Magnetic tape storage is booming again, thanks to AI's unquenchable hunger for data

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Magnetic Storage Bubble: The Linear Tape-Open (LTO) format was designed back in the 90s as an open-standard alternative to proprietary tape formats. Now, the magnetic storage technology is growing in both relevance and shipment volumes because AI companies can't seem to stop gobbling up digital data for LLM training and inference workloads.

The now-defunct DOGE initiative tried to get rid of magnetic tapes for alleged efficiency reasons, but the "legacy" storage format is now more popular than ever. According to the LTO Consortium, the combined shipped capacity of LTO-compatible media experienced substantial growth during the first quarter of the year. And things could have been even better if geopolitical uncertainties hadn't affected the market and companies' business goals.

Consisting of HPE, IBM, and Quantum Corporation, the LTO Consortium works to promote and license...

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