Big Data

Magnetic tape storage has found a new lease of life with a record 152.9 exabytes shipped worldwide in 2023 — and the rise of generative AI is a key factor

Magnetic tape storage might be one of the oldest storage technologies, but it appears to have found a new lease of life thanks to the generative AI boom.

A record 152.9 exabytes of total (compressed) tape capacity was shipped in 2023, according to the report from the companies behind the Linear Tape-Open Technology (LTO) program, namely Hewlett Packard Enterprise (HPE), IBM, and Quantum.


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