Fujifilm to boost magnetic tape capacity 5x as AI data storage demand grows

T2Covered by 1 source · first reported by DigiTimes (headlines) at 28 Oct, 02:55 UTC

Fujifilm will invest JPY10 billion (US$63.3 million) to increase its magnetic tape production capacity 5x by fiscal 2028, in response to rising demand for long-term data storage as artificial intelligence expands global data generation.