"Fujitsu has announced a new technology called Virtual Integrated File System that it says could help magnetic tape storage compete with hard disk drives as a low-cost, large capacity storage alternative... This iteration will deliver capacities up to 26.1TB (uncompressed) and raw throughput of up to 708MB/sec."
It's essentially RAID for magnetic tape storage, which could be a cheaper and faster alternative to large capacity hard drives.
Original link: https://www.techradar.com/news/tape-could-replace-hard-drives-in-some-cases-thanks-to-this-breakthrough