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Ollie shuts down in a week

Privacy-focused assistant Ollie is closing after raising $7.5M from Khosla Ventures. Co-founder Bill Lennon stated the app could not compete with increasingly powerful language models despite its focus on user privacy.

Field
applying language models
What they did
The company Ollie, which created a text-based AI assistant, will shut down its service in a week.
Why it matters
The app was built to help families stay connected and organized, but it did not gain enough traction to justify the ongoing costs.
#ollie#ai assistant#privacy#khosla ventures#seed round

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