Figma falls 35% YTD as Google Stitch raises AI competition fears. Google expands AI design tools, pressuring software sector ...

Figma's stock has been getting hammered on concerns about AI, and Google's new design product is adding to that anxiety.

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Feb 19 (Reuters) - Shares of Figma (FIG.N), opens new tab rose around 14% before the bell on Thursday as investors cheered the software design provider's strong revenue forecasts and commentary around ...

Figma is also visibly changing who it sells to inside its customers. CFO Praveer Melwani noted on the call that the company is increasingly engaging central IT teams rather than purely design ...

The Figma add-on for Google Workspace previously supported integrations with Docs and Meet, but the connection extends to Chat starting today. Google Chat users will get automatic notifications in ...

Figma shares have fallen 58% since the last quarterly report, compressing valuation to an EV/S of 9.4x, despite hyper revenue growth (38% year on year last quarter) and market leadership. Recent ...

Figma integrated Anthropic's Claude AI into FigJam on Jan. 26, enabling teams to generate editable diagrams from prompts, PDFs, images or screenshots. According to Figma, the integration helps teams ...

Figma’s AI-propelled growth is now translating into real financial numbers. The company has been very successful in cross-selling and upselling products to its existing clients. Integration of the ...