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✉news TechnologySoftware first seen 11 h ago, last 46 min ago, peak #1

Maker of Open-Source AI Assistant Hermes Raises $90 Million

Original: Maker of Open-Source AI Assistant Hermes Secures $90 Million

Nous Research, the maker of the open-source AI assistant Hermes, has secured $90 million in funding, the Wall Street Journal reports. The funding underscores growing investor interest in open-source artificial intelligence, as backers bet that openly available models can challenge closed systems from major AI companies. Details on the investors and valuation have not yet been disclosed.

Why now: Fresh funding for an open-source AI startup signals rising investor appetite for alternatives to closed AI models.

Nous ResearchHermes

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