Intel Commits $50 Million for COVID-19 Response Efforts

Intel Commits $50 Million for COVID-19 Response Efforts

Intel has announced a $50 million commitment to expand access to technology during the COVID-19 public health crisis.

Approximately $40 million of the commitment will fund the Intel COVID-19 Response and Readiness Initiative and Intel Online Learning Initiative. The former will provide funding for healthcare and life sciences manufacturers' efforts to accelerate advances in diagnosis, treatment, and vaccine development, leveraging technologies such as artificial intelligence, high-performance computing, and edge-to-cloud service delivery. The initiative also will support industry alliances that accelerate worldwide capacity, capability, and policy to respond to future pandemics. 

Working with public school districts, the online learning initiative will support education-focused nonprofits and partners and provide students lacking access to technology with PCs, online resources, study-at-home guides, and assistance with device connectivity.

The chip maker also will allocate up to $10 million to an innovation fund in support of employee-led COVID-19 relief projects and requests from external partners to address critical needs in their communities. The funding is in addition to contributions totaling $10 million announced by the company in March, including $4 million through the Intel Foundation in support of community foundations and nonprofits working to address immediate needs related to the virus. 

"Intel is committed to accelerating access to technology that can combat the current pandemic and enable new technology and scientific discovery that better prepares society for future crises," said Intel CEO Bob Swan. "We hope that by sharing our expertise, resources and technology, we can help to accelerate work that saves lives and expands access to critical services around the world during this challenging time."

(Photo credit: Houston Methodist Hospital)