Full-Time
Machine Learning Engineer
Confirmed live in the last 24 hours
AI Fund
11-50 employees
Venture studio for AI-based startups
Compensation Overview
$155k - $175kAnnually
Junior, Mid
Palo Alto, CA, USA
Must be located in the Bay Area and available to work from our Palo Alto office at least three days a week.
- A degree in Computer Science, Engineering, Data Science, or a related field and 2-3 years of work experience.
- Solid understanding of machine learning concepts, including having worked on machine learning models or taken related courses.
- Experience with coding (preferably in Python or similar languages), basic backend systems, and databases. Familiarity with web services or APIs is a plus.
- Strong interpersonal skills and the ability to collaborate effectively with team members. Comfortable discussing technical ideas and learning from others.
- A passion for learning and a desire to work on complex, impactful problems.
- Must be located in the Bay Area and available to work from our Palo Alto office at least three days a week.
- Work with machine learning models, algorithms, and data to solve real-world problems related to computer vision and other AI tasks.
- Partner with engineers, data scientists, and other stakeholders to ensure smooth integration of AI solutions into our products.
- Contribute to building backend systems, including working with databases, APIs, and other backend services, ensuring they support our AI systems effectively.
- Stay updated with the latest advancements in machine learning and contribute ideas for improving our solutions.
- Assist senior team members in the development, testing, and optimization of machine learning models and systems.
- Familiarity with web services or APIs is a plus.
AI Fund creates and launches companies that use artificial intelligence to address complex challenges in various fields such as manufacturing, mental health, maritime shipping, and education. The company collaborates with innovators and technology leaders, acting as a minor co-founder to provide essential support and resources that help entrepreneurs turn their ideas into reality efficiently. Unlike traditional venture capital firms, AI Fund focuses on early-stage startups, offering strategic guidance and investment to help them grow. The company earns revenue by taking equity stakes in the businesses it helps develop, allowing it to benefit from their success as they expand. The main goal of AI Fund is to promote innovation in AI applications and create a positive impact on society.
Company Size
11-50
Company Stage
N/A
Total Funding
$385.9M
Headquarters
Palo Alto, California
Founded
2017
Simplify's Take
What believers are saying
- AI Fund's investment in Jivi taps into India's growing AI healthcare market.
- AI-driven compliance solutions are gaining traction, boosting market potential.
- Healthcare sector's AI adoption reduces administrative burdens, enhancing efficiency.
What critics are saying
- Increased competition from other AI-focused venture capital firms.
- Rapid AI advancements may render current portfolio companies obsolete.
- Growing AI ethics and regulation could increase compliance costs.
What makes AI Fund unique
- AI Fund acts as a minor co-founder, providing strategic support and resources.
- Focuses on AI-driven solutions across diverse industries like healthcare and logistics.
- Partners with innovators to develop AI-based companies from concept to reality.
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Benefits
Health Insurance
Wellness Program
Professional Development Budget
Paid Vacation
401(k) Company Match
Remote Work Options
Company News
Workhelix, a tech-enabled services company based in Palo Alto, CA, raised $15M in Series A funding. The round was led by AIX Ventures with participation from AI Fund, Accenture Ventures, BGV, Bloomberg Beta, and others. The funds will be used to expand operations and development efforts. The company helps enterprises maximize AI investments and has customers like Wayfair and Coursera. The founding team includes Erik Brynjolfsson, Andrew McAfee, James Milin, and Daniel Rock.
Gaia Dynamics, a Palo Alto, CA-based provider of an AI-driven platform for global trade compliance, raised $1.5M in Pre-Seed funding
Freight Hero, an automation startup, has exited stealth mode with backing from Dynamo Ventures and Andrew Ng's AI Fund. The company aims to innovate the freight brokerage industry by integrating AI automation with human oversight to streamline processes. CEO André Luis Martins Filho emphasizes the need for a culture shift in logistics to adapt to new technologies. With new financial support, Freight Hero is expanding its team, building its product, and onboarding clients for development collaboration.
Affineon Health Expands AI Inbox to Tackle Provider Burnout, Improve Patient CareDENVER, Feb. 3, 2025 /PRNewswire/ -- Affineon Health, a leader in AI-powered solutions to streamline the inbox for healthcare physicians and providers, today announced successfully closing a $5 million oversubscribed funding round. GPG Ventures led the seed round with participation from existing investor, AI Fund, and several other new investors.The funding enables Affineon to accelerate product development, expand its fast-growing market presence, and deepen its impact on one of healthcare's most pressing challenges: the administrative burden on providers that's a leading cause of physician burnout."We're empowering healthcare providers by automating tedious tasks so they can spend more time on patient care and less on administrative work," said David Norris, Co-Founder and CEO of Affineon Health. "This oversubscribed round underscores how important solving this problem is and positions Affineon to scale our AI inbox to improve even more lives."Transforming Provider Inboxes with AIBy automating routine lab results, prescription renewals, and patient communications, Affineon reduces inbox volume up to 80% and saves providers over five hours per week, while improving response times and the patient experience. Seamlessly integrated with electronic health record (EHR) systems, providers reclaim their time in Affineon's AI inbox without disrupting existing workflows.Investor Perspectives"By slashing the time doctors spend wrangling their inbox, Affineon reduces a major healthcare pain point," said Claire England, Investment Partner at GPG Ventures. "We're thrilled to back this experienced team's innovative AI inbox and their dedication to improving physician efficiency and patient care.""The healthcare industry is hungry for solutions that combine advanced AI technology with practical applications," said Matt Miller, Managing Partner at Headwater Ventures
One AI company has topped Hugging Face’s Open Medical-LLM Leaderboard – and it’s neither Google nor OpenAI. Founded in December 2023, India-based Jivi AI, which is building AI-powered co-pilots for doctors and consumers, scored a 91.65 average in the leaderboard for its latest model. In comparison, both OpenAI’s GPT-4 and Google’s Med-PaLM 2 – the latter a specifically medical LLM – scored in the low 80s. This indicates that Jivi’s model is most reliable in tasks such as understanding and generating clinically accurate information, responding to patient queries, and interpreting medical terms.Jivi AI co-founder Ankur Jain / Photo credit: Jivi AIAI Fund, the venture studio of Google Brain and Coursera founder Andrew Ng, poured an undisclosed amount of funding into Jivi just last month – the fund’s first Indian investment