Fujifilm is spending $63 million on a medium it first made in the 1950s.

Fujifilm says cloud giants are expanding tape use because it stores vast data cheaply.

Cartridges can be disconnected and stored in a vault, where ransomware cannot reach them, Fujifilm says.

The 10 billion yen investment runs through fiscal 2028, mainly to make its latest Ultrium10 tape.

How each outlet framed it
Ars Technica
argues tape's low cost and offline security explain its AI-era demand, with the 1950s Fujifilm history and barium ferrite lineage

Sources: Ars Technica