Sony Corp. said Wednesday it has developed a new type of magnetic tape that can record 20 times more data than previously possible, a technology that could be useful as the spread of cloud computing and artificial intelligence call for more memory space and a dependable way to preserve data.The technology, developed in collaboration with IBM Research's Zurich laboratory, can store approximately 330 terabytes -- roughly equal to data used for 80,000 movies -- per cartridge compared with 15 terabytes on conventional magnetic tapes.Sony is looking to commercialize the technology soon but has n…READ FULL ARTICLE