is there any updates on this? With the impending State of Unreal within the next few hours, I’m hesitant to use the launcher, just to download or access Unreal Engine updates.( let alone the other issue involving reporting available Vault Cache Updates regardless of updates, which may be a related issue?)
I can confirm this issue even applies on new installs, whether it is on Mac OS( only tested on Apple Silicon), or on Windows, even before Unreal Engine is installed, or any assets are downloaded.
Edit:
So apparently there is going to be a new Launcher that may not be based on Unreal Engine. Fingers crossed, it will get rid of the high VRAM Usage at once.