrexia, dyspnea, and asthenia. The most common hematologic laboratory abnormalities (≥40%) with DARZALEX® are: neutropenia, lymphopenia, thrombocytopenia, leukopenia, and anemia.
    Please
    click here to see the full Prescribing Information.

    About Johnson & Johnson
    At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.

    Learn more at
    https://www.jnj.com/ or at
    www.innovativemedicine.jnj.com. Follow us at
    @JNJInnovMed. Janssen Research & Development, LLC, Janssen Biotech, Inc., Janssen Global Services, LLC and Janssen Scientific Affairs, LLC are Johnson & Johnson companies.

    Cautions Concerning Forward-Looking Statements
    This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding product development and the potential benefits and treatment impact of TECVAYLI® (teclistamab-cqyv) and DARZALEX FASPRO® (daratumumab and hyaluronidase-fihj). The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson’s most recent Annual Report on Form 10-K, including in the sections captioned “Cautionary Note Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,” and in Johnson & Johnson’s subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at
    www.sec.gov,
    www.jnj.com or on request from Johnson & Johnson. Johnson & Johnson does not undertake to update any forward-looking statement as a result of new information or future events or developments.

    Footnotes
    *Maria-Victoria Mateos, M.D., Ph.D., Consultant Physician in Hematology, University Hospital of Salamanca, has provided consulting, advisory, and speaking services to Johnson & Johnson; she has not been paid for any media work.
    1 TECVAYLI® Prescribing Information. Horsham, PA: Janssen Biotech, Inc.
    2Janssen Research & Development, LLC. A Phase 3 Randomized Study Comparing Teclistamab in Combination With Daratumumab SC (Tec-Dara) Versus Standard Regimens in Relapsed or Refractory Multiple Myeloma (MajesTEC-3). ClinicalTrials.gov. Updated July 20, 2025. Available at: https://clinicaltrials.gov/study/NCT05083169
    3 Raab, Marc, S., et al, Post-Induction Outcomes and Updated Minimal Residual Disease Analysis From GMMG-HD10/DSMM-XX (MajesTEC-5): a Study of Teclistamab-Based Induction Regimens in Newly Diagnosed Multiple Myeloma (NDMM). 2025 International Myeloma Society Annual Meeting. September 2025.
    4 U.S. Food and Drug Administration. FDA Approves TECVAYLI® (teclistamab-cqyv), the First Bispecific T-cell Engager Antibody for the Treatment of Patients with Relapsed or Refractory Multiple Myeloma. October 25, 2022. Available at: https://www.jnj.com/u-s-fda-approves-tecvayli-teclistamab-cqyv-the-first-bispecific-t-cell-engager-antibody-for-the-treatment-of-patients-with-relapsed-or-refractory-multiple-myeloma
    5 Rajkumar SV. Multiple myeloma: 2020 update on diagnosis, risk-stratification and management. Am J Hematol. 2020;95(5):548-5672020;95(5):548-567. http://www.ncbi.nlm.nih.gov/pubmed/322121786 National Cancer Institute. Plasma Cell Neoplasms. https://www.cancer.gov/types/myeloma/patient/myeloma-treatment-pdq. Accessed October 2025.7 City of Hope. Multiple Myeloma: Causes, Symptoms & Treatments. https://www.cancercenter.com/cancer-types/multiple-myeloma. Accessed October 2025.8 American Cancer Society. Key Statistics About Multiple Myeloma. https://cancerstatisticscenter.cancer.org/types/myeloma. Accessed October 2025.9SEER Explorer: An interactive website for SEER cancer statistics [Internet]. Surveillance Research Program, National Cancer Institute. https://seer.cancer.gov/explorer/. Accessed October 2025.10 American Cancer Society. What is Multiple Myeloma? https://www.cancer.org/cancer/multiple-myeloma/about/what-is-multiple-myeloma.html. Accessed October 2025.11 American Cancer Society. Multiple Myeloma Early Detection, Diagnosis, and Staging. https://www.cancer.org/cancer/types/multiple-myeloma/detection-diagnosis-staging/detection.html. Accessed October 2025.


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  • Crédit Agricole et Amundi: Campagne Bourse et investissement

    Agricole is launching its very first co-branded advertising campaign with Amundi, dedicated to the stock market.

    This initiative aims to strengthen the Group’s brand awareness in the investment market by promoting a serious, competitive stock market offering, especially supported by its expert Amundi.

