Nvidia, Samsung back $90M round for AI agent startup Nous Research
Nous Research Inc., the developer of the popular Hermes artificial intelligence agent, today announced that it has raised $90 million in funding. Early-stage startup fund Robot Ventures led the Series B round. It was joined by Nvidia Corp., Samsung Electronics Co., Y Combinator and several others. Nous is now valued at $1.5 billion. The company […] The post Nvidia, Samsung back $90M round for AI…
Nvidia and Samsung have joined Robot Ventures and other investors in backing AI agent startup Nous Research with a $90 million Series B round. The funding brings the company's valuation to $1.5 billion. Nous, which released its Hermes AI agent under an open-source license in February, has seen over 24 million downloads and the participation of more than 2,000 contributors.
The agent, which can interact with files and access user programs, is estimated to account for 2.5% of global AI model token consumption. Hermes 4, the latest version of the agent, uses a training dataset of 5 million synthetic records, with about two-thirds created to improve reasoning capabilities. The company monetizes its product through three paid editions: Hermes Cloud, Hermes Business, and Hermes Enterprise.
Nous generated $36 million in annualized revenue as of mid-September, with expectations of $100 million by year-end. The funding will be used to boost the adoption of Hermes' business editions.
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