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Benzinga
Benzinga
Business
Paula Tudoran

Former Twitter CEO Parag Agrawal Raises $30M For Parallel Web Systems To Challenge OpenAI GPT-5 With Deep Research API

Businessman,Using,Technology,Ai,Artificial,Intelligence,Use,Analytics,,Automation,For

Parag Agrawal, the former Twitter CEO ousted after Elon Musk's 2022 takeover, has reemerged in Silicon Valley with Parallel Web Systems, a startup promising to push artificial intelligence beyond current limits.

The company raised $30 million from Khosla Ventures, Index Ventures, and First Round Capital to launch its flagship product, the Deep Research application programming interface, Entrepreneur reports.

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