Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Core Insights - Seagate is developing a 100-terabyte hard drive by 2030 to meet the increasing demand from data centers driven by the AI boom [1][2] - The new drive will have approximately three times the capacity of Seagate's current largest model, the 36-terabyte Exos M [2] - Seagate positions itself as a key player in the AI sector, highlighting the necessity of high-capacity storage solutions to support market growth [2] Company Developments - Seagate's chief commercial officer, BS Teh, emphasized the strong demand for high-capacity drives, indicating that the market requires such advancements [2] - The company has been adapting its strategy to align with the needs of the AI industry, which has primarily benefited hardware manufacturers like Nvidia [2] Industry Context - The AI boom is creating significant demand for data storage solutions, with Seagate aiming to be a critical enabler in this space [2] - The current landscape shows that no other technology can match the storage capacity that Seagate is targeting, underscoring the company's potential role in the evolving market [2]