Nebius Group (NBIS) saw its stock soar 5.01% in Sunday trading, reflecting growing investor interest in the company's position within the booming artificial intelligence (AI) infrastructure market. The unusual weekend movement suggests that market participants are reacting to the company's potential as a key player in the rapidly expanding AI sector.

Nebius Group, which operates a cloud-based infrastructure-as-a-service (IaaS) business, is gaining attention for its unique offering that provides AI developers access to high-performance computing power. The company is strategically positioned to benefit from the projected $6.7 trillion investment in AI infrastructure by the next decade, according to McKinsey & Company.

Investors appear to be particularly excited about Nebius's aggressive growth plans. The company 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. This ambitious target is supported by Nebius's expanding data center footprint across multiple countries and its partnerships with industry leaders like Nvidia for cutting-edge GPU architectures.

While Nebius remains smaller than some competitors like CoreWeave, some market observers suggest it might be undervalued given its growth potential. As the demand for AI infrastructure continues to surge, Nebius's strategic positioning and partnerships could make it an attractive option for investors looking to capitalize on the AI boom.