AI Engineer Salary: The Lucrative World of AI Engineering (2024)

Table of Contents
Who Is an AI Engineer? What Does an Artificial Intelligence(AI) Engineer Do? AI Engineers Salaries Across the Globe Become a AI & Machine Learning Professional Here's what learners are saying regarding our programs: AI Engineer Salary in India Artificial Intelligence Engineer Salary Based on Experience (India) Career in Artificial Intelligence Highest Paying Countries for AI Engineers Top AI Jobs 1. Machine Learning Engineer 2. Data Scientist 3. Artificial Intelligence Researcher 4. Software Engineer 5. Systems Engineer 6. Hardware Engineer 7. Network Engineer 8. Database Administrator 9. Information Security Analyst 10. User Experience Designer Top AI Recruiters/ Top Companies Hiring for AI Become a AI & Machine Learning Professional Here's what learners are saying regarding our programs: How to Boost Artificial Intelligence Engineer Salary? Choose the Right AI Program What Can the Year 2024 Bring for AI Engineers? FAQs 1. What is the salary of a AI Engineer in India? 2. What is the starting salary for a AI Engineer in India? 3. What is the highest salary for a AI Engineer in India? 4. How does AI Engineer Salary in India change with experience? 5. What are the top paying industries for AI Engineer in India? 6. What are the popular/top skills required to become a AI Engineer? 7. How much does an Artificial Intelligence Engineer make? 8. What are Top 5 Best Paying Related Artificial Intelligence Engineer Jobs in the U.S.? 9. What is the lowest salary for an AI Engineer in United States? 10. What is the highest salary for an AI Engineer in United States? FAQs

A few decades ago, the term Artificial Intelligence was reserved for scientific circles and tech-enthusiasts who wanted to sound cool. But, ever since its coining in 1955, AI has only grown in popularity. Today, you wouldn’t find a technology magazine that doesn’t mention artificial intelligence in every other paragraph.

Here's a quick video explaining the rise in demand for AI engineers and trends in an AI engineer's salary worldwide.

Who Is an AI Engineer?

An AI Engineer is a professional skilled in developing, programming, and implementing artificial intelligence (AI) systems and applications. Their expertise lies in utilizing algorithms, data sets, and machine learning (ML) principles to create intelligent systems performing tasks that typically require human intelligence. These tasks may include problem-solving, decision-making, natural language processing, and understanding human speech.

AI Engineers work across various stages of AI project development, from conceptualizing and designing AI models to deploying and maintaining these systems in production environments. Their responsibilities often encompass:

  1. Data Analysis and Preprocessing: Cleaning and organizing data to be used for AI models.
  2. Modeling and Algorithm Development: Designing, implementing, and training AI and machine learning models.
  3. Integration and Testing: Integrating AI models into existing systems and ensuring they function as intended.
  4. Deployment and Maintenance: Deploying AI systems in production and updating them as needed.

AI Engineers typically have a strong foundation in computer science, mathematics, and statistics, with specialized knowledge in machine learning, deep learning, natural language processing, and computer vision. They must also be proficient in programming languages commonly used in AI, such as Python, and tools and frameworks like TensorFlow, PyTorch, and Keras.

Due to the interdisciplinary nature of AI, engineers often collaborate with data scientists, software engineers, and domain experts to develop solutions tailored to specific business needs or research objectives. The role requires continuous learning to keep up with the rapidly evolving field of artificial intelligence.

What Does an Artificial Intelligence(AI) Engineer Do?

Before getting on the question at hand, we need to know top AI engineer's job roles. Machine Learning (ML) Engineers, Data Scientists, Data Analyst, Computer Vision Engineer, Business Intelligence Developer, and Algorithm Engineers are just some of the many different positions that come under the umbrella of AI engineering. Each of these positions entails a different job-profile, but, generally speaking, most AI engineers deal with designing and creating AI models. Everything from the maintenance to performance supervision of the model is the responsibility of the AI engineer.

