Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on Github by helping developers easily run AI on their PCs.

Benchmark raises its first-ever growth fund as part of $2B capital raise

The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.

Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting

Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet ten years ago before agreeing to hear Cerebras’ pitch.

Gumloop lands $50M from Benchmark to turn every employee into an AI agent builder

As companies race to adopt AI, Benchmark general partner Everett Randle believes the key to success lies in empowering every worker with AI superpowers, and Gumloop’s intuitive agent builder is an example of the kind of tool that will unlock that poten…