Full-Time

Machine Learning Scientist

Confirmed live in the last 24 hours

Arena AI

Arena AI

51-200 employees

Optimizes pricing strategies using AI

Consulting
AI & Machine Learning
Consumer Goods

Compensation Overview

$135k - $200kAnnually

+ Equity + Benefits Packages

Mid, Senior

New York, NY, USA

Working full time in our office in NYC.

Category
Applied Machine Learning
Deep Learning
AI & Machine Learning
Required Skills
Tensorflow
Pytorch
Requirements
  • Working full time in our office in NYC
  • Model training, deployment and maintenance experience in a production environment
  • Strong skills in deep learning and related frameworks (ie. Pytorch, Tensorflow, DeepSpeed, Ray, Pytorch Lightning)
  • Experience in dealing with high performance, large scale ML systems
  • Strong high-level programming skills and passionate about good engineering, clean code, scalability
  • Deep passion for AI and building machine learning systems
  • Interested in the full ML stack from initial R&D through deploying models into production
  • Strong written and verbal communication skills to operate in a cross functional team environment
Responsibilities
  • developing ML systems that power closed loop automated decision making for large enterprises
  • Our technology encompasses large transformer based models that feed multi-modal data in addition to Reinforcement learning based smart exploration/exploitation systems
  • Your work will span the spectrum from quick exploratory/experimental models to scaled, production processes
  • Your work may start from simple models, but the ultimate goal is to push the boundaries of what is scientifically and technically possible, and share those advances with the greater scientific community via publication and/or open source

Arena AI specializes in creating active learning systems that focus on optimizing pricing strategies for businesses. Their systems utilize advanced artificial intelligence techniques, particularly reinforcement learning, to continuously adapt and improve based on real-world data. This allows companies in sectors like retail and e-commerce to enhance their pricing strategies, ultimately maximizing revenue and maintaining competitiveness. Arena AI operates on a performance-based model, meaning they are compensated based on the measurable improvements they achieve for their clients. This aligns their goals with those of their clients, ensuring a strong motivation to deliver effective solutions. The team at Arena AI consists of experts from top institutions and companies, bringing extensive knowledge and experience to address complex challenges in pricing optimization.

Company Stage

Series A

Total Funding

$62.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

51%

1 year growth

145%

2 year growth

165%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $32 million Series A funding, led by prominent investors like Initialized and Goldcrest Capital, positions Arena AI for significant growth and development.
  • Arena AI's focus on high-frequency decision-making automation can lead to substantial efficiency gains for clients, making it an attractive workplace for those interested in cutting-edge AI applications.
  • The company's results-driven model offers employees the satisfaction of seeing direct, measurable impacts of their work on client success.

What critics are saying

  • The niche focus on pricing strategies may limit market opportunities compared to more diversified AI companies.
  • Dependence on performance-based revenue can lead to financial instability if client outcomes do not meet expectations.

What makes Arena AI unique

  • Arena AI specializes in active learning systems for pricing strategies, a niche focus that sets it apart from broader AI competitors.
  • Their performance-based business model ensures alignment with client goals, unlike traditional subscription or licensing models.
  • The team’s background from prestigious institutions and companies like Stanford, MIT, and Google provides a competitive edge in expertise and innovation.

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