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Former Twitter CEO Parag Agrawal Raises $30M for AI Startup

The new venture, backed by Khosla Ventures, Index Ventures and First Round Capital, is developing software for large language model developers.

  • Former Twitter CEO Parag Agrawal has raised about $30 million for a new AI startup, according to reports.
  • The startup is reportedly developing software for developers of large language models (LLMs), a type of AI technology.
  • Agrawal's tenure as Twitter CEO ended when Elon Musk took over the social media platform, now known as X, in 2022.
  • Khosla Ventures led the funding round for Agrawal's startup, with participation from Index Ventures and First Round Capital.
  • The move marks Agrawal's return to the tech industry following his departure from Twitter.
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