diff --git a/charts/stable/ollama/Chart.yaml b/charts/stable/ollama/Chart.yaml
index e0673a12336..abdf4986b6c 100644
--- a/charts/stable/ollama/Chart.yaml
+++ b/charts/stable/ollama/Chart.yaml
@@ -9,7 +9,7 @@ annotations:
   trueforge.org/min_helm_version: "3.14"
   trueforge.org/train: stable
 apiVersion: v2
-appVersion: 0.30.11
+appVersion: 0.31.0
 dependencies:
   - name: common
     version: 29.6.0
@@ -38,5 +38,5 @@ sources:
   - https://github.com/trueforge-org/truecharts/tree/master/charts/stable/ollama
   - https://hub.docker.com/r/ollama/ollama
 type: application
-version: 9.19.0
+version: 9.21.0
 
diff --git a/charts/stable/ollama/values.yaml b/charts/stable/ollama/values.yaml
index 8b33463fd6c..32fc5a6dc27 100644
--- a/charts/stable/ollama/values.yaml
+++ b/charts/stable/ollama/values.yaml
@@ -2,11 +2,11 @@
 image:
   repository: docker.io/ollama/ollama
   pullPolicy: IfNotPresent
-  tag: 0.30.11@sha256:c484b703176aa19dfc0a54cbfb60ab8094b38faa04283fb77eba1d33319e5eca
+  tag: 0.31.0@sha256:02e36fe162a0b008d452f8a5ce034ac2f8e47e2e1f3a40bca1159ce9fc593da3
 rocmImage:
   repository: docker.io/ollama/ollama
   pullPolicy: IfNotPresent
-  tag: 0.30.11-rocm@sha256:c8346b53b097b41f8ed61c92dc9f660d89fac6fc55f6f7f43e086be20095eb70
+  tag: 0.31.0-rocm@sha256:242a023325bc621ded8f4409356982d695b5e81b00fbfb3eb35ddacbe398f9fb
 uiImage:
   repository: ghcr.io/open-webui/open-webui
   pullPolicy: IfNotPresent