Former Twitter CEO Parag Agrawal Unveils AI Startup Parallel Web Systems The firm introduced its flagship product, the Deep Research API, which is aimed at enabling AI agents to carry out advanced real time web research.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Parag Agrawal

Former Twitter CEO Parag Agrawal has entered the AI sector with the launch of Parallel Web Systems, a company headquartered in Palo Alto. The firm introduced its flagship product, the Deep Research API, which is aimed at enabling AI agents to carry out advanced real time web research.

Agrawal, who led Twitter until its takeover by Elon Musk in 2022, has re-emerged in the technology landscape with this new venture. Reports indicate that Parallel Web Systems has secured funding of around USD 30 million from investors such as Khosla Ventures, Index Ventures and First Round Capital.

The company stated that the Deep Research API is already managing millions of research tasks daily. These include functions such as discovering documents, debugging code and automating workflows. Agrawal said the system is designed to reach levels of accuracy beyond human capability in certain specialised tasks.

The product incorporates eight research engines, each designed for specific computational activities. These engines cover areas like long form synthesis, cross disciplinary analysis and knowledge retrieval. The tool is positioned for developers and organisations that wish to embed advanced research functions into their applications.

According to company claims, the Deep Research API has outperformed leading models including OpenAI's GPT 5 in selected benchmarks related to online research. Independent reviews are still limited, but early demonstrations suggest that the platform can manage complex, multi step queries.

Industry analysts see the development as timely, given the rising need for AI systems that access and interpret live data instead of relying only on static training sets. Potential applications include market intelligence, legal analysis and scientific research, with developers expected to use the system in autonomous agents and decision support solutions.
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

By John Williams
Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

By Anantha Desikan
Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

By Tony Parinello
Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

By Sherin Shibu
Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.

By Athalia Monae