Venture capital powerhouse Andreessen Horowitz (a16z) is injecting $30 million into cutting-edge gaming ventures, emphasising AI, VR/AR, and Web3 games.

Spearheaded by Andrew Chen, the initiative seeks to support startups operating at the nexus of technology and gaming.

Selected startups joining the "SPEEDRUN" program will receive $750,000 each along with comprehensive support and access to industry experts.

Despite fierce competition, successful graduates have attracted significant investor interest, signaling a thriving ecosystem for tech-driven gaming innovation.

With the Web3 gaming market projected to soar, Andreessen Horowitz's investment underscores its commitment to shaping the future of gaming through technological advancement.