Artificial Intelligence engineer salary in the USA 2024

Artificial Intelligence (AI) as a job

The field of Artificial Intelligence (AI) has witnessed unprecedented growth, making AI engineers among the top emerging professionals in 2023, according to a LinkedIn report. This surge in demand is reflected in the substantial salary figures reported by various sources. In this blog, we delve into key facts, positions, locations, top hiring companies, and salary variations based on experience in the AI job market in the United States.

Why become an Artificial Intelligence Engineer?

Becoming an Artificial Intelligence Engineer offers the opportunity to shape the future by creating innovative solutions to complex problems. It involves working on cutting-edge technologies and contributing to advancements that can revolutionize various industries.

1. Industry growth

According to the Enterprise Project, the AI market is expected to create 133 million jobs by the end of 2022, demonstrating the exponential growth in this sector. Additionally, 40% of organizations worldwide are expanding their recruitment plans due to the rise of Artificial Intelligence.

2. Emerging job status

Becoming an Artificial Intelligence Engineer is compelling due to its emerging job status. According to a LinkedIn report, AI specialists rank among the top 15 emerging jobs in 2023, experiencing an extraordinary growth rate of 81%. This surge in demand underscores the promising future and career opportunities within the field.

3. Average salary figures

Glassdoor research indicates that the average Artificial Intelligence Engineer salary in the US is ₹1,11,52,931 per year, while Indeed’s study suggests that it can go as high as ₹1,69,50,926 per year. The average compensation change for AI engineers over the last three years has been ₹7,69,586, reflecting an annual increase of 2.25%.

Job roles for Artificial Intelligence engineer in the USA

Artificial Intelligence is integral to various business domains, leading to a high demand for skilled professionals. Here are some key positions offering lucrative salaries:

1. AI Engineer

AI engineers design and develop applications utilizing AI technologies, contributing to higher performance productivity, improved decision-making, cost reduction, and increased profits. A bachelor’s degree and at least five years of AI experience are typically required, with salaries ranging from ₹97,76,303 to ₹1,69,50,926.

2. Machine Learning Engineer

Responsible for developing AI algorithms for predictive models, Machine Learning engineers play a crucial role in enabling data-driven business decisions. A bachelor’s degree in relevant fields like Business Informatics or AI engineering is required, with an average salary of ₹1,33,42,470 per year.

3. Data Scientists

Data scientists analyze, manage, and communicate critical values derived through data analysis, making them essential in the era of data-driven decision-making. A master’s degree in computer science and at least two years of experience is preferred, with average salaries reaching ₹1,03,66,849 per year.

4. Business Intelligence Developer

BI developers create data-driven reports, design, code, and build data architecture. A bachelor’s degree and several years of experience are required, with median salaries around ₹81,43,770 per year.

Artificial Intelligence Engineer salary in the USA based on location

The United States boasts several technology hubs and the choice of location significantly impacts salary growth. Here are some cities and their respective annual salaries (converted to INR):

1. Oakland, CA – ₹1,26,26,306
2. Norwalk, CT – ₹1,23,16,049
3. Wasilla, AK – ₹1,25,74,361
4. Tanaina, AK – ₹1,25,74,527
5. Vallejo, CA – ₹1,22,73,677
6. Hayward, CA – ₹1,23,61,834
7. San Jose, CA – ₹1,27,71,570
8. Seattle, WA – ₹1,22,76,674
9. Jackson, WY – ₹1,23,48,598
10. Concord, CA – ₹1,22,47,704

*Note: Salaries are approximate figures and subject to change based on factors like company, location, and business type.

Top hiring companies in the USA

The choice of the company significantly influences salary levels. Here are some top technology companies and their reported annual Artificial Intelligence Engineer salary (converted to INR):

1. Apple – ₹1,89,65,391
2. Amazon – ₹1,49,83,744
3. Google – ₹1,84,66,748
4. Intel – ₹1,13,34,581
5. Facebook – ₹1,02,42,979
6. eBay – ₹3,25,27,214

*Note: Salaries are approximate figures and subject to change based on factors like company, location, and business type.

Artificial Intelligence engineer salary in the USA based on years of experience

Artificial Intelligence engineer salary in the USA varies based on experience levels:

• Entry-level: ₹95,73,267
• Mid-level: ₹1,22,09,162
• Senior-level: ₹1,70,65,389

*Note: Salaries are approximate figures and subject to change based on factors like company, location, and business type.

Benefits & scope of working in the USA

AI-driven technologies are now integral to various sectors such as healthcare, technology, finance, national security, gaming, and retail. This demand positions AI-related careers, including AI engineering, as future-proof. The global transformation driven by AI ensures continuous career growth and opportunities.

AI engineers are in high demand across the US, with diverse job opportunities in various states. Beyond extensive knowledge, factors like company choice and location significantly impact salary growth and career progression. Planning, from resume building to understanding work permit requirements, is crucial for success in the competitive AI job market. To thrive in this dynamic field, continuous learning and practical application of knowledge are essential. As the global economy transforms with strong support for technologies like artificial intelligence, AI engineers are well-positioned for upward career growth.

Key takeaways

• The AI market is set to create 133 million jobs by 2022, with 40% of global organizations expanding their recruitment due to AI’s rise, emphasizing the exponential growth and demand in the field.
• AI specialists rank among the top 15 emerging jobs in 2023, experiencing an impressive 81% growth, showcasing promising career opportunities for aspiring Artificial Intelligence Engineers.
• Glassdoor and Indeed report the average Artificial Intelligence Engineer salary in the US ranges from ₹1,11,52,931 to ₹1,69,50,926 per year, with an annual increase of ₹7,69,586 over the last three years.
• AI roles such as AI Engineer, Machine Learning Engineer, Data Scientist, and Business Intelligence Developer offer varying salaries, with significant location-based differences. Cities like Oakland, CA, and companies like Apple, Amazon, and Google offer competitive salaries.

Hope you enjoyed reading this blog.

FAQs

Q1. Why become an AI Engineer?

Answer: AI Engineers shape the future with innovative solutions. LinkedIn reports AI specialists are a top 15 emerging job, growing by 81%, offering promising career opportunities.

Q2. What is the average Artificial Intelligence Engineer salary in the USA?

Answer: Glassdoor reports ₹1,11,52,931 annually, while Indeed suggests it can go up to ₹1,69,50,926 with a 2.25% annual increase.

Q3. How does location impact Artificial Intelligence Engineer salary in the USA?

Answer: Salaries vary by location. In Oakland, CA, it’s ₹1,26,26,306, while in Seattle, WA, it’s ₹1,22,76,674. City choice influences salary ranges.