{
  "id": 12708456,
  "title": "Nous Research confirms it hit $1.5B Valuation, launches AI agents for business users",
  "url": "https://urgent.news/2026/10/07/nous-research-confirms-it-hit-1-5b-valuation-launches-ai-agents-for",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-07T20:48:45.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/10/07/nous-research-confirms-it-hit-1-5b-valuation-launches-ai-agents-for-business-users/"
  },
  "original_language": "en",
  "account": "Nous Research, the firm behind the open-source Hermes AI agent, has announced it has reached a $1.5 billion valuation, confirming earlier reports. The company secured a $90 million Series B round, led by Robot Ventures, with involvement from Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital – home to Donald Trump Jr., who serves as a partner. This fresh funding brings the startup's cumulative investments to $158 million over its three-year existence.\n\nThe open-source Hermes agent, favored by developers and individuals, has been duplicated over 24 million times, contributing about 2.5% of the global AI token usage, as per the company's projections. The newly-acquired capital will propel Nous Research into the enterprise arena with \"Hermes for Businesses,\" a solution enabling firms to establish tailored AI agents for managing complex, multi-step tasks while safeguarding their data's confidentiality and security.\n\nBy mid-September 2026, Nous Research had an estimated annualized revenue of around $36 million, with plans to reach the $100 million mark before the year's end, as reported by The Wall Street Journal.",
  "summary": "The developer of Hermes agent raised a $90 million Series B.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}