Google LLC today released a new version of Stitch, an artificial intelligence tool that can generate user interfaces for websites and mobile apps. Shares of graphic design software maker Figma Inc.

Figma falls 35% YTD as Google Stitch raises AI competition fears. Google expands AI design tools, pressuring software sector stocks. Analysts see upside, but competition clouds Figma outlook.

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

Google Labs announced new features for its vibe design tool Stitch, as competition in the interface design tool space grows.

Google's Stitch AI tool is the latest shot across the bow of software makers, as AI companies roll out features directly ...