Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures.The stock market continued to advance, with the Nasdaq leading and the S&P 500 hitting a record high. Artificial intelligence plays rallied after President Donald Trump late Tuesday announced a $500 billion Stargate AI infrastructure project led by Oracle,

OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.

Elon Musk has cast doubt on if there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by Trump on Tuesday.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.