Nous Research confirms it hit $1.5B valuation, launches AI agents for business users
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The open-source Hermes Agent framework, which currently drives an estimated 2.5 percent of global AI token usage, has secured 90 million dollars in new funding to launch dedicated enterprise tooling for secure, multi-step workflows. For engineers running production agents, this scales up a heavily backed, privacy-first open-source alternative to compete directly with closed-source enterprise platforms. This shift enables you to deploy highly complex, self-hosted agentic workflows in production without compromising on data privacy or relying on proprietary APIs.
Nous Research has reached a $1.5 billion valuation after a $90 million Series B funding round, enabling it to launch "Hermes for Businesses," which allows companies to deploy customized AI agents handling multi-step workflows while keeping data private and secure, potentially disrupting enterprise AI adoption.