Several Big Tech companies made multibillion-dollar commitments that they said would shore up lacklustre cyber security defences in the US following a White House summit on Wednesday.
Joe Biden hosted more than 20 chief executives from the technology, energy, banking, insurance and education sectors to discuss broad deficiencies in US cyber capabilities.
The president, along with his commerce, energy and homeland security secretaries, addressed the group following several high-profile attacks on US infrastructure, including on the Colonial Pipeline in May, as well as a proliferation of ransomware attacks affecting businesses and public services.