Most AI engineers come from a computer science background and have strong programming skills, which is a non-negotiable part of an AI engineer’s position. Proficiency in Python and Object-Oriented Programming is highly desirable. But for an AI engineer, what is even more important than programming languages is the programming aptitude. Since the whole point of an AI system is to work without human supervision, AI algorithms are very different from traditional codes. So, the AI engineer must be able to design algorithms that are adaptable and capable of evolving.

Other than programming, an AI engineer needs to be conversant in an assortment of disciplines like robotics, physics, and mathematics. Mathematical knowledge is especially crucial as linear algebra and statistics play a vital role in designing AI models.

Read More: Gaurav Tyagi’s love for learning inspired to him to upskill with our AI For Decision Making: Business Strategies And Applications. Read about his journey and his experience with our course in his Simplilearn AI Program Review.

AI Engineers Salaries Across the Globe

At the moment, AI engineering is one of the most lucrative career paths in the world. The AI job market has been growing at a phenomenal rate for some time now. The entry-level annual average AI engineer salary in India is around 10 lakhs, which is significantly higher than the average salary of any other engineering graduate. At high-level positions, the AI engineer salary can be as high as 50 lakhs.

AI engineers earn an average salary of well over $100,000 annually. According to Glassdoor, the average national salary is over $110,000; and the high salary is $150,000.

  • Although AI engineering is still an emerging career-path, the early adopters of AI with more than ten years of experience in the field can charge up to 1 crore per annum. These fantastic figures are not limited to India, though.
  • The average annual AI engineer salary in the US is over $110K.
  • The annual AI engineer salary in Canada is over 85,000 C$ on an average.
  • Prospects for AI developers are just as bright in Europe with a median AI engineer salary in the UK being over 60,000 pounds per annum.
  • In contrast, the annual AI engineer salary in Germany is somewhere around €84,574.
  • As for other major AI markets, the AI engineer salary in Australia can be as high as $110,000 per year.
  • And, the average annual AI engineer salary in Singapore is S$74,943

However, you must note that these figures can vary significantly based on several factors like:

  • The type of AI engineering viz. Machine Learning, Data Science, etc
  • Experience
  • Skills and qualifications

Companies Hiring for Artificial Intelligence Engineers:

Here is the list of companies/ startups hiring in AI right now are IBM, Fractal.ai, JPMorgan, Intel, Oracle, Microsoft, etc.

Become a AI & Machine Learning Professional

  • $267 billionExpected Global AI Market Value By 2027
  • 37.3%Projected CAGR Of The Global AI Market From 2023-2030
  • $15.7 trillionExpected Total Contribution Of AI To The Global Economy By 2030

prevNext

Here's what learners are saying regarding our programs:

  • AI Engineer Salary: The Lucrative World of AI Engineering (3)

    Indrakala Nigam Beniwal

    Technical Consultant, Land Transport Authority (LTA) Singapore

    I completed a Master's Program in Artificial Intelligence Engineer with flying colors from Simplilearn. Thanks to the course teachers and others associated with designing such a wonderful learning experience.

  • AI Engineer Salary: The Lucrative World of AI Engineering (4)

    Akili Yang

    Personal Financial Consultant, OCBC Bank

    The live sessions were quite good; you could ask questions and clear doubts. Also, the self-paced videos can be played conveniently, and any course part can be revisited. The hands-on projects were also perfect for practice; we could use the knowledge we acquired while doing the projects and apply it in real life.

prevNext

Not sure what you’re looking for?View all Related Programs

Artificial Intelligence Engineer Salary Based on Experience (India)

The salary for AI professionals in India can vary based on a variety of factors, including experience, job role, industry, and location. However, here's an estimate of the AI salary based on experience in India:

  • Entry-level (0-2 years of experience): Rs. 4-8 lakhs per annum
  • Mid-level (2-5 years of experience): Rs. 8-15 lakhs per annum
  • Experienced (5-10 years of experience): Rs. 15-30 lakhs per annum
  • Senior-level (10+ years of experience): Rs. 30+ lakhs per annum

It's important to note that these figures are just estimates and can vary based on individual circ*mstances. Additionally, the industry and location can also play a role in determining AI salaries, with industries such as finance, healthcare, and technology typically paying higher salaries and cities such as Bangalore, Mumbai, and Delhi generally paying higher salaries than other cities in India.

