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Open-Source AI Tool Ollama Secures $65M Following Massive User Growth

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Open-Source AI Tool Ollama Secures $65M Following Massive User Growth
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The Gist

“Ollama, the developer favorite for running AI models locally, has raised $65 million in new funding as its user base nears 9 million.”

Ollama, the open-source platform that simplifies running large language models on local hardware, has successfully raised $65 million in a funding round led by Benchmark. The investment highlights the surging demand for developer tools that facilitate private, offline AI execution without the need for complex cloud infrastructure.

Rapid Community Adoption

The platform has seen explosive growth within the developer community, amassing nearly 9 million users to date. Its popularity is further evidenced by its GitHub presence, where it has secured 176,000 stars and nearly 17,000 forks, making it one of the most significant projects in the local AI space.

By allowing developers to run AI directly on their PCs, Ollama bridges the gap between high-performance model capabilities and hardware accessibility. This latest capital injection is expected to support the expansion of the team and the continued development of features that streamline the deployment of open-source models.

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