Former Meta executive-founded event prediction AI lab Sooth Labs, is raising approximately $50 million at a valuation of about $335 million.

ME News, April 23 (UTC+8): According to Beating monitoring, AI laboratory Sooth Labs, founded by former Meta employees, is raising about $50 million at an approximately $335 million valuation, with Felicis Ventures leading the round. Yann LeCun and Google’s Chief Scientist Jeff Dean are participating as investors, and Meta CTO Andrew Bosworth is serving as an advisor.

Sooth Labs is headquartered in Pittsburgh. Its goal is to train AI models to help enterprises predict the likelihood of geopolitical and market events. Unlike traditional forecasting algorithms, Sooth trains models on large-scale cross-industry datasets and supports multimodal inputs such as video, audio, and text, allowing users to directly query the probability of specific events. In product demonstrations, the system provided predictions such as a 16% probability that WHO will declare another pandemic before 2028 and a 33% probability that Anthropic will go public this year.

Its target customers include finance, defense, insurance, and real estate. The founding team comes from Meta AI and Carnegie Mellon University. CEO Yaser Sheikh is a visiting professor at CMU and previously served as a Meta vice president. Co-founder Ruslan Salakhutdinov is a professor at CMU, a protégé of Geoffrey Hinton, previously served as Apple’s first AI research director, and later worked on AI research at Meta. (Source: BlockBeats)