    The objective is to consolidate Crédit Agricole’s position as a key player in this field.

    This campaign mainly targets French people who have a traditional bank as their main bank, who already hold one or more savings or financial products (excluding Livret A saving accounts), but who have not yet taken the leap into the stock market or are seeking personalized advice.

    Special attention is given to the segment of women, identified as key for this campaign.

    Building on the Déon family concept, the campaign highlights the Crédit Agricole’s strength: local support combined with Amundi’s recognised expertise.

    Three video spots broadcast on segmented TV, digital platforms, and YouTube, as well as in print media, billboards, and social media.

    This campaign illustrates Crédit Agricole’s commitment to supporting its clients with seriousness and closeness, relying on Amundi’s expertise to address the challenges of investment in France.

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  • Global collaboration between Volkswagen and Walt Disney Animation Studios for the release of “Zootopia 2” in theaters

    Global collaboration between Volkswagen and Walt Disney Animation Studios for the release of “Zootopia 2” in theaters

    Ahead of the film’s theatrical release in November, Volkswagen have released their co-branded campaign commercial. The 30-second spot builds anticipation for the new animated adventure and shows the Volkswagen models with a ‘Zootopified’ look to match the film as well as featuring Gazelle’s new song. The spot will run in theaters, on TV and across social media worldwide.

    You can watch the spot here.

    Part of the charm of “Zootopia” lies in its humorous reflection of our own world, from the characters’ human-like personalities to the animal-pun parodies of well-known brands. In “Zootopia 2,” audiences will see Volkswagen represented as ‘Wolfswagen’ in the movie, a tongue-in-cheek homage to the brand’s headquarters in Wolfsburg.

    Christine Wolburg, Chief Brand Officer of Volkswagen, says: “Cooperation plays an important role when it comes to effectively implementing emotional storytelling for the Volkswagen brand and reaching new customer groups. ‘Zootopia 2’ shows how important it is to question prejudices and break new ground together in an entertaining way; these are values that Volkswagen also embodies. We are thrilled to collaborate with the Walt Disney Animation Studios to ‘Zootopify’ our brand in the film in a perfectly funny way.”

    Volkswagen has collaborated with The Walt Disney Studios on several occasions, including working with the Star Wars series “Obi-Wan Kenobi” and with Marvel Studios on the film “Ant-Man and The Wasp: Quantumania” as part of the ID. Buzz market launch.

    The advertising campaign is designed differently by Volkswagen companies depending on the country and includes various measures. In Germany, for example, the brand is using the campaign to promote attractive leasing offers for the Golf, ID.7 Tourer, and T-Cross.

    About “ZOOTOPIA 2”
    In Walt Disney Animation Studios’ “Zootopia 2,” rookie cops Judy Hopps (voiced by Ginnifer Goodwin) and Nick Wilde (voiced by Jason Bateman) find themselves on the twisting trail of a great mystery when Gary De’Snake (voice of Ke Huy Quan) arrives in Zootopia and turns the animal metropolis upside down. To crack the case, Judy and Nick must go undercover to unexpected new parts of town, where their growing partnership is tested like never before. The film also features the voices of Fortune Feimster, Andy Samberg, David Strathairn, Idris Elba, Patrick Warburton, Quinta Brunson, Danny Trejo, Nate Torrence, Jenny Slate, Alan Tudyk, Bonnie Hunt, Don Lake and Shakira, who returns as Gazelle. From the Oscar®-winning team of Disney Animation chief creative officer Jared Bush and Byron Howard (directors) and Yvett Merino (producer), “Zootopia 2” opens in theaters Nov. 26.

    The all-new original song “Zoo” is performed by Shakira, who returns as the voice of Zootopia’s biggest pop star, Gazelle.

    Video and visual assets: © 2025 Disney Enterprises, Inc.