If you're interested in pursuing a career in Artificial Intelligence (AI), here are some steps that can help you get started:

Career in Artificial Intelligence

  1. Learn the basics: Start by gaining a strong foundation in the fundamentals of AI, including machine learning, deep learning, natural language processing, and computer vision.
  2. Develop technical skills: Once you have a basic understanding of AI, it's important to develop technical skills. This can include learning programming languages such as Python, R, and Java, as well as tools and frameworks such as TensorFlow, Keras, and PyTorch.
  3. Gain practical experience: As with any field, gaining practical experience is crucial to building your AI career. Consider taking on AI-related projects (you can find these in our AI program)
  4. Network with professionals: Attend industry events, conferences, and workshops to network with other AI professionals and learn about the latest trends and developments in the field.
  5. Choose a career path: There are many different career paths within AI, including data scientist, machine learning engineer, AI researcher, and AI consultant. Consider your strengths and interests to determine which path is right for you.
  6. Keep learning: AI is a rapidly evolving field, so it's important to keep up with the latest developments and trends by reading blogs, attending webinars, and participating in online courses.

By following these steps, you can build a successful career in AI and become a valuable contributor to the field.

Highest Paying Countries for AI Engineers

The top 7 countries with the maximum opportunities for Artificial Intelligence (AI) Professionals are:

  • United States (US)
  • Europe
  • India
  • Germany
  • Canada
  • United Kingdom (UK)
  • China

There are various positions that an AI engineer can take up. An AI engineer’s salary depends on the market demand for his/her job profile. Presently, ML engineers are in greater demand and hence bag a relatively higher package than other AI engineers. Similarly, the greater the experience in artificial intelligence, the higher the salary companies will offer. Although you can become an AI engineer without a Master’s degree, it is imperative that you keep updating and growing your skillset to remain competitive in the ever-evolving world of AI engineering.

Top AI Jobs

There are a number of exciting and in-demand jobs in the field of artificial intelligence (AI). Here are some of the top AI jobs that you may want to consider:

1. Machine Learning Engineer

As a machine learning engineer, you will be responsible for developing and implementing algorithms that enable computers to learn from data. This includes working with large data sets, designing and testing machine learning models, and tuning algorithms for efficient execution.

2. Data Scientist

Data scientists use their expertise in statistics, mathematics, and computer science to analyze complex data sets. They work with organizations to gain insights that can be used to improve decision-making.

3. Artificial Intelligence Researcher

As an AI researcher, you will be responsible for investigating and developing new artificial intelligence algorithms and applications. This includes conducting research, writing papers, and presenting your findings at conferences.

4. Software Engineer

Software engineers develop the software that enables computers to function. This includes creating algorithms, testing code, and debugging programs.

5. Systems Engineer

Systems engineers design and oversee the implementation of complex systems. This includes planning and coordinating system development, ensuring compatibility between components, and troubleshooting issues.

6. Hardware Engineer

Hardware engineers design and oversee the manufacture of computer hardware components. This includes circuit boards, processors, and memory devices.

7. Network Engineer

Network engineers design and implement computer networks. This includes configuring networking equipment, developing network architectures, and troubleshooting network problems.

8. Database Administrator

Database administrators maintain databases and ensure that data is stored securely and efficiently. This includes designing database structures, implementing security measures, and backing up data.

9. Information Security Analyst

Information security analysts plan and implement security measures to protect computer networks and systems. This includes researching security threats, assessing risks, and developing countermeasures.

10. User Experience Designer

User experience designers create user interfaces that are both effective and efficient. This includes developing navigation schemes, designing graphical elements, and testing prototypes.

These are just a few of the many exciting and in-demand jobs in the field of artificial intelligence. With the right skills and experience, you can find a position that matches your interests and abilities.

