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Nous Research Raises $90M for Open-Source AI Agent Hermes
Original: Nous Research Raises $90M for Open-Source Hermes AI Agent at $1.5B Valuation
Nous Research has raised $90 million to develop Hermes, an open-source AI agent, valuing the company at $1.5 billion. The startup is known for building open models that challenge proprietary AI offerings, and the funding underscores growing investor appetite for open-source alternatives in the AI agent space.
Why now: Major funding at a large valuation for an open-source AI startup draws attention amid debate over open vs closed AI models.
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