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  • Micron will get a boost from supply shortage in memory storage, UBS says

    Micron will get a boost from supply shortage in memory storage, UBS says

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  • In the Democratic Republic of Congo, young people chart a future far from the cobalt mines – African Development Bank Group

    1. In the Democratic Republic of Congo, young people chart a future far from the cobalt mines  African Development Bank Group
    2. Cobalt Chaos: Why China’s EV Giants May Be Forced to Abandon the Metal  Yahoo Finance
    3. TF Securities: Congo (DRC) Quota Released; Strengthening the Short-to-Medium Term Logic for Cobalt  富途牛牛
    4. Cobalt Daily: Cobalt sulfate prices…  Mysteel
    5. DRC cobalt export quotas to support cobalt prices, though challenges loom  S&P Global

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  • Thailand deep dive: beer resilient as wine and cocktails surge

    Thailand deep dive: beer resilient as wine and cocktails surge

    Thailand’s beverage alcohol landscape is undergoing a period of change as imports of beer and whisky contract, with consumers showing a growing thirst for wine and cocktails based on Tequila, rum, vodka and gin.

    According to IWSR data, total beverage alcohol (TBA) volumes in the country rose by +2% in 2024, but were flat over the 2019-24 period – but this apparently lacklustre performance conceals the opportunities in a country characterised by a robust tourist industry and a vibrant on-trade.

    Beer and whisky are traditionally the dominant categories in Thailand. In the premium-and-above price bands beer accounted for over 80% of on-trade volumes in 2024, and blended Scotch was the most lucrative segment, contributing a third of the value generated by spirits sales in the country’s bars, according to IWSR’s on-trade value data.

    But this picture is changing, with wine and white spirits (the latter boosted by a dynamic cocktail culture) becoming increasingly significant in recent years. At the same time, beer imports have fallen back as they struggle to compete with well-known local brands, and blended whisky is showing signs of falling out of fashion.

    “Thailand’s beer category is remaining resilient as it is popular with locals and tourists alike, and home-grown brands are increasingly elevating their branding efforts,” reports Jalene Teng, IWSR Senior Market Analyst. “Wine is a growing category, with the market maturing and consumers gravitating towards it – and white spirits such as Tequila, rum, vodka and gin are fast becoming crowd favourites thanks to their huge popularity in cocktail bars.”

    Wine: tax breaks and health attributes

    Tax reductions introduced by the Thai government during 2024 have helped to boost wine sales further, while also opening the market to a broader selection of products and origins.

    Imported still wine volumes rose by +3% in 2024, according to IWSR data, and are predicted to continue to expand to 2029, at a CAGR of +3%. Sparkling wine imports also grew by +3% last year, although future growth is forecast to moderate, with a 2024-29 CAGR of +1%.

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  • Non-financial misconduct: how the FCA’s new rules could impact acquisitions in financial services

    Non-financial misconduct: how the FCA’s new rules could impact acquisitions in financial services


    The FCA’s latest proposals on non-financial misconduct (NFM) will add an additional factor to corporate transactions in the financial services sector. With new rules extending the regulatory spotlight to a wider range of firms, acquirers should consider NFM risks and policies as part of their due diligence processes. This development is set to influence risk assessment and post-completion integration, making NFM compliance a concern for buyers and sellers alike.

    On 2 July 2025, the Financial Conduct Authority (FCA) published Consultation Paper CP 25/18, outlining new rule changes and proposals to tackle NFM in the financial services industry. NFM refers to the type of serious misconduct described in the new rules and covers behaviour such as bullying, violence and sexual harassment which do not involve financial wrongdoing but can breach regulatory standards and seriously undermine workplace culture. The publication follows concerns being raised by the regulator about NFM behaviours going unchallenged in certain pockets of the industry.

    Previously, only banks were subject to wider scope rules. The new final rules extend the scope of the Code of Conduct (COCON) sourcebook and align the rules more closely between banks and non-banks, so that COCON now applies the conduct rules to staff of all FSMA firms holding a Part 4A permission (eg insurers, consumer credit lenders, asset managers etc) when they are performing tasks for their regulated employer, irrespective of whether or not those tasks are part of the firm’s regulated activities (SMCR financial activities).

    The revised rules have also been adjusted to align more closely with employment law and in particular the definition of ‘harassment’ as set out in the Equality Act 2010.

    The rule changes will come into force on 1 September 2026 and will not apply retrospectively.

    Proposals for consultation include:

    • COCON – The FCA’s proposed amendment to the rules on NFM in COCON. In addition, the FCA will consider providing additional guidance in COCON on how NFM can be a breach of the COCON rules with examples of scenarios illustrating the boundary between work and private life, when conduct is outside of a firm’s SMCR financial activities and when NFM may be out of scope in a non-bank.
    • Fit and Proper test for Employees and Senior Personnel (FIT) – The FCA proposes including explanatory material on how various types of conduct, including NFM, are relevant to fitness and propriety and form part of the FIT section of the FCA Handbook, including the relevancy of similarly serious behaviour in a person’s private or personal life.

