Ollie, a privacy-focused AI assistant, is closing its operations next week, according to TechCrunch. The startup's founder announced the shutdown as the market becomes increasingly saturated with AI assistants. The decision comes as more AI-powered assistants enter the market, making it difficult for privacy-centric alternatives to compete, the Guardian reported. Ollie had positioned itself as a privacy-first option for users concerned about data collection and surveillance. The company did not provide specific details about user numbers or financial challenges, but the founder indicated that sustaining the privacy-focused model proved unsustainable long-term. The service will remain available for one more week before complete shutdown.

Source: TechCrunch.