Nebius Group (NBIS) saw its stock soar 5.22% in pre-market trading on Monday, building on its 5.01% gain from Sunday. The continued surge reflects growing investor enthusiasm for the company's expanding role in the artificial intelligence (AI) infrastructure market and its recent international growth.

The pre-market rally appears to be fueled by Nebius's announcement of its launch in the United Kingdom, where it will be expanding Britain's AI infrastructure with Nvidia Blackwell Ultra technology. This move aligns with the company's aggressive growth strategy, which aims to increase its annual recurring revenue (ARR) run rate from the current $249 million to between $750 million and $1 billion by year-end.

Investors are showing increased interest in Nebius's unique offering of cloud-based infrastructure-as-a-service (IaaS) for AI developers. The company is strategically positioned to benefit from the projected $6.7 trillion investment in AI infrastructure over the next decade, according to McKinsey & Company. As demand for AI computing power continues to surge, Nebius's expanding data center footprint and partnerships with industry leaders like Nvidia could make it an attractive option for investors looking to capitalize on the AI boom.