# Paul Kedrosky

Markdown copy of https://realalpha.app/people/paul-kedrosky/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

Real Alpha has cut 2 moments of Paul Kedrosky (General partner, SK Ventures) talking, from an interview on Prof G Markets published Oct 27, 2026.

- Role: General partner, SK Ventures
- About: Invests in science-driven startups and founded HSBC James Capel’s technology equity research practice.
- On X: https://x.com/pkedrosky

## What Paul Kedrosky said

- [Anthropic’s future compute costs dwarf its current losses](https://realalpha.app/s/anthropics-future-compute-costs-dwarf-its-current-losses/)
  Prof G Markets · Oct 27, 2026 · 9 min
  > “the preponderance of the commitments are in future, they're massive, and they're all non-cancellable.” — Paul Kedrosky · [10:40](https://realalpha.app/v/ilkjZXwb8dU/?t=640)
- [Anthropic’s lower operating loss may be an IPO snapshot](https://realalpha.app/s/anthropics-lower-operating-loss-may-be-an-ipo-snapshot/)
  Prof G Markets · Oct 27, 2026 · 5 min
  > “there's a lot of work goes on in terms of preparing a company's cost for an IPO.” — Paul Kedrosky · [5:41](https://realalpha.app/v/ilkjZXwb8dU/?t=341)

## The episode

- [Anthropic's $800 Billion Problem Is Hiding In The Fine Print](https://realalpha.app/v/ilkjZXwb8dU/) · Prof G Markets · Oct 27, 2026