29 C Eastern Herald
Elections 2026WeRIndia Live / Eastern Herald
Nous Research Eyes $1.5 Billion Valuation in $75 Million Funding Round for Hermes AI Agent
Nous Research is in talks to raise $75 million at a $1.5 billion valuation for Hermes, its open-source AI agent with over 214,000 GitHub stars. Robot Ventures is expected to lead the round, which would more than double the startup's previous $70 million in total funding.
14 Jul 2026 9:51 am
TSMC Q2 Revenue Exceeds NT$1.27 Trillion as Agentic AI Drives 68% June Surge
TSMC's June 2026 revenue rose 67.9 percent to NT$398.27 billion, pushing Q2 to NT$1.27 trillion and clearing analyst consensus. CEO Che-Chia Wei attributed the acceleration to agentic AI's heavier compute demands, as first-half revenue hit a record NT$2.4 trillion and Nvidia locked in 60 percent of TSMC's advanced packaging capacity for the year.
13 Jul 2026 9:02 pm