    What does this mean?

    • Risk and exposure – The extension of NFM rules means that regulatory risk in relation to workplace conduct will be relevant to a much wider range of transactions. Failure to comply and subsequently address any issues of non-compliance relating to NFM could expose a regulated firm and, as a consequence, a buyer to possible regulatory scrutiny and reputational damage.
    • Due diligence – Buyers considering the acquisition of a financial services business should now assess whether the target has effective policies and procedures in place to address NFM, including checking staff awareness and training. If such policies are absent post-September 2026, it would be advisable to recommend their introduction post-completion and to align the target’s compliance, HR and governance (eg board) with the buyer’s on NFM going forward to ensure regulatory compliance.
    • Integration and governance – Firms should ensure that NFM compliance is integrated into any target’s policies, systems, board reporting and senior management attestations. This will help demonstrate ongoing commitment to regulatory standards and mitigate future risks of both employment claims and regulatory scrutiny, as well as ensuring that a safe workplace culture is being promoted.
    • Communication to staff – Although the COCON rule change does not come into effect until next year, firms are reminded of their duty under section 64B of the Financial Services and Markets Act 2000 to notify staff about the conduct rules and take all reasonable steps to make sure they understand how they apply to them. Firms are expected to keep these requirements under review and will need to update internal conduct documents and training materials to properly reflect the new rules and guidance.

    What’s next?

    The consultation closed on 10 September 2025. The FCA is currently reviewing feedback and is expected to set out its final regulatory approach before the end of the year.

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  • HSR in transition: FY2024 HSR Annual Report shows legacy trends amid a changing environment

    HSR in transition: FY2024 HSR Annual Report shows legacy trends amid a changing environment

    • The resumption of the early termination program has already resulted in a notable increase in the number of early termination requests granted. Based on historical data (FY2011 to FY2020), roughly 79% of early termination requests were granted each year. With the suspension of early termination granting in February 2021, the percentage of transactions granted early termination essentially dropped to 0%. Although the precise percentage of transactions granted early termination may vary, it is reasonable to expect a return to the pre-FY2021 standard. Note, however, that a grant of early termination does not necessarily result in a substantially shorter HSR waiting period.6
    • A renewed willingness on the part of the Agencies to consider remedies is providing merging parties with more avenues to resolve antitrust issues and, ultimately, consummate transactions. This is already playing out in practice, with several transactions in recent months addressing concerns raised by the Agencies via consent decrees and settlements.

    Up next: forthcoming client alerts

    The latest edition of our merger control trends report will delve further into developments in U.S. merger control and impacts on merging parties, as well as provide global trends in merger control enforcement.

    Footnotes

    1. See, e.g., Jonathan Kanter, Assistant Att’y Gen., Antitrust Div., U.S. Dep’t of Just., Remarks to the New York State Bar Association Antitrust Section (Jan. 24, 2022) “[W]hen the division concludes that a merger is likely to lessen competition, in most situations we should seek a simple injunction to block the transaction. It is the surest way to preserve competition.”

    2. Of the total number (2,031) of notified transactions, 1,973 were subject to HSR review. Notified transactions that are not subject to HSR review include: (i) incomplete notifications, (ii) exempt transactions (e.g., which are reviewable by another federal agency but are still subject to filing with the FTC and DOJ), (iii) non-reportable transactions, and (iv) withdrawn transactions.

    3. On February 10, 2025, new HSR rules and merger notification forms came into effect. The new rules and forms were unanimously approved by all five FTC Commissioners, with a concurrence from the DOJ, on October 10, 2024. See our prior client alert on this topic. 

    4. See supra note 3.

    5. The FTC has not yet released September 2025 preliminary HSR Transactions data.

    6. Current reporting suggests that, in some cases, the Agencies are granting early termination shortly before, or on the day of, the end of the 30-day waiting period (see Flavia Fortes and Wesley Brown, Early terminations of US merger period being granted at the last minute, MLEX (Sep. 24, 2025)).

