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AI-driven event prediction model company Sooth Labs is raising approximately $50 million, with a post-investment valuation of about $335 million.

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7 hours ago
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PANews April 23 news, according to Bloomberg, a startup company founded by former Meta employees, Sooth Labs, is raising approximately 50 million dollars, with a post-investment valuation of about 335 million dollars, to build models that can predict the probabilities of geopolitical and market events. The company plans to train large-scale datasets across industries (including clients' own data) and integrate multimodal inputs such as video, audio, and text, providing capital allocation and risk management decision support to institutions in finance, defense, insurance, and real estate. In the demonstration, the Sooth model gives a probability of 16% that "the World Health Organization will announce another pandemic before 2028" and a probability of 33% that "Anthropic will go public this year."

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