SignalStack
Back to feed

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

Read original

AI summary

Fujifilm is investing $63 million to quintuple tape production because generative AI’s massive data growth is driving unprecedented demand for long-term archiving solutions.

AI-generated summary. Check the original reporting for context and accuracy.

Source excerpt

This is the available feed excerpt, which may be shortened or in the publisher’s original language.

In an announcement released Thursday, Fujifilm said it will invest roughly 10 billion yen (about $63 million) to increase its production capacity fivefold for an unlikely beneficiary of the AI era: magnetic tape. Fujifilm attributes the surge in archiving demand to the spread of generative AI, which the company remarked is producing "exponential growth" in data needs worldwide. The 5x increase in production capacity will be measured against fiscal year 2025 production levels. The investment in Fujifilm's Kanagawa Factory, Odawara site will make it "the largest investment Fujifilm has made to date in dedicated LTO tape facilities." The project will run from fiscal years 2026 through 2028 to fund manufacturing expansion and additional personnel, primarily to produce the latest-generation "FUJIFILM LTO Ultrium10" tape.Read full article Comments

About priority

An automated sorting aid based on source trust, keywords, and entities, on a scale of 1–12. High: 9–12; medium: 6–8; low: 1–5. It does not measure urgency, verify reporting, or indicate editorial endorsement.

More in this topic