Former Twitter CEO Parag Agarwal launches AI startup Parallel Web Systems

Former Twitter CEO Parag Agrawal has launched Parallel Web Systems, a cloud platform reimagining AI’s web interaction. Backed by $30M from Khosla Ventures and others, it features AI research engines and a deep research API that enables real-time data synthesis, outperforming models like OpenAI’s GPT-5. With applications in coding assistants and workflow automation, Parallel enters the AI race amid Agrawal’s ongoing legal battle with Elon Musk.