Former Twitter CEO Parag Agrawal raises $30 Million for AI Startup

HI INDIA NEWS DESK

The Indian American former Twitter CEO, has gone on to raise $30 Million for an Artificial Intelligence startup. It is reported that Khosla Ventures has led the funding in Agrawal’s company. Venture capital firms Index Ventures and First Round Capital also played a role. Although the startup’s name hasn’t been disclosed. According to information the startup is “building software for developers of large language models, which were popularized by OpenAI’s ChatGPT, and customers of those LLMs [Large language models].”

Agrawal was ousted in 2022, soon after Elon Musk acquired Twitter, now known as X.

Last year, Musk was ordered to pay $1.1 million in legal fees to Agrawal, policy lead Vijaya Gadde, and CFO Ned Segal after the three ex-employees had sued the company for allegedly failing to pay for their legal bills.