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Sources: Lambda is in talks for a funding round that could value the cloud services company between $4B and $5B ahead of a potential IPO by the end of 2025 (Bloomberg)

Bloomberg : Sources: Lambda is in talks for a funding round that could value the cloud services company between $4B and $5B ahead of a po...

14 August 2025

Ex-Twitter CEO Parag Agrawal launches Parallel Web Systems to build infrastructure for AI agents to search the web, raising $30M from Khosla Ventures and others (Bloomberg)

Bloomberg:
Ex-Twitter CEO Parag Agrawal launches Parallel Web Systems to build infrastructure for AI agents to search the web, raising $30M from Khosla Ventures and others  —  Parag Agrawal says AI agents are the target customers for his new startup, Parallel.  —  No one would have blamed Parag Agrawal if …

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