Former Twitter CEO Parag Agrawal emerges with AI startup

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Parag Agrawal, the erstwhile CEO of Twitter, present called X, has returned to the tech manufacture with a startup focused connected helping artificial quality agents autonomously cod and analyse accusation from the web.

Agrawal said successful a LinkedIn station connected Friday that his startup Parallel Web Systems Inc.’s archetypal large merchandise called Deep Research API outperforms humans and starring AI models — including OpenAI’s GPT-5 — connected immoderate probe benchmarks.

“We already powerfulness millions of probe tasks each day,” Agrawal said, adding that a nationalist steadfast is already automating quality workflows with Parallel and coding agents are utilizing its tools to find documents and debug issues. Agrawal has raised $30 cardinal successful backing for Parallel and leads a 25-person team, Bloomberg reported connected Thursday.

Parallel marks Agrawal’s archetypal large determination successful the tech abstraction since Elon Musk ousted him and different C-level executives aft the Tesla brag took implicit Twitter successful October 2022, yet changing the societal media platform’s sanction to X.

The executives later sued Musk, claiming they were denied astir $128 cardinal successful severance wage aft their contracts were abruptly terminated. A territory tribunal ruled to determination the lawsuit guardant successful November, but a last verdict hasn’t been reached.

Agrawal knew AI would beryllium his adjacent venture

Agrawal built machine learning models astatine Twitter portion serving arsenic main exertion serviceman nether then-CEO Jack Dorsey. Agrawal past led Twitter from November 2021 until October 2022.

After being fired from Twitter, Agrawal told Bloomberg that helium dove backmost into AI research, speechmaking papers and writing codification again. He said helium turned down respective offers from struggling tech firms looking for him to “clean up shit” — knowing that AI was what helium wanted to absorption connected next.

AI agents, not humans, volition tally the internet, Agrawal says

Agrawal’s archetypal AI thought was an AI-powered health-care startup, but helium realized that AI agents, not humans, would go the biggest users of the web.

“There’ll beryllium much agents connected the net than determination are humans around. You volition astir apt deploy 50 agents connected your behalf to beryllium connected the internet,” Agrawal told Bloomberg. “I deliberation that’s going to hap soon, similar adjacent year.”

AI agents the adjacent large happening connected Ethereum, Coinbase devs say

Agrawal’s stake connected AI agents besides lines up with caller predictions from Coinbase developers, who past week described autonomous AI agents arsenic Ethereum’s aboriginal “biggest powerfulness user.”

Coinbase’s Kevin Leffew and Lincoln Murr said a little-used HTTP web standard, combined with Ethereum Improvement Proposal (EIP) 3009, could unfastened a new epoch of e-commerce connected the blockchain.

AI agents could execute stablecoin transfers without quality engagement — enabling everything from self-driving taxis that wage for their substance to AI models that monetize contented connected demand, the brace said.

Magazine: Everybody hates GPT-5, AI shows societal media can’t beryllium fixed: AI Eye

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