Fujifilm to boost tape production 5x as AI fuels archiving demand
The massive datasets created and required by generative AI are driving substantial infrastructure growth across the storage supply chain, including legacy archival mediums like magnetic tape.
What happened
Fujifilm announced an investment of roughly $63 million to increase its magnetic tape production capacity fivefold between fiscal years 2026 and 2028. The company cited exponential growth in global data archiving needs driven by the spread of generative AI as the primary reason for the expansion.
Who it’s about
- Fujifilm
Source
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