Ousted Twitter CEO Parag Agrawal Launches AI Startup, Raises $30M
• Parag Agrawal, former Twitter CEO, has launched an AI startup that has raised $30 million in funding • His company is building software for developers of large language models like ChatGPT • Agrawal spent 11 months as Twitter's CEO before being ousted when Elon Musk acquired the company • He is the latest tech executive to pivot to AI as venture funding keeps flowing into the space • Global AI startup funding hit nearly $50 billion in 2022, with OpenAI, Anthropic, and Inflection raising $18 billion