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News  ›  The Motley Fool

Figma Just Spent $200 Million on an AI Start-Up. Here's Why It Could Be What Investors Have Been Waiting For.

The Motley Fool Logo The Motley Fool By Jeremy Bowman
Figma Just Spent $200 Million on an AI Start-Up. Here's Why It Could Be What Investors Have Been Waiting For.

Figma acquired Weavy, an AI start-up, for approximately $200 million to enhance its AI capabilities and design tools. Despite recent stock struggles, the company is aggressively investing in AI technology to remain competitive.

Insights
FIG   neutral

Stock has declined post-IPO, but company is strategically investing in AI and making acquisitions to remain competitive in the market