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Fujifilm to boost tape production fivefold as AI drives archiving demand

AIFujifilm will invest about 10 billion yen (roughly $63 million) to raise LTO tape production capacity fivefold against fiscal 2025 levels, with the project running from fiscal 2026 through 2028. The company attributes the rising demand to generative AI, which it says is driving exponential growth in data needs, and it is focusing on the LTO Ultrium10 tape at its Kanagawa Factory, Odawara site.
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Ars Technica · AI · Nick Indge · arstechnica.comPublished · added here

Original title: Fujifilm to boost tape production 5x as AI fuels archiving demand