# Valve **Industry:** Gaming & Interactive **Type:** Private **Founded:** 1996 **Headquarters:** Bellevue, Washington **Website:** https://valvesoftware.com *A leading entertainment software company* ## Latest AI News *No AI News* ## Overview Valve Corporation is an American video game developer, publisher, and digital distribution company known for creating influential games and operating Steam, the largest digital distribution platform for PC gaming. The company is known for its flat organizational structure and innovative approach to game development and digital distribution. ## Key Products/Services - Steam digital distribution platform - Half-Life game series - Portal puzzle-platform games - Dota 2 multiplayer online battle arena - Counter-Strike competitive shooter series - Steam Deck handheld gaming device - Source game engine - Virtual reality hardware (Index VR) ## Recent Developments - Steam Deck success and market expansion - Continued growth of Steam platform - Investment in VR technology and experiences - Development of new games and franchises - Integration of AI features in Steam recommendations ## Financial Information - Private company (estimated valuation $7+ billion) - Revenue from Steam platform commissions - Hardware sales from Steam Deck and VR - Game development and publishing revenue - Highly profitable with minimal external funding ## Leadership - Co-founder and President: Gabe Newell - Flat organizational structure with minimal hierarchy - Employee-owned company structure - Focus on long-term innovation and quality ## Competitive Landscape - Main competitors: Epic Games Store, GOG, console platforms, other PC distributors - Market position: Dominant PC gaming distribution platform - Differentiators: Platform ecosystem, community features, hardware innovation ## Perplexity Queries ### Latest Company News [Summarize the latest news about Valve, focusing on recent developments and announcements. Include information from reputable sources such as news articles and press releases. Provide a list with sources and summaries for each piece of news.](https://www.perplexity.ai/search/summarize-the-latest-news-about-valve-focusing-on-recent-developments-and-announcements-include-information-from-reputable-sources-such-as-news-articles-and-press-releases-provide-a-list-with-sources-and-summaries-for-each-piece-of-news) ### Industry AI News [Latest AI news for Valve and the Gaming & Interactive industry. Provide a list of recent AI-related developments, initiatives, or products from Valve and other companies in the Gaming & Interactive industry. Include sources and brief summaries for each item.](https://www.perplexity.ai/search/latest-ai-news-for-valve-and-the-gaming-interactive-industry-provide-a-list-of-recent-ai-related-developments-initiatives-or-products-from-valve-and-other-companies-in-the-gaming-interactive-industry-include-sources-and-brief-summaries-for-each-item) ## Tags #gaming #steam #valve #pc-gaming #distribution #vr #private --- *Last Updated: 2025-07-27*