Shares of Nebius Group (NASDAQ: NBIS) have dropped nearly 30% from recent highs as concerns over AI infrastructure spending being unsustainable grow. However, this week saw a 14% rally in Nebius shares, showing investor confidence in the AI revolution continuing. Creative financing, including circular financing and off-balance sheet arrangements, has raised questions about the sustainability of investments in AI data center projects. Nebius recently announced a $3 billion commitment to provide AI infrastructure to Meta Platforms, with doubts arising about potential returns. Despite concerns, AI bulls drove investors to buy the dip, believing in the ongoing AI revolution.

Read more at Yahoo Finance: Why Nebius Stock Rallied This Week