Ex-Twitter CEO Parag Agrawal’s $30M AI startup “Parallel” launches Deep Research API to …

After being removed from Twitter by Elon Musk, former CEO Parag Agrawal made a high-profile comeback to Silicon Valley with a new artificial intelligence venture, Parallel Web Systems Inc. And now his company has launched a system, Deep Research API, that outperforms humans and even GPT-5! What actually happened? Agrawal, an IIT Bombay B.Tech and Stanford University PhD was terminated in October 2022 after Musk’s $44 billion takeover of Twitter. Next, the former Twitter CEO launched Parallel Web Systems Inc., an AI-focused cloud platform drawing significant attention and funding. Agrawal’s Parallel has raised $30 million from prominent investors, including Khosla Ventures, Index Ventures, and First Round Capital. Without any major announcement, the startup headquartered in Palo Alto was founded in 2023. According to the company’s blog post, it is already processing millions of research tasks daily for early adopters, including “some of the fastest-growing AI companies,” as Agrawal describes them. Also read: Zerodha launches Kite Backup — All you need to know about the WhatsApp-based emergency trading mode (startuppedia.in) Deep Research API “And today, we launched our Deep Research API – it’s the first to outperform both humans and all leading models including GPT-5 on two of the hardest benchmarks,” Parag
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