Scale Venture Partners Funds AI Security Alongside Nvidia's Revenue Surge

The artificial intelligence sector continues to see significant investment and rapid expansion across various industries, from enterprise software to critical infrastructure. Companies are reporting substantial growth and securing major funding rounds, underscoring AI's pivotal role in shaping future business operations and technological advancements. Glean, a leader in Work AI, recently announced a remarkable achievement, doubling its annual recurring revenue to $200 million. This milestone was reached on December 8, 2025, just nine months after the company hit the $100 million mark, highlighting the strong demand for AI solutions that deliver tangible business results. Meanwhile, Prime Security, a new player in agentic AI security, successfully raised $20 million in Series A funding, with Scale Venture Partners leading the investment. This capital will support its platform designed to protect software during development, a crucial phase prone to breaches and data leaks. In the realm of AI infrastructure, Nvidia Corporation continues its impressive performance, reporting spectacular Q3 earnings with revenue soaring to $18.12 billion. This represents a 206% increase from the previous year, and the company anticipates Q4 revenue to reach $20 billion, driven by robust demand for its powerful GPUs and integrated CUDA ecosystem. However, Nvidia faces growing competition from Broadcom, which is gaining traction by providing custom AI ASICs to large data centers, including those used by Google for its Tensor Processing Units. Addressing the power demands of burgeoning AI data centers, Boom Supersonic unveiled Superpower, a new 42-megawatt natural gas turbine, on December 9, 2025. This innovative solution, based on Boom's Symphony engine, aims to solve the power crisis faced by AI infrastructure, maintaining full output even in high temperatures without water. Boom also secured a $300 million funding round, naming Crusoe as its first customer. Concurrently, IREN Limited completed a major funding effort, raising $1 billion through convertible notes and share sales, part of a larger plan to secure over $3.6 billion for building out its AI data centers, following a significant Microsoft cloud contract. Beyond core AI development, established companies are also integrating AI into their strategic shifts. Walmart, for instance, moved its stock listing to Nasdaq, signaling its transformation into a tech-enabled e-commerce giant. The $910 billion company leverages AI to optimize inventory, predict customer needs, manage shipping, and enhance security, even deploying an AI shopping assistant named Sparky. Similarly, International Business Machines (IBM) continues its pivot towards software, hybrid cloud, AI, and quantum computing, reporting strong Q3 2025 results, though its stock currently holds an "overvalued" rating. This widespread adoption and investment across diverse sectors underscore AI's transformative impact, driving both specialized startups and established industry leaders to innovate and adapt.

Key Takeaways

• Glean doubled its annual recurring revenue to $200 million on December 8, 2025, just nine months after reaching $100 million, showcasing strong enterprise AI demand.
• Prime Security secured $20 million in Series A funding, led by Scale Venture Partners, to develop agentic AI software protection during development.
• Nvidia reported Q3 revenue of $18.12 billion, a 206% year-over-year increase, and projects Q4 revenue to hit $20 billion, maintaining its lead in AI GPUs and the CUDA ecosystem.
• Broadcom is emerging as a significant competitor to Nvidia in AI chips, securing orders for custom AI ASICs, including those used by Google for its Tensor Processing Units.
• Boom Supersonic introduced Superpower, a 42-megawatt natural gas turbine, on December 9, 2025, to address the power crisis in AI data centers, backed by a $300 million funding round.
• IREN Limited raised $1 billion through convertible notes and share sales to fund AI data center build-outs, following a significant Microsoft cloud contract.
• Walmart moved its stock listing to Nasdaq, signaling its transformation into a tech-enabled e-commerce company, leveraging AI for inventory, customer needs, shipping, and security with tools like Sparky.
• IBM is strategically shifting its focus to software, hybrid cloud, AI, and quantum computing, reporting strong Q3 2025 results despite its stock being considered overvalued.
• The demand for AI solutions that secure software during its development phase is increasing, as evidenced by Prime Security's successful funding.
• The AI market is experiencing rapid growth and substantial investment across hardware, software, and infrastructure, driving innovation in diverse sectors.

Glean doubles revenue to $200 million with enterprise AI

Glean, a leader in Work AI, announced on December 8, 2025, that it has doubled its annual recurring revenue to $200 million. This achievement happened just nine months after the company reached the $100 million milestone. This rapid growth shows a strong demand for AI solutions that help businesses achieve real results. Glean is now one of the fastest-growing enterprise software companies of the decade.

IBM stock attractive for AI but currently overvalued

International Business Machines, a global IT leader, has shifted its focus to software, hybrid cloud, AI, and quantum computing. The company reported strong Q3 2025 results, with revenue increasing 7% and adjusted earnings per share up 15%. IBM offers a secure dividend and has a strong financial standing. However, its stock is currently considered overvalued, leading to a "hold" rating despite its attractive pivot to AI.

Prime Security raises $20 million for AI software protection

Prime Security, a new company focused on agentic AI security, has successfully raised $20 million in Series A funding. Scale Venture Partners led this investment round. Co-founder and CEO Michael Nov stated that the platform helps secure software while it is being developed. This protection is crucial because software is very vulnerable to breaches and data leaks during its creation.

Nvidia stock surges with strong AI chip demand

Nvidia Corporation reported spectacular Q3 earnings, with revenue reaching $18.12 billion. This represents a huge 206% increase from last year and a 30% jump from the previous quarter. The company expects Q4 revenue to hit $20 billion, showing continued strong growth in the AI market. Nvidia dominates the AI hardware market with its powerful GPUs and integrated ecosystem, including Hopper architecture and CUDA software. Analysts upgraded Nvidia's stock to a "buy" due to its leading role in the AI revolution.

Boom Supersonic creates new turbine to power AI

Boom Supersonic announced on December 9, 2025, a new 42-megawatt natural gas turbine called Superpower. Founder and CEO Blake Scholl stated that AI data centers face a power crisis, which this new technology aims to solve. Superpower is based on Boom's Symphony supersonic engine, designed for continuous high-temperature operation. Unlike older turbines that lose power in heat, Superpower maintains its full output even at 110°F and operates without water. Boom also secured a $300 million funding round and named Crusoe as its first customer for this innovative power solution.

Walmart moves to Nasdaq to boost AI and e-commerce

Walmart has moved its stock listing from the New York Stock Exchange to Nasdaq, where it will keep its "WMT" symbol. This is the largest company ever to make such a switch. CEO Doug McMillon explained the move reflects Walmart's progress in technology. Investors believe this shows Walmart's goal to become a leading tech-enabled e-commerce company, not just a traditional retailer. The $910 billion company uses AI to improve inventory, predict customer needs, manage shipping, and reduce theft. Walmart also has smart shopping carts, digital price displays, and an AI shopping assistant named Sparky.

IREN raises $1 billion for AI data centers

IREN Limited recently completed a major funding effort, raising $1 billion through 1% senior unsecured convertible notes due June 1, 2033. The company also sold nearly 39.7 million ordinary shares directly. This capital raise is part of a larger plan to secure over $3.6 billion for building out its AI data centers and restructuring debt. This move follows a significant Microsoft cloud contract and a change of auditor to KPMG. While IREN's stock has been unstable, this funding aims to support its ambitious AI infrastructure plans.

Nvidia and Broadcom battle for AI chip leadership

Nvidia and Broadcom are competing to be the top AI chip stock in 2026. Nvidia currently leads the AI infrastructure market with its powerful GPUs, showing huge growth and over 90% market share in data centers. Its CUDA ecosystem provides flexibility and extensive AI tools. However, large data centers are increasingly turning to Broadcom for custom AI ASICs, which are more energy-efficient and cost-effective for specific tasks. Broadcom helped Alphabet create its Tensor Processing Units and has secured significant orders for custom AI chips. While Nvidia remains a leader, Broadcom is seen as having stronger growth potential for 2026 due to its smaller size and growing ASIC business.

Sources

• Glean Surpasses $200M in ARR for Enterprise AI, Doubling Revenue in Nine Months
• IBM Stock: A Pivot To Hybrid Cloud And AI Makes It Attractive, But Overvalued (NYSE:IBM)
• Exclusive: Agentic AI startup Prime Security raises $20M
• Nvidia Stock And The AI Monetization Supercycle No One Is Pricing In (NASDAQ:NVDA)
• Boom - FlyBy - AI Needs More Power Than the Grid Can Deliver. Supersonic Tech Can Fix That.
• Walmart's move to Nasdaq is part of a wider plan to build an AI and e-commerce powerhouse, investors say
• How Investors May Respond To IREN (IREN) Massive AI-Focused Convertible Note And Equity Raise
• Nvidia vs. Broadcom: Which Is the Better AI Chip Stock to Own in 2026?