Top AI Recruiters/ Top Companies Hiring for AI

Just as AI is transforming the business landscape, it is also opening up new opportunities in the recruiting sphere. Here are some of the top companies and recruiters who are hiring for AI roles:

  1. Google: One of the tech giants leading the charge in AI development, Google is also one of the top employers looking for talent in this field. The company is looking for candidates with experience in machine learning, natural language processing, and deep learning.
  2. IBM: Another tech giant, IBM has been at the forefront of AI development for many years. The company is now looking to expand its AI team and is seeking candidates with experience in data science, machine learning, and deep learning.
  3. Facebook: The social media giant is also looking to get into the AI game and is seeking candidates with experience in machine learning and artificial intelligence.
  4. Amazon: The e-commerce juggernaut is also looking to join the AI race and is hiring for roles in machine learning and artificial intelligence.
  5. Apple: The Cupertino-based tech giant is also looking to hire for AI roles, specifically in the field of machine learning.

These are just some of the top companies and recruiters who are hiring for AI roles. If you have the right skills and experience, don't hesitate to apply!

Become a AI & Machine Learning Professional

  • $267 billionExpected Global AI Market Value By 2027
  • 37.3%Projected CAGR Of The Global AI Market From 2023-2030
  • $15.7 trillionExpected Total Contribution Of AI To The Global Economy By 2030
  • AI Engineer Salary: The Lucrative World of AI Engineering (5)

    Artificial Intelligence Engineer

    • Add the IBM Advantage to your Learning
    • Generative AI Edge

    11 months

    View Program

  • AI Engineer Salary: The Lucrative World of AI Engineering (6)

    Post Graduate Program in AI and Machine Learning

    • Program completion certificate from Purdue University and Simplilearn
    • Gain exposure to ChatGPT, OpenAI, Dall-E, Midjourney & other prominent tools

    11 months

    View Program

prevNext

Here's what learners are saying regarding our programs:

  • AI Engineer Salary: The Lucrative World of AI Engineering (7)

    Indrakala Nigam Beniwal

    Technical Consultant, Land Transport Authority (LTA) Singapore

    I completed a Master's Program in Artificial Intelligence Engineer with flying colors from Simplilearn. Thanks to the course teachers and others associated with designing such a wonderful learning experience.

  • AI Engineer Salary: The Lucrative World of AI Engineering (8)

    Akili Yang

    Personal Financial Consultant, OCBC Bank

    The live sessions were quite good; you could ask questions and clear doubts. Also, the self-paced videos can be played conveniently, and any course part can be revisited. The hands-on projects were also perfect for practice; we could use the knowledge we acquired while doing the projects and apply it in real life.

prevNext

Not sure what you’re looking for?View all Related Programs

How to Boost Artificial Intelligence Engineer Salary?

There are a few key things you can do to help boost your AI salary. First, focus on acquiring in-demand skills. One of the best ways to do this is to enroll in a top-rated certification program. Second, keep up with the latest industry trends and developments. Finally, consider pursuing management or leadership roles within your organization. By taking these steps, you can position yourself for success and earn a higher salary in the AI field.

Choose the Right AI Program

Supercharge your career in AI and ML with Simplilearn's comprehensive courses. Gain the skills and knowledge to transform industries and unleash your true potential. Enroll now and unlock limitless possibilities!

Program NameAI EngineerPost Graduate Program In Artificial IntelligencePost Graduate Program In Artificial Intelligence
GeoAll GeosAll GeosIN/ROW
UniversitySimplilearnPurdueCaltech
Course Duration11 Months11 Months11 Months
Coding Experience RequiredBasicBasicNo
Skills You Will Learn10+ skills including data structure, data manipulation, NumPy, Scikit-Learn, Tableau and more.16+ skills including
chatbots, NLP, Python, Keras and more.
8+ skills including
Supervised & Unsupervised Learning
Deep Learning
Data Visualization, and more.
Additional BenefitsGet access to exclusive Hackathons, Masterclasses and Ask-Me-Anything sessions by IBM
Applied learning via 3 Capstone and 12 Industry-relevant Projects
Purdue Alumni Association Membership Free IIMJobs Pro-Membership of 6 months Resume Building AssistanceUpto 14 CEU Credits Caltech CTME Circle Membership
Cost$$$$$$$$$$
Explore ProgramExplore ProgramExplore Program

What Can the Year 2024 Bring for AI Engineers?

