Welcome back. Figma stock is higher after announcing a new partnership with Anthropic. It's get more details from Deerra Bosen who spoke with Figma CEO moments ago.Dearra. >> Hey Brian. So this feature it's called C sorry it's called code to canvas.It lets users take interfaces built in AI coding tools like cloud code and convert them into editable designs inside of Figma. Now, this is a bet that in a world where anyone can build software or design something with AI, the real value is in what happens next. ...

Core Insights - Figma's stock has increased by over 4% following a new partnership with Anthropic, indicating positive market reception to this collaboration [1][7] - The partnership introduces a feature called "code to canvas," allowing users to convert AI-generated code into editable designs within Figma, emphasizing the importance of collaboration in the design process [2][3] - Figma's CEO, Dylan Fields, believes that success in the current AI-driven landscape relies on adaptability and integration of various workflows, rather than locking users into a single process [3] Company Performance - Figma's stock has faced significant declines since its IPO last summer, mirroring broader trends in the software sector, particularly in recent weeks [4] - Despite the challenges, Fields remains optimistic about Figma's public status, viewing it as a motivator to confront market disruptions [6] - The decrease in inquiries from private startup CEOs regarding IPO advice suggests a shift in market sentiment, with fewer companies seeking to go public amid current pressures [5][6] Market Trends - The software industry is experiencing a shift away from traditional investment strategies, with a focus on companies that are innovating and integrating new tools to remain competitive [8] - Figma's recent stock performance may signal a broader trend where companies that adapt to new technologies could see positive investor reactions, contrasting with those that fail to innovate [9]

Hi everyone. It is Tuesday, February 17th. Welcome to another Tech Live stream where we cover all the moves in the AI space.There's a lot of them. I'm Georgia. Now, there's a question that has consumed every software CEO that we've spoken to over the last few weeks.How do you survive when AI can do what your product does. Most of them don't have a great answer yet. Some are embedding AI features and hoping that's enough.Others are cutting costs and praying the storm passes. A few are in outright denial. But ...