- Alphabet CEO Sundar Pichai announced it is committing over $800 million for COVID-19 relief
- The commitment includes $250 million in grants to help the World Health Organization and over 100 government agencies
Alphabet CEO Sundar Pichai has announced the company is committing over $800 million for supporting small and mid-sized companies, health organizations, and governments for COVID-19 relief.
The commitment includes $250 million in ad grants to help the World Health Organization (WHO) and more than 100 government agencies globally, a $200 million investment fund for supporting NGOs and financial institutions around the world, $340 million in Google Ads credits, and a pool of $20 million in Google Cloud credits for academic institutions and researchers.
Pichai also pointed out that the commitment will also go towards direct financial support and expertise to help increase the production capacity for personal protective equipment (PPE) and lifesaving medical devices.
Alphabet is also working with longtime supplier and partner Magid Glove & Safety with a goal of ramping up production to provide 2-3 million face masks in the coming weeks that will be provided to the CDC Foundation.
Plus employees from across Alphabet, including Google, Verily, and X to bring engineering, supply chain, and healthcare expertise to facilitate increased production of ventilators and work with equipment manufacturers, distributors, and the government in these efforts.
“In addition to these commitments, we also increased the gift match Google offers every employee annually to $10,000 from $7,500. That means our employees can now give $20,000 to organizations in their communities, in addition to the $50 million Google.org has already donated. Together, we’ll continue to help our communities—including our businesses, educators, researchers and nonprofits—to navigate the challenges ahead,” wrote Pichai.