The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after ...

Parag Agrawal’s Parallel Web Systems secures $100M Series B, reaching $2B valuation, signaling rapid growth in AI ...

NEW YORK and PALO ALTO, Calif., April 8, 2026 /PRNewswire/ -- Genpact (NYSE: G), an agentic and advanced technology solutions company recognized for its deep industry knowledge, process intelligence, ...

As part of the deal, Kleiner Perkins partner Mamoon Hamid will join Parallel’s board, alongside Vinod Khosla, Shardul Shah ...

Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...

Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...

Culver City, Calif.-based Parallel Systems has been awarded a $4.4 million U.S. Department of Energy (DOE) grant to test its autonomous, battery-electric-powered railcar technology. DOE is ...

BAE Systems is developing a parallel hybrid propulsion system designed for medium- and heavy-duty truck applications. The parallel system is the latest version of the company's HybriDrive green ...