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yesterday

Parag Agrawal’s Parallel Launches Deep Research API for AI-Powered Web Research

It aims to transform AI data retrieval by powering millions of research tasks through an API that it says outperforms top models as well as human researchers on select benchmarks.

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Agrawal, who began his career as a Twitter engineer before rising to CEO in 2021, kept a low profile after being removed when Musk.
Parag Agrawal’s New AI Firm ‘Parallel’ Outperforms GPT-5 and Humans in Web Research | Image: Twitter
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Overview

  • Parallel Web Systems was founded in 2023 in Palo Alto to build infrastructure tools enabling large-scale online research for AI companies.
  • The startup secured $30 million in backing from Khosla Ventures, Index Ventures and First Round Capital to scale its platform.
  • Its newly introduced Deep Research API is reported to power millions of daily research tasks and to outperform OpenAI’s GPT-5 along with human experts on certain benchmarks.
  • Parallel’s platform integrates with AI agents to provide real-time retrieval, organization and analysis of web data at scale for applications like coding assistants and enterprise tools.
  • The company’s performance claims are based on internal statements and have not yet been independently verified by third-party assessments.