Android Studio cannot be initialized (0xc0000005)

I had similar problem and disabling "Force randomization for images (Mandatory ASLR)" for studio64.exe in Windows Defender Security Center > App & browser control > Exploit protection > "Program settings" tab fixed this (you have to point to exact binary file with full path as using just executable name doesn't seem to work).

AVD Settings -> Edit Image set Graphics to Software GLES 2.0