I have updated the Mac version of monetary 12.2. From there onwards, the studio emulator is not working. I tried all ARM, X86, and X86-64 system images as well. Android studio shows me connecting to the emulator and can't see the emulator getting opened.
I am using android studio's latest version Bumblebee V 2021.1.1.
Please find the image attached below.
I had the same issue.
Quick fix, Go to Android Studio -> Preferences -> Tools -> Emulator
Now uncheck "Launch in a tool window"
Restart Android Studio.
Try starting the emulator now.
I think it's a bug.