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Toshiba exec claims hard drives are 7X cheaper than SSDs and will continually evolve for large datacenters
(www.tomshardware.com)
this post was submitted on 23 Dec 2023
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Being in an HPC-adjacent field, can confirm.
Looking forward to LTO10, which ought to be not far away.
The majority of what we've got our eye on for FY '24 are SSD systems, and I expect in '25 it'll be everything.