Even as you read this article, the demand for AI is booming across the globe. AI engineer salaries will keep rising as industries like tech, financial services, and medical research turn to artificial intelligence. As more global brands like Google and Nvidia dive deeper into Artificial Intelligence (AI), the demand and the salaries for AI engineers will only go upwards in 2024 and the decades to follow. Even government agencies in many developed and developing nations will open up AI engineer positions as they realize the enormous impact AI can have on the defense and governance sector.

Looking at the current pandemic scenario, jobs are better left till the dawn of next year. The time you have right now will be far better utilized in upgrading your AI repertoire.

Unlike most other fields, AI of tomorrow will look nothing like the AI of today. It is evolving at a breathtaking speed, and ensuring your Artificial Intelligence (AI) skills are relevant to current market needs, you better keep upgrading it. If you wish to get a step closer to these lucrative salaries, sharpen your AI skills with the world-class Artificial Intelligence Engineer program, and, before you know it, you will be standing in the world of AI engineers!

FAQs

1. What is the salary of a AI Engineer in India?

The salary of an AI Engineer in India can range from 8 lakhs to 50 lakhs annually.

2. What is the starting salary for a AI Engineer in India?

The starting salary for an AI Engineer in India can be from 8 lakhs annually.

3. What is the highest salary for a AI Engineer in India?

50 laksh is the highest salary for an AI Engineer in India

4. How does AI Engineer Salary in India change with experience?

As experience and position increases, the salary also increases.

5. What are the top paying industries for AI Engineer in India?

IT is one of the highest paying industry for AI Engineer.

6. What are the popular/top skills required to become a AI Engineer?

Popular skills for AI Engineers to have are programming languages, data engineering, exploratory data analysis, deploying, modelling, and security.

7. How much does an Artificial Intelligence Engineer make?

Average Artificial Intelligence Engineer salary in the US is around $100k annually.

8. What are Top 5 Best Paying Related Artificial Intelligence Engineer Jobs in the U.S.?

Top 5 Artificial Intelligence Jobs in the US are Machine Learning Engineer, Data Scientist, Business Intelligence Developer, Research Scientist, and Big Data Engineer/Architect.

9. What is the lowest salary for an AI Engineer in United States?

The lowest salary for an AI Enginner in the US is around $100k annually.

10. What is the highest salary for an AI Engineer in United States?

Highest salary can go over $150 to $200k annually.

AI Engineer Salary: The Lucrative World of AI Engineering (2024)

FAQs

Which AI engineer has highest salary? ›

Highest Paying AI Engineer Roles By Company
CompanyAI Engineer Salary
Bloomberg$202,840
NVIDIA$179,451
Microsoft$160,857
OpenAI$156,913
11 more rows
Mar 3, 2024

How much do AI engineers make in the world? ›

According to recent studies, the average AI engineer salary globally is approximately $110,000 per annum. This figure can be significantly higher in developed countries such as the United States, where the average is around $140K per year.

Do AI engineers make good money? ›

As of Apr 14, 2024, the average annual pay for an Artificial Intelligence Engineer in the United States is $106,386 a year. Just in case you need a simple salary calculator, that works out to be approximately $51.15 an hour.

Is AI a lucrative career? ›

As industries from healthcare to space exploration embrace AI, the demand for skilled professionals is soaring. Being an AI professional not only positions you at the forefront of technological advancements but also opens doors to a variety of high-paying, dynamic job roles.

What is the salary of AI engineer in USA? ›

The average salary for AI Engineer is $1,51,804 per year in the United States. The average additional cash compensation for a AI Engineer in the United States is $35,076, with a range from $26,307 - $49,107.

