Former Meta Executives Launch Event Prediction AI Lab Sooth Labs, Raising $50 Million at $335 Million Valuation

According to monitoring by Beating, Sooth Labs, an AI lab founded by former Meta employees, is raising approximately $50 million at a valuation of about $335 million, led by Felicis Ventures. Notable investors include Yann LeCun and Google Chief Scientist Jeff Dean, with Meta CTO Andrew Bosworth serving as an advisor. Headquartered in Pittsburgh, Sooth Labs aims to train AI models to help businesses predict the likelihood of geopolitical and market events. Unlike traditional predictive algorithms, Sooth trains its models on large-scale, cross-industry datasets, supporting multimodal inputs such as video, audio, and text, allowing users to directly query the probabilities of specific events. In product demonstrations, the system predicted a 16% chance that the WHO would announce another pandemic before 2028 and a 33% chance of Anthropic going public this year. Target customers include sectors such as finance, defense, insurance, and real estate. The founding team hails from Meta AI and Carnegie Mellon University. CEO Yaser Sheikh is a visiting professor at CMU and a former VP at Meta. Co-founder Ruslan Salakhutdinov is a CMU professor, a disciple of Geoffrey Hinton, and was the first AI research director at Apple before conducting AI research at Meta.