Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Photo: Intel
Intel announced Tuesday a $50 million coronavirus relief program designed to support more research, technology for patient care, and help for lower income students' distance-learning needs.
Why it matters: Intel's donation comes on top of an earlier $10 million pledge and amid other large donations from Apple, Microsoft, Cisco, Google, Facebook and others.
- $10 million of Intel's pledge will be set aside to help fund employee-led and community efforts.
Details: Among the projects that will be funded is one that taps Intel and Cisco technology to turn hospital beds into "virtual ICU" rooms, Intel senior VP and PC unit head Gregory Bryant told Axios.
- Bryant declined to comment on the business impact to Intel's PC unit from COVID-19, citing the company's quiet period before quarterly earnings, but he noted that technology is more important than ever.
- "People are physically interacting less. They are connecting more than ever. That’s all based on technology. The technology we deliver is essential to helping people get through this as safely as possible," Bryant said.