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Hermes AI Assistant Maker 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 raised $90 million, according to the Wall Street Journal. The funding underscores growing investor interest in open-source AI models as alternatives to closed systems from major labs. Hermes is a family of open-weight language models popular with developers who want customizable, self-hosted AI assistants rather than proprietary services.

Why now: New funding for a leading open-source AI startup highlights investor appetite for alternatives to proprietary AI models.

HermesNous ResearchWall Street Journal

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