Ex-Twitter CEO Parag Agrawal builds $2B AI startup two years after Musk ouster
IIT Bombay and Stanford alumnus Parag Agrawal has co-founded an AI startup now valued at approximately $2 billion. Agrawal previously served as CEO of Twitter before being removed following Elon Musk's acquisition of the platform. He established Parallel Web Systems in 2023, with a focus on AI infrastructure and large-scale computing. The venture marks a significant comeback for the engineer, who had ranked AIR 77 in the JEE before pursuing advanced studies at Stanford.
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