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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Data: IHME COVID-19 health service utilization forecasting team; Cartogram: Andrew Witherspoon/Axios

Although the coronavirus is expected to peak in the U.S. in two weeks, many states will see their individual peaks well after that, according to a model by the University of Washington's Institute for Health Metrics and Evaluation.

Why it matters: States like Virginia and Maryland have more time to prepare for their systems to be maximally strained — if they make good use of that time.

States' coronavirus peaks are defined as the point at which there is the most demand for resources, namely hospital beds and ventilators.

  • This is also the point at which the most health care workers will be needed to care for coronavirus patients.

Some experts warn that states expected to face the hardest hit later in the year aren't using their lead time well.

  • "The states that are going to be affected last need to start husbanding resources now, because the feds could get tapped out ... by some of these early states, particularly New York, which has absorbed a lot of federal resources," former Food and Drug Administration Commissioner Scott Gottlieb told me.
  • Even though they may not be seeing a huge number of cases now, states like Texas and Florida should stop doing elective surgeries now in order to preserve personal protective equipment — like masks, gowns and gloves — for their health care workers, Gottlieb added.

The bottom line: Coronavirus outbreaks, both globally and in the U.S., have seemed manageable until it's too late. For states that so far aren't hit hard, there's no such thing as over-preparing.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Go deeper

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Investors increase their exuberance

Illustration: Eniola Odetunde/Axios

U.S. stocks jumped across the board on Monday and the S&P 500 had its best day since June 5, as the bulls stepped in and bought the dips in stock prices following last week's minor selloff.

Why it matters: While some have worried rising U.S. interest rates would dampen investor exuberance over the expected pickup in economic growth thanks to increasing vaccine numbers and big fiscal spending hopes, Monday showed investors still like risk assets. A lot.

4 hours ago - World

China and Russia vaccinate the world — for now

Illustration: Aïda Amer/Axios

While the U.S. and Europe focus on vaccinating their own populations, China and Russia are sending millions of COVID-19 vaccine doses to countries around the world.

Why it matters: China's double success in controlling its domestic outbreak and producing several viable vaccines has allowed it to focus on providing doses abroad — an effort that could help to save lives across several continents.

Ina Fried, author of Login
4 hours ago - Technology

China will dominate AI unless U.S. invests more, commission warns

Photo illustration: Axios Visuals. Photo: Krisztian Bocsi/Bloomberg via Getty Images

The U.S., which once had a dominant head start in artificial intelligence, now has just a few years' lead on China and risks being overtaken unless government steps in, according to a new report to Congress and the White House.

Why it matters: Former Google CEO Eric Schmidt, who chaired the committee that issued the report, tells Axios that the U.S. risks dire consequences if it fails to both invest in key technologies and fully integrate AI into the military.