Parag Agrawal, the former CEO of Twitter (now X), has founded the startup Parallel Web Systems focused on developing AI agents that can autonomously gather and analyze online information.
Formation of Parallel Web Systems
Agrawal announced the launch of his startup Parallel Web Systems via LinkedIn. A team of 25 specialists has already begun working on innovative AI solutions.
First Product: Deep Research API
The first significant product of the startup is the Deep Research API, which Agrawal claims surpasses human capabilities and AI models such as GPT-5 on specific research benchmarks.
The Future of AI Agents
Agrawal predicts a future where AI agents will be actively associated with Internet users, projecting usage of up to 50 agents per person. This aligns with Coinbase developers’ views on AI agents as the next significant step for the Ethereum ecosystem.
Parag Agrawal's startup, Parallel Web Systems, represents a significant advancement in AI and promises to reshape approaches to automation and interaction on the web.
