Saralnama
Parag Agrawal, former Twitter CEO, has started a new AI company called Parallel Web Systems. It aims to build a special web for machines, not humans. The company’s main product, Deep Research API, helps AI agents search and analyse web data better than humans and top AI models like GPT-5. Parallel Web Systems already supports millions of research tasks daily. It is funded with ₹260 crore by investors such as Khosla Ventures and Index Ventures. The startup focuses on making AI research more accurate and reliable, useful for fields like finance, law, and healthcare. Agrawal hopes this new platform will change how AI uses the internet, but it faces challenges like stopping bad bots and creating common standards. The company is based in Palo Alto, USA, and started operations in 2023. (Updated 27 Aug 2025, 17:44 IST; source: link)