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Exclusive | Nous Research Scores $90 Million to Bring Open-Source AI Assistant to Enterprises

The Wall Street JournalView source article

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Nous Research raises $90 million at $1.5 billion valuation for open-source AI

Nous Research secured $90 million in funding at a $1.5 billion valuation to develop its Hermes open-source AI assistant for enterprise users, competing with proprietary models.

Oct 7, 2026·2 sourcesAI assistants & chatbotsAI startupsOpen-source AIBusiness & enterprise AIOpen weights vs closed modelsVenture capital funding
Nous Research raises $90 million at $1.5 billion valuation for open-source AI
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The Wall Street Journal

Maker of Open-Source AI Assistant Hermes Secures $90 Million