Fujifilm to boost tape production 5x as AI fuels archiving demand
Ars Technica
Low costs and offline security mean magnetic tape still has a job. 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.
Summary drawn from Ars Technica's own description of the story.