Nous Research raises $90M at $1.5B valuation for Hermes AI agent

Nous Research, developer of the open-source Hermes AI agent, raised $90 million in a Series B round led by Robot Ventures, with Nvidia and Samsung participating.

The company is now valued at $1.5 billion and says Hermes has been downloaded more than 24 million times. The source also reports $36 million in annualized revenue as of mid-September and expects it to exceed $100 million by year's end.