diff --git a/stacks/ollama/devfile.yaml b/stacks/ollama/devfile.yaml
index 33d137428..bcc04b500 100644
--- a/stacks/ollama/devfile.yaml
+++ b/stacks/ollama/devfile.yaml
@@ -42,7 +42,7 @@ components:
           memory: 8Gi
           # nvidia.com/gpu: 1 # Uncomment this if the pod shall be scheduled only on a GPU node
   container:
-    image: docker.io/ollama/ollama:0.1.38
+    image: docker.io/ollama/ollama:0.3.7
     mountSources: true
     sourceMapping: /.ollama
 commands: