# Binance Labs Invests $15M in Xterio to Boost AI and Web3 Gaming Capabilities

In a recent announcement, Binance Labs, the venture capital and incubation division of Binance, confirmed an investment of $15 million into Xterio, a leading platform for Web3 gaming. Xterio will use the funding to enhance game development, particularly in the areas of artificial intelligence (AI) a

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| Published | 13 July 2023 |

Source: https://egamers.io/binance-labs-invests-15m-in-xterio-to-boost-ai-and-web3-gaming-capabilities/