Ex-Twitter CEO Parag Agrawal Launches AI Startup Focused on Web Information Gathering

Former Twitter CEO Parag Agrawal has made his return to the tech industry with a new company focused on empowering artificial intelligence (AI) agents. This startup, called Parallel Web Systems Inc., aims to allow these agents to autonomously collect and analyze information from the web. Agrawal stated that their Deep Research API outperforms both human researchers and leading AI models like OpenAI’s GPT-5 on certain research benchmarks. The company already powers millions of research tasks daily and is being used by companies to automate workflows and assist in code debugging.