ChainThink reports that on April 23, according to related reports, Sooth Labs, an AI lab founded by former Meta employees, is raising approximately $50 million at a valuation of around $335 million. The round is led by Felicis Ventures, with participation from Yann LeCun and Google’s Chief Scientist Jeff Dean, and Andrew Bosworth, Meta’s CTO, serving as an advisor.
Sooth Labs is headquartered in Pittsburgh, with its founding team coming from Meta AI and Carnegie Mellon University. CEO Yaser Sheikh is a visiting professor at CMU and formerly served as a vice president at Meta.
Co-founder Ruslan Salakhutdinov is a professor at CMU, a student of Geoffrey Hinton, former head of Apple’s first AI research team, and later conducted AI research at Meta.
The lab aims to train AI models that help businesses predict the likelihood of geopolitical and market events. The models are trained on large-scale, cross-industry datasets and support multimodal inputs such as video, audio, and text, allowing users to directly query the probability of specific events occurring.
During the product demonstration, the system provided predictions such as a 16% probability of the WHO declaring another pandemic before 2028 and a 33% probability of Anthropic going public this year, targeting customers in finance, defense, insurance, and real estate.