Powered by

Home Trending News Ex-Twitter CEO Parag Agrawal’s $30M AI startup “Parallel” launches Deep Research API to challenge GPT-5

Ex-Twitter CEO Parag Agrawal’s $30M AI startup “Parallel” launches Deep Research API to challenge GPT-5

Former Twitter CEO's AI startup is the first to launch a system that surpasses humans and leading AI models (including GPT-5) on deep web research.

By Ishita Ganguly
New Update
Parallel

Parag Agrawal’s Parallel launches Deep Research API to challenge GPT-5

Listen to this article
0.75x1x1.5x
00:00/ 00:00

After being removed from Twitter by Elon Musk, former CEO Parag Agrawal made a high-profile comeback to Silicon Valley with a new artificial intelligence venture, Parallel Web Systems Inc.

Advertisment

And now his company has launched a system, Deep Research API, that outperforms humans and even GPT-5!

What actually happened?

Agrawal, an IIT Bombay B.Tech and Stanford University PhD was terminated in October 2022 after Musk’s $44 billion takeover of Twitter.

Next, the former Twitter CEO launched Parallel Web Systems Inc., an AI-focused cloud platform drawing significant attention and funding.

Agrawal’s Parallel has raised $30 million from prominent investors, including Khosla Ventures, Index Ventures, and First Round Capital.

Without any major announcement, the startup headquartered in Palo Alto was founded in 2023.

According to the company’s blog post, it is already processing millions of research tasks daily for early adopters, including “some of the fastest-growing AI companies,” as Agrawal describes them.

Also read: Zerodha launches Kite Backup — All you need to know about the WhatsApp-based emergency trading mode (startuppedia.in)

Deep Research API

“And today, we launched our Deep Research API - it's the first to outperform both humans and all leading models including GPT-5 on two of the hardest benchmarks,” Parag Agrawal announced on social media.

As claimed by the founder, some of the fastest-growing AI companies use Parallel to bring web intelligence directly into their platform and agents.

“A public company automates traditionally-human workflows exceeding human-level accuracy with Parallel,” he wrote on LinkedIn. “Coding agents rely on our search to find docs and debug issues.”

Agrawal returned to the tech scene after a turbulent 2022, when Musk completed his $44 billion acquisition of Twitter and immediately sacked most of its top executives, including him.

However, the move followed months of legal disputes over the takeover.

Agrawal describes the new Deep Research API as giving AI “a browser of its own” — one that can cross-check answers and even measure its confidence levels.

Travers Nisbet, product head at Parallel said, "Today, we're excited to announce our state-of-the-art search system is the first to surpass humans and all leading AI models (including GPT-5) on deep web research tasks. Our API is available now for developers and companies building the most advanced AI systems, apps, and agents."

Also read: Ananya Birla’s latest venture aims to disrupt India's beauty sector by bridging gap between premium quality and accessible luxury (startuppedia.in)