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Open-source AI agent Hermes raises Series B at $1.5 billion valuation, targets enterprises

Nous Research, which develops the open-source AI agent Hermes, has raised $90 million in Series B funding at a $1.5 billion valuation, TechCrunch reported. Robot Ventures led the round, with participation from Nvidia, Union Square Ventures, Menlo Ventures and Samsung, it said. The company’s total funding has risen to $158 million. Nous Research plans to use the funds to target enterprises with Hermes for Business.