Fujifilm to raise data tape production fivefold as AI drives storage demand

First reported by The Next Web at · Updated · 2 sources

AI data centres are creating a growing need for storage, and Fujifilm is betting that one of the oldest technologies in the business still has a place in the future. The Japanese company will invest ¥10 billion (€56 million) to increase its magnetic tape production capacity fivefold.

Covered by 2 publishers within 3 hours of the first report.

Summary from The Next Web.

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Topics Data centers