diff --git a/pkgs/development/python-modules/llama-index-llms-ollama/default.nix b/pkgs/development/python-modules/llama-index-llms-ollama/default.nix
index 029a2d5d9275..4cd284af9199 100644
--- a/pkgs/development/python-modules/llama-index-llms-ollama/default.nix
+++ b/pkgs/development/python-modules/llama-index-llms-ollama/default.nix
@@ -10,7 +10,7 @@
 
 buildPythonPackage rec {
   pname = "llama-index-llms-ollama";
-  version = "0.4.1";
+  version = "0.5.0";
   pyproject = true;
 
   disabled = pythonOlder "3.8";
@@ -18,7 +18,7 @@ buildPythonPackage rec {
   src = fetchPypi {
     pname = "llama_index_llms_ollama";
     inherit version;
-    hash = "sha256-MkLlJtsh3/TnuwQzAhN2BklrSQ8GOcJoDcwok9QWJw8=";
+    hash = "sha256-88DaBPhUB5Az7jwbER4JdFYAW5o4Z+1LtJuNKOSg8zY=";
   };
 
   build-system = [ poetry-core ];