Google Launches Google Drive Cloud Storage Service
 

Yesterday, Google introducing Google Drive�a place where We can create, share, collaborate, and keep all of your stuff. Whether We are working with a friend on a joint research project, planning a wedding with your fianc� or tracking a budget with roommates, We can do it in Drive. You can upload and access all of your files, including videos, photos, Google Docs, PDFs and beyond.

I believe its a new version of google documents.