Former Twitter CEO Raises $30M for AI Startup, Targeting LLM Developers: Report

Date:

Former Twitter CEO Parag Agrawal has reportedly secured $30 million in funding for his new AI startup, which aims to develop software for LLM developers. After being ousted by Elon Musk following his acquisition of Twitter in 2022, Agrawal has been working quietly on this new venture. The Information revealed that Khosla Ventures led the funding round, with Index Ventures and First Round Capital also participating. Under Agrawal’s leadership, Twitter underwent a tumultuous period marked by Musk’s takeover and subsequent legal disputes. However, Agrawal’s focus now seems to be directed towards his AI startup and its potential in serving LLM developers.

See also  Intel Supports Figure's Humanoid Robot with $9 Million Funding

Frequently Asked Questions (FAQs) Related to the Above News

What is Parag Agrawal's new AI startup aiming to develop?

Parag Agrawal's new AI startup aims to develop software for LLM developers.

How much funding has Parag Agrawal secured for his new AI startup?

Parag Agrawal has reportedly secured $30 million in funding for his new AI startup.

Who led the funding round for Parag Agrawal's AI startup?

Khosla Ventures led the funding round for Parag Agrawal's AI startup, with Index Ventures and First Round Capital also participating.

Why did Parag Agrawal leave Twitter?

Parag Agrawal was ousted by Elon Musk following his acquisition of Twitter in 2022.

What has Parag Agrawal been working on since leaving Twitter?

Since leaving Twitter, Parag Agrawal has been quietly working on his new AI startup.

What insights did The Information reveal about Parag Agrawal's funding round?

The Information revealed that Khosla Ventures led the funding round, with Index Ventures and First Round Capital participating.

How would you describe the period during Parag Agrawal's leadership at Twitter?

The period during Parag Agrawal's leadership at Twitter was marked by the takeover by Elon Musk and subsequent legal disputes.

What is Parag Agrawal's focus now?

Parag Agrawal's focus now seems to be directed towards his AI startup and its potential in serving LLM developers.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Machine Learning Uncovers Cancer Mutational Hotspots at CTCF Sites

Machine Learning uncovers cancer mutational hotspots at CTCF sites - Study reveals insights into pan-cancer genomic structures and potential therapeutic targets.

Google Translate Expands with 110 New Languages Including African Dialects

Google Translate expands to 110 new languages, including 25 African languages, boosting global connections and inclusivity. Join Google's initiative now!

IBM and Microsoft Join Forces for Enhanced Cybersecurity Solutions

IBM and Microsoft collaborate to strengthen cybersecurity for hybrid cloud security, simplifying operations and driving business growth.

Samsung Workers Launch 3-Day Strike Over Wages

Samsung workers launch a three-day strike over wages and benefits, marking a significant development at the tech giant.