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 plans to release a competing design tool. This development adds to concerns about AI labs disrupting the software industry, impacting investor sentiment in the sector. Figma, a $10 billion company, has collaborated with Anthropic to integrate AI models into its products.

By Tim Fernholz Thu, April 16, 2026 at 9:28 PM GMT+3 2 min read · Yahoo Finance · April 16, 2026, 18:28 UTC

Tickers: $FIG $IGV

Topics: AI Anthropic Board Resignation Figma Investor Sentiment SaaS Industry

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