Key Info
Ollama CEO Jeffrey Morgan says open models are less than three months behind frontier closed models, and the next problem to solve is extreme efficiency — opening up new opportunities for founders to coordinate fast, cheap models for complex tasks.
Highlights
- Open models are "good enough for 80% of the tasks," and are "really fast" and "ultra cheap," making them the first class of models that will drive widespread adoption.
- Ollama is used by 9 million developers and 85% of the Fortune 500, and token usage on Ollama Cloud has grown 150x since the start of the year.
- The shift toward open models is driven by coding agents, falling costs, and capabilities rapidly catching up to frontier labs.