Lambda Cloud Storage is now available in open beta, offering a high-speed filesystem for GPU instances. Persistent storage is free of charge and capped at 10TB per account during this extended open beta period. To create a persistent filesystem, users can log into their Lambda GPU Cloud dashboard and follow the provided steps to name and create the filesystem. The new filesystems can be attached to multiple instances simultaneously, allowing for flexible data management. Users must ensure that dependencies are reinstalled upon launching a new instance with the same filesystem, as they will not persist. This feature is available for all A6000 and V100 instances in the open beta period.