Fujifilm is putting about $63M into a 5x expansion of magnetic tape capacity because generative AI is driving exponential data growth and cloud operators keep archiving to tape. Air-gapped, cheap per

What happened: Fujifilm said it will invest about 10 billion yen to increase magnetic tape production capacity fivefold at its Kanagawa Factory, Odawara site, citing archiving demand from generative AI. Key numbers: Roughly 10 billion yen (about $63 million). Fivefold capacity increase measured against fiscal year 2025 levels. Project runs fiscal years 2026 through 2028. Why it matters: Fujifilm called the project its largest investment to date in dedicated LTO tape facilities, and said generative AI is producing exponential growth in data needs worldwide.

Fujifilm said it will invest about 10 billion yen to increase magnetic tape production capacity fivefold at its Kanagawa Factory, Odawara site, citing archiving demand from generative AI.

Fujifilm called the project its largest investment to date in dedicated LTO tape facilities, and said generative AI is producing exponential growth in data needs worldwide.