Nous Research raised $90 million in a Series B funding round that values the company at $1.5 billion, with Nvidia among the participating investors. The Hermes agent has been downloaded 22.7 million times since February, and the company's annualized revenue was approximately $36 million as of mid-September. Management now forecasts revenue to exceed $100 million by the end of the year.
Wednesday, October 21, 2026
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Nvidia Backs Nous Research in $90M Round at $1.5B Valuation
Startups14 days ago
The developers of the Hermes AI assistant are shifting toward the corporate market to capitalize on the tool's rapid adoption, the Wall Street Journal reported. This strategic expansion involves bringing the startup's open source technology to enterprise users through a new suite of tools designed for professional environments.
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