Google will offer free and premium versions of its Google Drive

Google is expected to launch its new cloud storage service, "Google Drive," as early as today.

Google Drive will be an online storage service where users can keep photos, documents and other types of content stashed away safely in the cloud. The user can then access their content later from a variety of Internet-enabled devices like smartphones, tablets and computers.

Google will offer free and premium versions of its Google Drive. The free version allows for 5 GB of storage, while premium versions can go as high as 100 GB for a certain price per month.

The move into cloud storage is expected to link Google's other ventures into the mix, such as ties with Android-based devices, Search and Google advertising.

The cloud has become a popular new form of online storage. Last June, Apple rolled out its iCloud service, which also allowed a 5 GB free version as well as premium versions for an annual fee. Apple's pricing includes 10 GB for $20 per year, 20 GB for $40 per year and 50 GB for $100 per year.

In addition to Apple, Amazon released its Cloud Drive/Cloud Player combo last March. Best Buy followed with its Music Cloud service in June 2011, Microsoft then released its SkyDrive file hosting service in November, and just yesterday, Adobe launched its Creative Cloud service alongside Photoshop CS6/Photoshop CS6 Extended for a hefty fee of $29.99 to $49.99 per month. 

Google hasn't mentioned what its premium Drive services will cost yet, but is expected to announce the details during launch.

Updated @ 1:00pm EST
Google Drive is now officially open for business.

Source: Yahoo

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