SoothLabs plans to raise approximately $50 million to develop an event prediction AI model

SoothLabs, an AI laboratory founded by former Meta employees, is raising approximately US$50 million in financing, led by Felicis Ventures, with a post-investment valuation of approximately US$335 million. The company plans to develop AI models to predict the probability of specific geopolitical events and market events, providing relevant capabilities for enterprises. SoothLabs also has support from YannLeCun and Google Chief Scientist Jeff Dean, and Meta Chief Technology Officer Andrew Bosworth serves as its advisor.