Almost three years after his abrupt departure from Twitter (Now X) following Elon Musk’s takeover, Parag Agrawal has launched a brand new AI startup, Parallel Internet Methods, the place he serves as founder and CEO. 

Backed by distinguished enterprise capital gamers, together with Khosla Ventures, Index Ventures, and First Spherical Capital, the startup has raised roughly $30 million in funding.

Parallel’s founding workforce contains engineers who beforehand labored at Twitter, Google, Stripe, Airbnb, Chime, Waymo, and Kitty Hawk.

What Is Parallel Constructing

Parallel goals to empower AI techniques with the flexibility to work together with the general public net in actual time. As an alternative of counting on static knowledge, the system allows AI brokers to fetch, confirm, organise, and even assess the arrogance of the knowledge they current, basically giving AI its personal browser.

“Brokers are going to be the first prospects of the online going ahead. They may use the online much more than people ever have,” mentioned Agrawal.

Parallel has additionally launched its deep analysis APIs that outperform each people and main AI fashions, together with GPT-5, on benchmarks testing complicated net search and analysis duties.

The corporate reported that on OpenAI’s BrowseComp benchmark, which measures accuracy in multi-hop reasoning and net navigation, Parallel achieved 58% accuracy in comparison with 41% for GPT-5 and 25%  for human individuals working with two-hour cut-off dates. 

On DeepResearch Bench, which evaluates long-form synthesis throughout 22 fields, Parallel recorded an 82% win charge towards a reference set, in comparison with 66% for GPT-5.

“AIs will use the online way over people ever have. As a lot as we’d anthropomorphise AIs, they function in a different way from people on the internet,” the corporate mentioned in its announcement. “At Parallel, we’re constructing for the online’s second consumer. We’re creating techniques and infrastructure for AIs to make use of the online successfully for finishing complicated duties. ”

Parallel mentioned its APIs are already powering “hundreds of thousands of analysis duties every day” for startups, public enterprises, and AI corporations. In response to the corporate, coding brokers use the platform to look documentation and debug, whereas enterprises deploy it to automate workflows corresponding to insurance coverage claims processing.

Parallel’s infrastructure was constructed particularly for AI brokers, with every layer of its stack, from crawl and index to rating, engineered for machine consumption reasonably than human looking. The corporate mentioned this method permits “declarative interfaces” the place brokers specify what they want, with out detailing how one can retrieve it.

Trying forward, Parallel mentioned it’s creating capabilities for long-horizon brokers, steady monitoring of net alerts, event-driven architectures, and SQL-style programmable queries over the online. “We’re constructing for what’s subsequent,” the corporate mentioned.

Agrawal’s tenure at Twitter resulted in 2022 after Elon Musk’s $44 billion takeover. With a background spanning IIT Bombay, Stanford, and a decade at Twitter, he’s now specializing in his first main undertaking since then, constructing Parallel Internet Methods to advance AI infrastructure.