Issue in MacStudio M2 Ultra Highest config

Hey there! Just completed a fresh install of OS Sonoma 14.6.1 and got my Cubase 13 Pro using the Steinberg Download Assistant. However, encountering issues when running Cubase - it’s stopping for about 20 seconds on VST Connect Bundle and 20 seconds on Media Bay before opening.
Have formatted my system two times and followed the installation steps again (fresh system with only Cubase but no libraries or VSTs installed). Any suggestions would be greatly appreciated.