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Larry Chao

Vice President of Strategic Partnerships and Corporate Development | AI governance, risk, innovation

Larry Chao is a seasoned startup executive with successful exits to top companies like Intel and Softbank. He boasts an impressive background in global marketing, business development, and operations.

With a strong focus on mobile, semiconductor, and software-as-a-service industries, Larry also brings vertical expertise in retail, education, and healthcare IT sectors.

Having lived in Asia and Europe, Larry Chao has gained significant international experience which complements his degrees in Mechanical Engineering from Massachusetts Institute of Technology and Stanford University.

Larry is known for his strategic insights and execution skills, having worked closely with CEO's of both large corporations and startups. His passion for relationship-building extends to customers, partners, and developers.

Throughout his career, Larry has held key positions such as Vice President of Marketing and Product at ConstructionBevy, Head of Retail AI at Ricoh Innovations Corporation, and Director of Business Development at Intel Corporation.

Larry has also shared his expertise as a lecturer at San Jose State University and been involved with organizations like BootstrapLabs, EAIGG: Ethical AI Governance Group, and Silicon Catalyst.

Highlights

Aug 31 · linkedin
Aug 29 · linkedin

Insights from Andrew Ng of DeepLearning.AI on the rapid cost reduction for #LLMs (~80-90% drop in price per year):

"Let's say you build an application to assist a human worker, and it uses 100 tokens per second continuously: At $4/million tokens, you'd be spending only $1.44/hour – which is significantly lower than the minimum wage in the U.S. and many other countries."

"For many applications, it isn’t worth too much effort to optimize the cost. So first and foremost, I advise teams to focus on building a useful application rather than on optimizing LLM costs. ... even if an application is marginally too expensive to run today, it may be worth deploying in anticipation of lower prices."

https://lnkd.in/gVfkzhcp

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Larry Chao
Larry Chao, photo 1
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Location

San Francisco Bay Area