Figma Inc. signage through the firm’s preliminary public providing on the New York Inventory Trade on July 31, 2025.
Michael Nagle | Bloomberg | Getty Photographs
Figma is partnering with Anthropic and launching a function known as “Code to Canvas” that converts code generated in synthetic intelligence instruments like Claude Code into totally editable designs inside Figma.
The function creates a bridge between AI coding instruments and Figma’s course of, permitting customers who’ve constructed working interfaces by prompting an AI agent to carry that output instantly into Figma’s canvas.
There, groups can refine it, evaluate choices facet by facet, and align on design selections.
The transfer displays a broader guess that agentic coding instruments like Claude Code have not eradicated the necessity for design, and made it extra important. However the danger is that Figma is constructing a greater on-ramp to a freeway it now not controls.
Watch our unique dialog with Figma CEO Dylan Discipline at 9:30 a.m. PT/12 p.m. ET at this hyperlink.
If AI instruments maintain bettering, groups might ultimately skip the design refinement step altogether.
Anthropic’s merchandise have been on the heart of an enormous sell-off in software-as-a-service shares that merchants on Wall Avenue have dubbed the “SaaSpocalypse.”
The iShares software program ETF has fallen into bear market territory. Names like Salesforce, ServiceNow, and Intuit have taken double-digit hits.
Figma has been caught within the downdraft.
The inventory has fallen dramatically since its IPO final summer season, swept up in the identical indiscriminate promoting that has punished something with a SaaS enterprise mannequin. The corporate experiences earnings on Wednesday after market shut.
Figma inventory is down about 85% from the 52-week excessive of $142.92 that it reached in August.
