Parag Agrawal’s Next Act After Twitter, Secures $30 Million Funding
It’s been over a year since Parag Agrawal was abruptly shown the door in Elon Musk’s takeover of Twitter (now X). But the former CEO (who took over from Jack Dorsey), known for his low-key demeanor, hasn’t wasted any time plotting his next move.
Sources say Agrawal has been quietly working away on a new startup focused on artificial intelligence. And it seems his idea has caught on – the project just raised a sizeable $30 million in initial funding, according to The Information.
Venture capital firm Khosla Ventures led the round, unsurprising given their early support of AI lab OpenAI. It speaks to the potential investors see in Agrawal’s vision after his years at the helm of one of the world’s most influential social platforms.
Details on what exactly Agrawal is cooking up with the funds are scarce. The man who built Twitter’s algorithms but avoided the spotlight is keeping this new project tightly under wraps for now.
All we know is it involves pushing the boundaries of AI, an area that holds both promise and peril. With his experience at a massive scale and a proven ability to fly under the radar, Agrawal will be one to watch as he shapes what’s next. It seems his ability to reinvent himself is just getting started.
