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

ME News Report, April 23 (UTC+8), according to Beating Monitoring, AI laboratory Sooth Labs founded by former Meta employees is raising approximately $50 million at a valuation of about $335 million, with Felicis Ventures leading the investment. Yann LeCun and Google’s Chief Scientist Jeff Dean participated in the funding, and Meta CTO Andrew Bosworth serves as an advisor. Sooth Labs is headquartered in Pittsburgh, aiming to train AI models to help enterprises predict the likelihood of geopolitical and market events. Unlike traditional prediction algorithms, Sooth trains models on large-scale cross-industry datasets, supporting multimodal inputs such as video, audio, and text, allowing users to directly query the probability of specific events. In product demonstrations, the system predicted a 16% chance that WHO would declare another pandemic before 2028, and a 33% chance that Anthropic would go public this year. 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 a former Meta Vice President. Co-founder Ruslan Salakhutdinov is a CMU professor, a disciple of Geoffrey Hinton, and previously served as Apple’s first AI research director before conducting AI research at Meta. (Source: BlockBeats)