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