Valve has just announced a million dollar Dota 2 tournament called 'The International.' This will be the first time the game is shown publicly and sixteen teams will compete for a $1,000,000 cash prize. Hit the link for all the info.

August 1, 2011 - Valve today announced The International. This tournament will be the first time Dota 2 is shown in public, and will take place August 17th -21st at Gamescom in Cologne, Germany.

The International features the 16 best Dota teams in the world competing in the Dota 2 Championships through a group stage, double elimination playoff format over the course of Cologne's five-day trade show.

The tournament will be broadcast in four languages (Chinese, German, Russian, and English) free of charge. The winning team will receive $1 million.

"The International is the first public Dota 2 event and will give the tens of millions of gamers playing Dota around the world their first look at the new game," said Gabe Newell, president and founder of Valve. "I have had the good fortune to watch the competitors as they prepare for the tournament, and the level of play is extraordinary."

Dota 2 will be available for the PC and Mac later this year. For more information on Valve and its games click here.