Fujifilm is making a significant move to expand its magnetic tape production capacity fivefold, responding to a surge in demand driven by artificial intelligence applications. This marks the company’s largest investment in magnetic tape manufacturing in about 20 years, reflecting the medium’s renewed importance for data backup in data centers, financial institutions, and research organizations. As AI workloads grow, the need for reliable offline data storage has revived interest in magnetic tape technology, highlighting its role in critical data preservation. This development underscores how AI is reshaping not just software but also hardware and infrastructure sectors. Read the full story at Nikkei Asia.
