Fujifilm to boost tape output 5x with $63M AI-driven bet

Citing exponential data growth from generative AI, Fujifilm will invest roughly ¥10 billion (about $63 million) to raise LTO tape capacity to five times fiscal 2025 levels from FY2026 through FY2028. The Odawara site expansion, mainly for LTO Ultrium10 tape, is its largest dedicated tape-facility investment to date.