Which field of AI pays the most? ›

Highest Paying Jobs in AI
  • AI Research Scientist.
  • AI Architect.
  • AI Programmer.
  • AI Product Managers.
  • Natural Language Processing Engineer.
  • Head of Analytics With Artificial Intelligence.
  • AI Lead Data Scientist.
  • Frequently Asked Questions on Highest Paying Jobs in AI.

How much does NASA pay artificial intelligence engineers? ›

How much do nasa artificial intelligence jobs pay per year? $66,000 is the 25th percentile. Salaries below this are outliers. $132,500 is the 90th percentile.

How much does a Netflix AI engineer make? ›

These considerations can cause your compensation to vary and will also be dependent on your location. The overall market range for roles in this area of Netflix is typically $300,000 - $900,000. This market range is based on total compensation (vs. only base salary), which is in line with our compensation philosophy."

Can AI engineers work from home? ›

You can even schedule meetings through artificial intelligence or find a new favorite TV show to watch. AI is growing rapidly, and the coming decades will see more AI-powered voice assistants guiding our every task. All of this means that the demand for remote AI engineer jobs is increasing rapidly.

Is AI a stressful job? ›

As AI becomes integral to job roles, many employees feel their existing skills might become redundant. The mounting pressure to stay relevant through continuous upskilling and training becomes another source of stress.

Do AI engineers get paid more than software engineers? ›

According to our salary data, there is a noticeable difference in compensation between Software Engineers who specialize in Artificial Intelligence (AI) and those who do not. Specifically, Entry AI Engineers make an average of 8.13% more than their non-AI counterparts in the same company and same level.

Who earns more AI engineer or software engineer? ›

So, what's the median AI engineer salary? The average AI engineer salary in the US is around $165K. This salary is higher than the median income of a data scientist, which is approximately $130K. It is also higher than the income of a software engineer, which is around $100K at an intermediate level.

Is it worth becoming an AI engineer? ›

Yes, AI engineers are typically well-paid due to the high demand for their specialized skills and expertise in artificial intelligence and machine learning. Their salaries can vary based on experience, location, and the specific industry they work in, but generally, they command competitive compensation packages.

Is it worth getting a degree in AI? ›

Earning a bachelor's degree or master's degree in artificial intelligence can be a worthwhile way to learn more about the field, develop key skills to begin—or advance—your career, and graduate with a respected credential.

What jobs will AI overtake? ›

“Examples include data entry, basic customer service roles, and bookkeeping.” Even assembly line roles are at risk because robots tend to work faster than humans and don't need bathroom breaks. Zafar also points out that jobs with “thinking” tasks are more vulnerable to replacement.

Are AI engineers in high demand? ›

Are AI engineers in high demand? Yes, AI engineers are in high demand due to the growing demand for AI technologies in various industries. According to the Bureau of Labour Statistics, Artificial Intelligence engineers' career growth is anticipated to be at least 31.4% by 2030.

Is AI engineering a good career? ›

1. Is AI Engineering a good career? With the increasing integration of AI across industries, AI Engineering is a highly promising and rewarding career choice. AI Engineers are in demand to drive innovative solutions and technological advancements and shape the future.

How much do AI engineers make in NYC? ›

The estimated total pay for a AI Engineer is $167,123 per year in the New York, NY area, with an average salary of $125,712 per year.

Top Articles
Latest Posts
Article information

Author: Melvina Ondricka

Last Updated:

Views: 6190

Rating: 4.8 / 5 (68 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Melvina Ondricka

Birthday: 2000-12-23

Address: Suite 382 139 Shaniqua Locks, Paulaborough, UT 90498

Phone: +636383657021

Job: Dynamic Government Specialist

Hobby: Kite flying, Watching movies, Knitting, Model building, Reading, Wood carving, Paintball

Introduction: My name is Melvina Ondricka, I am a helpful, fancy, friendly, innocent, outstanding, courageous, thoughtful person who loves writing and wants to share my knowledge and understanding with you.