Figma partners with Anthropic to turn AI-generated code into editable designs

CNBC
2026.02.17 14:10
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Figma has partnered with Anthropic to launch "Code to Canvas," a feature that converts AI-generated code into editable designs. This move aims to integrate AI coding tools with Figma's design process, allowing teams to refine AI outputs. However, Figma's stock has suffered amid a broader sell-off in software stocks, with shares down approximately 85% from their 52-week high. The company is set to report earnings soon, amidst concerns that AI advancements may reduce the need for design refinement.