Olares

About Olares

Olares is a technology startup focused on open and local AI, enabling users to own their AI by owning their data. The company was founded by Peng Peng. In November 2025, Olares announced it had secured $45 million in a Series A funding round led by SIG. The company's mission is to democratize AI by making it local, secure, and accessible through its open-source personal cloud operating system, Olares OS.

The flagship product is the Olares One, a personal AI cloud device that delivers cloud-level performance with local processing. This device is engineered for AI enthusiasts, developers, content creators, and privacy-conscious businesses. It features high-performance hardware, including an NVIDIA GeForce RTX 5090 Mobile GPU, an Intel Core Ultra 9 275HX processor, and 96 GB of RAM, all within a quiet desktop form factor. The business model involves the sale of this hardware, which comes pre-loaded with the Olares OS. The operating system itself is open-source, following a model similar to Android, which allows manufacturers to license and distribute hardware running Olares. This fosters an ecosystem of hardware offerings and partnerships.

The Olares OS is designed to transform edge devices into a robust personal cloud, allowing users to self-host a variety of applications. It includes the Olares Market, a one-click platform for deploying AI applications without needing technical expertise. Core components of the ecosystem include Olares ID, a decentralized identity system, and LarePass, a client for secure access and management across devices. The system supports a unified file system, single sign-on capabilities, and enterprise-grade security. Users can run open-source AI models, manage private knowledge bases, create self-hosted workspaces, and operate private media servers, all while maintaining data privacy and control.