Woofun AI reports that Nous Research is finalizing a funding round of at least $75 million, establishing a company valuation of $1.5 billion. Robot Ventures leads the investment, joined by USV and other entities, though the deal remains incomplete and the firm declined to comment.

The capital will support product expansion and a new public cloud hosting service for the Hermes Agent, an open-source tool capable of continuous operation, web searching, coding, and image understanding. Hermes has accumulated approximately 214,000 stars on GitHub.