Parag Agrawal, who as soon as led Twitter earlier than it was rebranded as X, has launched his new firm referred to as Parallel Net Programs Inc.
His new undertaking is designed to present synthetic intelligence (AI) brokers the power to look the web, collect information, and course of it with out direct human enter.
The corporate’s debut product, Deep Analysis API, is on the middle of this technique. In an August 15 LinkedIn submit, Agrawal defined that the software performs higher than folks and even among the strongest AI programs, akin to OpenAI’s GPT-5, on chosen analysis duties.
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He added that Parallel is already dealing with thousands and thousands of automated analysis jobs day by day. One publicly listed enterprise is utilizing the platform to streamline elements of its operations, whereas builders are counting on it to scan documentation and debug code.
Funding for the startup has already been secured. Based on a report by Bloomberg, Parallel raised $30 million and presently employs round 25 folks.
After leaving Twitter in 2022, Agrawal started reviewing tutorial analysis, writing code, and rejecting a number of affords from corporations that needed him to steer turnarounds.
Talking to Bloomberg, he advised that customers will quickly deploy dozens of those brokers to behave on their behalf on-line. He predicted that this shift may start as early as subsequent 12 months.
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