EventBusinessNovember 3, 2026

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

Read original source →arstechnica.com

Fujifilm will invest roughly ¥10 billion (~$63 million) to raise LTO magnetic tape capacity fivefold versus fiscal 2025 levels at its Kanagawa Odawara site, running FY2026–2028. It cites "exponential growth" in data from generative AI and will mainly produce LTO Ultrium10 tape.

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