AI
Ollama Raises $65M as Local AI Models Go Mainstream
Ollama, the largest open-source platform for running AI models locally, closed a $65M Series B led by Theory Ventures. Here is why local inference is surging.
Noel Saldanha
ContributorNoel Saldanha is a contributor at Fathom, covering AI agents, open-source models and the tooling around them. His beat is the part of the industry that ships without a press release: open-weight releases, agent frameworks, protocol work such as MCP, and the developer infrastructure that decides what independent builders can actually make. He also covers where AI meets fintech and blockchain, including agent-to-agent payments and the stablecoin rails being built for machine transactions, a subject he approaches with more scepticism than most of its advocates. He is interested in the distance between a demo and a deployment, and in what open weights mean in practice once licence terms and compute requirements are taken into account.
Articles by Noel Saldanha (2)
AI
Affleck’s AI Startup Soars As Netflix Reveals $587M Price Tag
Netflix paid $587 million in cash for Ben Affleck's 16-person AI filmmaking startup InterPositive, integrating its post-production tools directly into its.
AI
ChatGPT Enterprise Makes Breakthrough Dropbox Power Move
OpenAI formally integrated Dropbox into ChatGPT Enterprise, letting businesses query stored files directly inside the AI interface without switching tools.
AI
AI Smartphone Wars: China’s Brutal Push Crushes 7 Chipmakers
AI Smartphone race heats up as ZTE unveils its first AI-native lineup, joining 13 Chinese brands and intensifying pressure on chipmakers.
AI
Nolan Spent $250M On The Odyssey — AI Did It First For Under $50K
The Odyssey gets a 135-minute AI rival, Odysseus The Fall, made for under $50,000, signaling a cheaper model for film production.
AI
OpenAI’s CFO Launches a Brutal Reality Check on AI Spending
OpenAI CFO Sarah Friar launched a four-metric AI scorecard to help enterprises prove AI returns and defend spending to company boards.
AI
Meta Is Hiring From Amazon’s Cloud Division to Lead Its Compute Push — From the Rival It May Soon Challenge
Meta is recruiting a top Amazon cloud executive as its AI infrastructure investment surpasses $50 billion, with a 5GW Louisiana data center now in play.
AI
Alphabet Stock Plunges on Gemini 3.5 Pro Delay — Google’s AI Race Just Turned Cold
Pro Delay pushes Gemini 3.5 Pro back several months over coding issues, pressuring Alphabet shares as AI rivals advance their frontier models.
AI
Fireworks AI Soars to Explosive $17.5 Billion Valuation
Fireworks AI closed a $1.5 billion funding round at a $17.5 billion valuation, cementing its place among the most valuable AI infrastructure companies in the.