Anthropic's CPO Resigns from Figma's Board Amid Reports of Competing Product
Mike Krieger, Anthropic's Chief Product Officer, has resigned from Figma's board following reports that Anthropic will release a competing design tool. This development comes as Anthropic prepares to launch Opus 4.7, which may include design capabilities that challenge Figma's offerings. Figma's stock price rose 5% after the resignation was disclosed.
Tickers: $IGV
Topics: AI competition Anthropic board changes executive resignation Figma