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February 04, 2014 AT 11:14 AM
President Barack Obama is set to announce on Tuesday that private companies have agreed to give more than $750 million in devices, software and wireless service to U.S. students, part of Obama's pledge to help modernize classrooms. The corporate donations come as the Federal Communications Commission said it would spend $2 billion over two year to upgrade Internet speed and quality in schools and libraries. The White House said, that among the corporate pledges are free iPads for poor schools from Apple Inc, free software from Autodesk Inc, marked-down software from Microsoft Corp, and donations of wireless services from AT&T Inc, Sprint Corp and Verizon Communications Inc.