Olares, a technology startup dedicated to open and local AI, today announced the upcoming launch of its debut product, Olares One, a personal AI cloud that delivers cloud‑level AI performance with local processing and data ownership by design. The company is backed by a $45 million Series A funding round led by SIG. Engineered for AI enthusiasts, content creators, developers, and privacy-conscious businesses, Olares One packs server-grade strength into a whisper-quiet desktop form factor. It features an NVIDIA GeForce RTX 5090 Mobile GPU (24 GB GDDR7), an Intel Core Ultra 9 275HX processor, and 96 GB of RAM.

"Our goal is to return control of AI to the individual," said Peng Peng, Founder of Olares. "With Olares One, we are providing the powerful hardware and open software needed to run advanced AI models locally. This empowers users to leverage the benefits of AI with the confidence that their privacy is protected."