Sooth Labs plans to raise approximately $50 million to develop AI models for event prediction.

According to Bloomberg, Sooth Labs, an AI lab founded by former Meta employees, is raising approximately $50 million in funding, led by Felicis Ventures, with a post-money valuation of about $335 million. The company plans to develop AI models that predict the probability of specific geopolitical and market events, offering these capabilities to enterprises. Sooth Labs has also received support from Yann LeCun and Google’s Chief Scientist Jeff Dean, and Meta’s CTO Andrew Bosworth serves as an advisor.