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

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

2026-04-23 19:18View Original

ChainThink report, April 23: According to recent news, Sooth Labs, an AI research lab founded by former Meta employees, has completed a funding round of approximately $50 million at an estimated valuation of $335 million. The round was led by Felicis Ventures, with participation from Yann LeCun and Jeff Dean, Chief Scientist at Google, while Andrew Bosworth, CTO of Meta, serves as advisor.


Sooth Labs is headquartered in Pittsburgh, with its founding team drawn from Meta AI and Carnegie Mellon University (CMU). CEO Yaser Sheikh is a visiting professor at CMU and formerly served as Vice President at Meta;


Co-founder Ruslan Salakhutdinov is a professor at CMU and a protégé of Geoffrey Hinton. He previously served as Apple’s first Director of AI Research before joining Meta for AI research.


The lab aims to train AI models capable of forecasting the probability of geopolitical and market events for enterprises. Its models are trained on large-scale, cross-industry datasets and support multimodal inputs including video, audio, and text, enabling users to directly query the likelihood of specific events.


In product demonstrations, the system provided predictions such as a 16% probability of the WHO declaring another global pandemic before 2028 and a 33% probability of Anthropic going public this year. Target clients span finance, defense, insurance, and real estate sectors.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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