Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner ...

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Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...

Former Twitter (X) CEO Parag Agrawal, famously ousted by Elon Musk in 2022, is back in the global tech spotlight—this time at the helm of his own AI startup, Parallel Web Systems. Riding the current ...

BAE Systems is developing a parallel hybrid propulsion system designed for medium- and heavy-duty truck applications. The parallel system is the latest version of the company's HybriDrive green ...