Amazon.com (AMZN) - Get Amazon.com, Inc. Report , Facebook (FB) - Get Facebook, Inc. Class A Report , Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report and Salesforce (CRM) - Get salesforce.com, inc. Report , along with other top tech titans, will commit a total of $300 million intended for enhancing computer-science education in the U.S., in conjunction with the White House's efforts to prepare students and workers for jobs of the future, Recode reports.
Amazon, Facebook, Google, Microsoft and Salesforce each have committed $50 million, Lockheed Martin (LMT) - Get Lockheed Martin Corporation (LMT) Report intends to spend $25 million, and others, including General Motors (GM) - Get General Motors Company (GM) Report , have pledged $10 million. The donations will be spread out over a five-year period.
The commitments are expected to be announced later Tuesday at an event led by Ivanka Trump. It comes just a day after Recode reported that President Trump had signed a policy memo that directs the government to dedicate more grant money towards coding education and similar programs.
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