Nous Research, which makes the open-source Hermes AI agent that has hit 22M+ downloads since February, raised $90M at a $1.2B valuation to expand to enterprises
THE SO WHAT
A $90 million round at a $1.2 billion valuation on the back of 22 million Hermes downloads shows open-source agents are now credible enterprise contenders, not just hobbyist tools. If you’re buying assistants, you now have to weigh open-source stacks with services against closed platforms on control, cost, and roadmap leverage.
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