Appaloosa Management
Appaloosa Management is the investment firm of David Tepper, owner of the Carolina Panthers, which has largely returned outside capital and runs as a family office. In 2026 it took part in Anthropic's $30B round in February and OpenAI's record round at the end of March.
Investing activity
Appaloosa Management appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $152B. The rounds are mostly Growth and Series G, with a median round size of $122B. The most recent are OpenAI (Growth, $122B, Feb 2026) and Anthropic (Series G, $30B, Feb 2026).
Appaloosa Management most often invests alongside Nvidia, MGX, SoftBank and Amazon, and the companies it backs on AI Lounge are mostly in Foundation models.
Deals
Frequently asked questions about Appaloosa Management
What AI companies has Appaloosa Management invested in?
Appaloosa Management's AI investments include OpenAI and Anthropic. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Appaloosa Management based?
Appaloosa Management is based in Miami Beach, US.
What stage does Appaloosa Management invest at?
In the rounds tracked on AI Lounge, Appaloosa Management has invested at Growth and Series G, with a median round of $122B.
Who does Appaloosa Management co-invest with?
Appaloosa Management's most frequent co-investors on AI Lounge are Nvidia (2 deals), MGX (2 deals), SoftBank (1 deal), Amazon (1 deal) and D.E. Shaw (1 deal).
How can founders reach Appaloosa Management?
Founders on AI Lounge can see Appaloosa Management's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Appaloosa Management to their Investor Pipeline to track the conversation.