The Ollama Effect: Open Source AI Tools Redefine the Developer Landscape The recent $65 million Series B funding round for Ollama, a popular open source AI tool, has generated significant interest in the tech community.
With nearly 9 million users and a valuation that's likely to be substantial, Ollama is an example of how open source projects are giving birth to new companies pursued by venture capitalists.
Ollama's success can be attributed in part to its founders' experience with Docker Desktop. Jeff Morgan and Michael Chiang know firsthand the challenges of getting cloud applications up and running on desktops.