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Investors › Appaloosa Management
Appaloosa Management logo

Appaloosa Management

Family office · Miami Beach, US · appaloosamgmt.com ↗
David Tepper's investment firm, now largely managing family capital; backed both OpenAI and Anthropic in 2026.

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.

Artificial Intelligence

Deals

2
AI rounds and acquisitions Appaloosa Management took part in, newest first.
OpenAI logo
OpenAIdetails →GrowthFeb 27
SoftBank (lead), Nvidia (lead), Amazon (lead), MGX, Appaloosa Management, D.E. Shaw, Microsoft, T. Rowe Price, Andreessen Horowitz, TPG · Foundation models
$122B
val. $852B
Anthropic logo
Anthropicdetails →Series GFeb 12
Coatue (lead), GIC (lead), MGX, Appaloosa Management, Founders Fund, Nvidia, Blackstone · Foundation models
$30B
val. $380B
27× EV/ARR
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