September 16th, we're hosting a happy hour in San Francisco after Dreamforce. Join us @ Shoji for Japanese spirits and a gathering of the people building today's most forward-looking AI products. 5:00-7:00 PM. RSVP here: https://lnkd.in/eSic2fMG
Parallel Web Systems
Technology, Information and Internet
San Francisco, California 35,279 followers
Infrastructure for intelligence on the web.
About us
At Parallel Web Systems, we’re bringing a new web to life: it’s built with, by, and for AIs. Our work spans innovations across crawling, indexing, ranking, retrieval, and reasoning systems.
- Website
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https://www.parallel.ai/
External link for Parallel Web Systems
- Industry
- Technology, Information and Internet
- Company size
- 51-200 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2023
Locations
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San Francisco, California, US
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Palo Alto, California 94305, US
Employees at Parallel Web Systems
Updates
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The bad news: you’re probably evaluating web search wrong. The good news: our team wrote a guide to help you and your agents do it right. Our main takeaway: don’t ask "Which search provider is best?" Instead, ask: “Which model × search configuration is best for this task, at the cost and latency we can afford?”
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Parallel Web Systems reposted this
Parag Agrawal, Founder of Parallel Web Systems, is coming to the Main Stage at Supabase Select 2026. 🎉 It's happening October 2. Join us: https://lnkd.in/eyvKNtq6
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Parallel Web Systems reposted this
Parag Agrawal, Founder of Parallel Web Systems, is coming to the Main Stage at Supabase Select 2026. 🎉 It's happening October 2. Join us: https://lnkd.in/eyvKNtq6
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GLM-5.3-Flash is here. We benchmarked it against GPT-5.6 Luna with a suite of different web search solutions to see just how different the cost and performance would be. The results were stark: - GLM-5.3-Flash w/ Parallel Fast performed better on cost per task (~7x) and accuracy vs. GPT-5.6 with built-in web_search (11 pts). - GPT-5.6 Luna w/ Parallel Fast delivers equal accuracy (76%) but at twice the cost vs. GLM 5.3 ($0.02 per task).
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Parallel Web Systems reposted this
Benchmark Highlight: Parallel Web Systems Benchmark: Company Funding Enrichment Openbenchmarks put 20 endpoints from 16 providers: Input: Company-Domain Output: Latest Funding Round Judged against source-verified rounds. We measured Parallel's two endpoints - the Task API and the Responses API Here's what we found Best accuracy per dollar at the top of the board (on self-serve version): Parallel's Task API got the latest stage right 90.0% of the time at $0.025 per run for backfill enrichment task. At 90%+ accuracy, nothing else comes close on cost or speed. Cheapest agent API on both boards. $25 per 1,000 Task runs. The other two long-running agent endpoints measured bill 4× and 5.6× that per call, for the same question and the same output schema. It beat the incumbent datasets: 90.0% on established rounds, against the two legacy funding datasets on the board at 85.8% and 71.2%. 100% company identification and resolution: Not one traditional GTM data provider managed it: the best of that group resolved 97.7%, and three of them failed to identify a quarter to half the list. This is important for higher CRM enrichment rate. Parallel is the only provider on the benchmark with two separate endpoints at 89.0% or better on the enrichment board. You pick the shape that fits your latency and cost budget instead of taking whatever the one endpoint gives you.
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Watch Parag Agrawal break down our company thesis on the latest episode of Training Data with Sonya Huang and Andrew Reed: https://lnkd.in/eD4y_k7h
Parallel’s Parag Agrawal: Building a New Web for AI Agents
https://www.youtube.com/
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Parallel's full API suite is now available in the Google Cloud Marketplace! Businesses can now quickly and easily provision Parallel's best-in-class web search tools and agents directly through Google Cloud, with consolidated billing and committed spend drawdown. Get started: https://lnkd.in/eeqDujMQ
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Your web search shouldn’t cost more than your inference. It's simple: If you’re using GPT 5.6 Luna or similarly priced models, chances are you’re overpaying for search. Save on web grounding with the Parallel Search API: https://lnkd.in/eb72UPAw
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Parallel Web Systems reposted this
A little about the significance of a $1 CPM, 5-10x more affordable web search product for AIs and agents. 45 days ago we launched a Turbo search mode. Our goal was: how do we get people to think about web search as a no-brainer always-on part of AI and agentic workflows? For many use cases, adding web access can 2-3x eval results! Turbo was unique: very fast (200-300ms) and the first ever $1 CPM AI-focused search SKU. Comparable offerings (including our own) are normally $5-$10 CPM. We felt both would encourage use, but we didn't know which would matter more. Since then, we kept hearing one piece of feedback above all others: "frontier intelligence cost is dropping, and $1 CPM for search makes it a no-brainer for my use case, but I wish I could trade some of Turbo's speed for even higher quality." If frontier intelligence is 5x cheaper than it was a year ago, why isn't search? But there was a reason why deeper search was priced $5+. The search index is large, and growing. Users want fresh data and long tail data. Getting accurate, relevant, and succinct summaries for LLMs to consume requires inference over large parts of the web, often at request time. This costs time and money (compute, inference, index, ...). $1 CPM for frontier quality web grounding felt hard to achieve. But the directive was clear. Parallel Fast mode is the culmination of that effort. It is $1 CPM, just like Turbo, meaning it's a tiny fraction of the total cost of inference, even on cheap models. It's consistently sub-1s (won't add meaningful latency to any LLMs). And most importantly, it's frontier intelligence. No tradeoffs. It's ranked #3 on Artificial Analysis, only 2 points (73 vs 75) below the best search product in the world (our own Advanced mode). Trivially outperforming models at 5-10x the price. For giving AIs and agents web access, we think we created the most obvious default search product. And while we're excited about getting existing search users over to Fast, more importantly, we think it will make instant web access a no-brainer for many more developers.
Capable models have gotten cheaper. Search hasn’t, until now. Today we’re introducing Fast mode for Parallel Search: frontier-quality web search for AI that’s 10x cheaper than the default from model labs. - $1 per 1,000 results - 700ms p50 latency - #3 on Artificial Analysis Search Index for intelligence Parallel Fast is the only web search that’s cheap, fast, and accurate. It’s optimized for today’s leading class of cost-effective models: GPT-5.6 Luna, DeepSeek V4 Pro, MiniMax M3, and Qwen3.8 27B: - 10x cheaper than frontier labs, 5x cheaper than other APIs at $1 per 1,000 results - On the quality vs. cost Pareto frontier - On the quality vs. latency Pareto frontier - Nearly matches frontier accuracy set by Parallel Advanced (SOTA) Read the announcement: https://lnkd.in/e4PUSb2z
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