diff --git a/charts/stable/ollama/Chart.yaml b/charts/stable/ollama/Chart.yaml
index aa429e9562d..ee770d8b8ac 100644
--- a/charts/stable/ollama/Chart.yaml
+++ b/charts/stable/ollama/Chart.yaml
@@ -6,7 +6,7 @@ annotations:
   truecharts.org/min_helm_version: "3.11"
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 0.1.46
+appVersion: 0.1.47
 dependencies:
   - name: common
     version: 24.1.2
@@ -35,4 +35,4 @@ sources:
   - https://github.com/truecharts/charts/tree/master/charts/stable/ollama
   - https://hub.docker.com/r/ollama/ollama
 type: application
-version: 7.1.6
+version: 7.1.8
diff --git a/charts/stable/ollama/values.yaml b/charts/stable/ollama/values.yaml
index 6b8bf0030b5..a201cb84faa 100644
--- a/charts/stable/ollama/values.yaml
+++ b/charts/stable/ollama/values.yaml
@@ -1,11 +1,11 @@
 image:
   repository: ollama/ollama
   pullPolicy: IfNotPresent
-  tag: 0.1.46@sha256:d257e66e8ea5f6d6cc57fecb2a3d23b7911f35171a27c503e60e93f1f286aa06
+  tag: 0.1.47@sha256:cbfcbf6a755e5bacb6e1a7bf13d9b6d8acd2856f8fe300faf65d8e153cfa9dd3
 rocmImage:
   repository: ollama/ollama
   pullPolicy: IfNotPresent
-  tag: 0.1.46-rocm@sha256:ae28b7c23997401bd1059715207984f6f4f977961948415ef4c513c9fcfb74c6
+  tag: 0.1.47-rocm@sha256:163f08b4b571ea97f19244debb65302e2748a24fc9dca983d0ae45a45464029c
 uiImage:
   repository: ghcr.io/open-webui/open-webui
   pullPolicy: IfNotPresent