Fujifilm to boost tape production 5x as AI fuels archiving demand
Low costs and offline security mean magnetic tape still has a job.
Low costs and offline security mean magnetic tape still has a job.
The short version
- In an announcement released Thursday, Fujifilm said it will invest roughly 10 billion yen (about $63 million) to increase its production capacity fivefold for an unlikely beneficiary of the AI era: magnetic tape.
- Fujifilm attributes the surge in archiving demand to the spread of generative AI, which the company remarked is producing “exponential growth” in data needs worldwide.
- The 5x increase in production capacity will be measured against fiscal year 2025 production levels.
What happened
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Why it matters
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