Parallel Web Systems launches Index platform

¨     Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, launched a platform called Index on 19 May 2026.

¨     Index is designed to compensate content creators and publishers when their work is used by artificial intelligence systems.

¨     The platform uses a game theory concept called the Shapley value to measure each creator’s contribution to AI-generated output.

¨     Website owners can register their domains on Index.

¨     It allows tracking of how Parallel’s AI agents use their content.

Index has partnered with major publishers and data firms, including:

¨     The Atlantic

¨     Fortune

¨     PR Newswire

¨     PitchBook

¨     ZoomInfo

Independent creators can also register their interest to receive compensation and usage insights.Parallel Web Systems raised $100 million in Series B funding in April 2026.The funding round was led by Sequoia Capital.After the funding, the company was valued at around $2 billion.