Parag Agrawal, the former CEO of Twitter, called X, returned to the tech industry with a startup focused on helping artificial intelligence agents autonomy to collect and study web information.
AGRAWAL Says In a LinkedIn post on Friday his first main product of Startup Parallel Web Systems Inc. Called Deep Research API releases people and top AI models-including the GPT-5 of Openai-on some research benchmarks.
“We activate millions of research activities every day -day,” said Agrasal, adding that a public company has automated human flows with parallel and coding agents use its tools to find documents and issues in dedication. Agrawal raised $ 30 million in funding for in parallel and leading a 25-Person Team, Bloomberg reported on Thursday.
Parallel Marks Agrawal’s first big move to tech space since Elon Musk He was released and other C-level executives after Tesla’s boss Twitter was taken In October 2022, the name of the social media platform was later changed to X.
The executives Eventually the Musk is judged, The claim that they were denied around $ 128 million in salary pay after their contracts suddenly ended. A district court decided to transfer the case forward in November, but a final verdict was not reached.
Agrawal knows that Ai will be his next adventure
Agrawal was built Machine -study models On Twitter while serving as chief technology official under CEO Jack Dorsey. Agrawal led Twitter from November 2021 to October 2022.
After being fired from Twitter, Agrawal told Bloomberg that he returned to AI research, reading papers and Writing code again. He said he turned away some offers from the struggling tech companies looking for him to “clean the shit” – knowing that AI is what he wants to focus on next.
AI agents, not people, will run on the Internet, says agrasal
Agrawal’s first idea was a start -up of AI health care, but he realized that AI agents, not people, would be the largest web user.
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“There will be more agents on the Internet than the people around. You will probably deploy 50 agents for you on the Internet,” Agrimer told Bloomberg. “I think that will happen as soon as possible, like next year.”
AI Agents the next big thing in Ethereum, Coinbase Devs said
Agrawal’s bet on AI agents also lined up recent predictions from Coinbase developers, which last week described aid agents as Ethereum’s future “largest electric users.”
Coinbase’s Kevin Leffew and Lincoln Murr said a little -used HTTP web standard, accompanied by the Ethereum Improvement Profosal (EIP) 3009, could open a A E-Commerce new period In the blockchain.
AI agents can conduct Stablecoin transfers without human involvement-which enables everyone from self-driving taxis to pay for their fuel to AI models that change content in demand, the pair said.
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