Former Twitter CEO Parag Agrawal rolls out new AI startup Parallel

Former Twitter CEO Parag Agrawal has launched an AI startup Parallel Web Systems that is designed to change how AI agents interact with the web.

The company emerged from stealth mode with a cloud-based research platform with millions of queries from early adopters. It has already raised $30 million from prominent investors, including Khosla Ventures, Index Ventures, and First Round Capital.

Parallel builds infrastructure and tools specifically designed for AI agents to interact with the web intelligently. It offers a cloud-based deep research API that…