The Walmart Foundation, the retail giant's philanthropic body, committed $1 million to the United States Holocaust Memorial Museum amid the Israel-Hamas war and a rising wave of antisemitism.

Funding from the Walmart Foundation will serve as a response to the "increase in antisemitic speech and hate crimes," Walmart CEO Doug McMillon said.

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This new wave of hate emerged in the wake of Hamas's incitement of the Middle East's latest war, he said, according to a report.

The $1 million will go toward equipping outreach programs with the means necessary to educate individuals about the horrors and impact of the Holocaust as well as "the dangers of antisemitism in order to inspire people to confront hate and promote human dignity," McMillon said.

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As well as the pledge of money, Walmart is instructing its associates to "keep showing customers and members that we have so much more in common than we do differences."

This month's attack on Israelis has been declared the largest massacre of Jewish civilians since the Holocaust ended, and at least 4,200 lives have been lost since the war broke out, according to the report.