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  • CoreWeave Unveils AI Object Storage, Redefining How AI Workloads Access and Scale Data

    CoreWeave Unveils AI Object Storage, Redefining How AI Workloads Access and Scale Data

    LIVINGSTON, N.J. – October 16, 2025 – CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today announced CoreWeave AI Object Storage, an industry-leading fully managed object storage service built from the ground up specifically for AI workloads. Powered by CoreWeave’s Local Object Transport Accelerator (LOTA) technology, CoreWeave AI Object Storage makes a single dataset instantly accessible, anywhere in the world, without any egress charges or request/transaction fees restricting how or where it’s used. 

    AI performance hinges on data mobility – timing and access to the right data can make or break innovation. High-performance AI training relies on large datasets located near GPU compute clusters. Conventional cloud storage is not engineered for that level of throughput or flexibility, leaving developers constrained by latency, complexity, and cost. 

    “As the essential cloud for AI, every decision at every layer is focused on optimizing for efficiency and performance,” said Peter Salanki, Co-Founder and Chief Technology Officer at CoreWeave. “Now, we are rethinking storage from the ground up. We’ve built a system where data is no longer confined by geography or cloud boundaries, giving developers the freedom to innovate without friction or hidden costs. This is a truly game-changing shift in how AI workloads operate.” 

    Unlike traditional object storage, which is constrained to one portion of your IT infrastructure, CoreWeave AI Object Storage performance scales as AI workloads grow and maintains superior throughput across distributed GPU nodes from any region, on any cloud, or on-premises. Private interconnects, direct cloud peering, and 400 GBps-capable ports ensure the data integrity of trillions of objects for workloads across the globe. This multi-cloud networking backbone ensures developers everywhere get the same high-throughput GPU performance without dealing with data sprawl or resource-heavy data replication.

    CoreWeave is also introducing three automatic, usage-based pricing tiers that provide more than 75 percent lower storage costs for our existing customers’ typical AI workloads. With no egress, request, or tiering fees, the new model gives customers greater flexibility and visibility, aligning costs directly with usage while constantly maintaining CoreWeave’s unmatched performance and simplicity. This makes CoreWeave AI Object Storage one of the most cost-efficient, developer-friendly storage options in the industry.

    “At Replicate, our mission is to make it simple for developers to run and share machine learning models at scale. That requires storage that is both fast and flexible across environments,” said Morgan Fainberg, Principal Engineer at Replicate. “With CoreWeave’s cross-cloud capabilities in CoreWeave AI Object Storage, we can rely on a single dataset to support models no matter where they’re deployed. This eliminates replication overhead, removes egress costs, and ensures our users always have high-performance access to the data they need to innovate.”

    Today’s announcement marks the latest step in CoreWeave’s ongoing expansion of its software ecosystem. Last week, CoreWeave announced ServerlessRL, the first publicly available, fully managed reinforcement learning capability. CoreWeave fosters a diverse and open AI ecosystem, with its technology team consistently setting new standards for performance, demonstrated by the company’s industry-leading MLPerf benchmark for AI workloads and Platinum rating in the SemiAnalysis ClusterMAX™ system.

    CoreWeave is committed to redefining what it means to power AI. The company’s cloud platform unites the essential tools from high-performance computing to the critical software layer builders rely on to develop, test, and deploy AI at scale. CoreWeave continues to expand its capabilities through organic innovation, by supporting founders with capital and compute through CoreWeave Ventures, and with strategic acquisitions including OpenPipe, advancing reinforcement learning; Weights & Biases, powering model iteration, experiment tracking, and inference; and the pending acquisition of Monolith AI, which applies machine learning to complex physics and engineering challenges. 

    Additional Supporting Quotes:

    “With cross-region and cross-cloud acceleration, CoreWeave is delivering what developers need most: consistent, high-throughput access to a single dataset without replication,” said Holger Mueller, Vice President and Principal Analyst at  Constellation Research. “Leveraging technologies like LOTA caching and InfiniBand networking, CoreWeave AI Object Storage ensures GPUs remain efficiently utilized across distributed environments, a critical capability for scaling next-generation AI workloads.”

    “While benchmarking LMCache with Cohere to store large volumes of KV-cache across a distributed cluster, we were truly impressed by the performance of LOTA, the technology behind CoreWeave AI Object Storage. Its speed and scalability are key to minimizing time-to-first-token (TTFT) and maximizing LLM throughput—regardless of context size,” said Juchen Jiang, CEO, Tensormesh

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