CoreWeave announced on October 16, 2025, the launch of CoreWeave AI Object Storage, a fully managed object storage service specifically engineered for AI workloads. The platform features the company's Local Object Transport Accelerator (LOTA) technology, enabling instant global dataset accessibility without egress charges or request/transaction fees. The service provides cross-cloud and cross-region acceleration with private interconnects and 400 GBps-capable ports, while offering three automatic usage-based pricing tiers that deliver more than 75 percent lower storage costs for typical AI workloads compared to existing solutions. This announcement follows CoreWeave's recent ServerlessRL launch and represents a significant expansion of the company's AI infrastructure ecosystem, positioning it as a comprehensive cloud platform for AI development. The stock showed positive momentum with a pre-market price of $140.80 (+1.12%) following the previous session's close at $139.24 (+3.86%), reflecting investor enthusiasm for CoreWeave's expanding product portfolio and competitive positioning in the AI infrastructure market.