Open-Source AI Tool Ollama Raises $65 Million
TechCrunch AI · rss · 2026-07-09
Ollama, an open-source tool enabling developers to run large models easily on local PCs, announced a $65 million funding round. The project has garnered 176,000 GitHub Stars and grown its user base to nearly 9 million, highlighting robust demand for on-device AI deployment.
More from Venture
- Fluidstack raises $830M at $7.5B valuation as Anthropic backs a $50B compute buildout — rohanpaul_ai · 2026-07-21
- Kimi K3 sparks a reset in AI infrastructure value capture, with Bittensor subnets in focus — markjeffrey · 2026-07-21
- Nic Carter argues cheaper AI tokens may break OpenAI and Anthropic’s current business models — markjeffrey · 2026-07-21
- AI growth commitments are disclosed capital spending, not “hidden debt,” says investor — DarinFeinstein · 2026-07-21
- Scott Galloway says Bret Taylor could lead OpenAI after a possible $10B Sierra deal — damianplayer · 2026-07-21
- CuspAI reportedly raises $450 million with backing from Jeff Bezos and Sovereign AI — mpuchala · 2026-07-21