April 24, 2012 – Google unveiled its personal cloud on Tuesday, with up to 1 terabyte of file and media storage, connections to its widely used online document programs and a tongue-in-cheek attitude on the rumors that had surrounded it.

Likening Google Drive to the Loch Ness Monster, Google’s SVP of Chrome and Apps Sundar Pichai said in a news release that the cloud offering “actually does exist.” Google Drive carries personal documents and multimedia uploaded onto its servers, with additional access from a Drive app and the planned release of an app for iOS devices. Drive starts with 5 gigabytes of free storage, with payment tiers for storage capacity upgrades up to 1 terabyte, putting its perspective users between smaller businesses and savvy personal customers.

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