Full-Time
AI Fund
11-50 employees
Venture studio for AI-based startups
No salary listed
Senior, Expert
Oakland, CA, USA
Candidates from the San Francisco Bay Area are preferred.
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- A leader who thrives in the vibrant ecosystem of a startup
- Bachelor's or Master's degree or Phd in Computer Science, Artificial Intelligence, Machine Learning or related field
- 6 - 8+ years’ experience in AI/ML
- Ability to articulate your vision and complex technology solutions with a broad audience, from product/design leaders to investors
- Deep understanding of MLOps, including experience with CI/CD pipelines, model deployment, monitoring, and retraining strategies.
- Lead groundbreaking projects in AI
- Build and manage a team of machine learning scientists and engineers
- Collaborate with the founding engineering team to make pivotal decisions regarding infrastructure, architecture, and scalability
- Work with the CEO and product team to incorporate their aims with the machine learning strategy and development
- Work with other company leaders to decide on strategies and roadmaps
- Maintain and scale existing technologies
- Stay informed of the latest AI/ ML developments
- Proficiency in building and deploying AI agents, with hands-on experience using frameworks like LangChain or LlamaIndex
- Solid understanding of LLMOps concepts, with knowledge of managing and optimizing large language models in production environments.
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 by providing essential support and resources to help entrepreneurs turn their ideas into reality efficiently. AI Fund focuses on early-stage startups, offering strategic guidance and investment to help them grow. Unlike traditional venture capital firms, AI Fund takes equity stakes in the companies it helps, allowing it to benefit from their success as they expand. The goal of AI Fund is to promote innovation in AI applications and make 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