RAID (Redundant Array of Independent Disks) is a storage technology that combines multiple disk drives into a logical unit. It distributes data across several RAID levels for fault tolerance and improved performance. In 1987, researchers first defined RAID levels 1-5, which standardized how data is striped and mirrored across disks. Today there are several standard RAID levels that provide different balances of performance, capacity, and fault tolerance through techniques like data striping, mirroring, and parity.