Anthropic CPO Leaves Figma’s Board After Reports He Will Offer a Competing Product
Mike Krieger Steps Down From Figma
Mike Krieger, Chief Product Officer at Anthropic, has resigned from the board of design platform Figma on April 14. This move coincides with reports that Anthropic's upcoming AI model, Opus 4.7, will feature design capabilities that could rival Figma’s core product.
Background and Collaboration
Figma is a leading tool used by user experience designers to create website and app interfaces. The company has actively worked with Anthropic, utilizing its advanced AI models to enhance Figma’s user experience through AI-driven features.
Krieger, a co-founder of Instagram and Artifact, took the role of Anthropic’s Chief Product Officer in 2024 and joined Figma’s board less than a year ago.
Industry Impact
The news comes amid growing concerns that major AI labs like Anthropic and OpenAI may disrupt traditional software businesses—a trend often referred to as the "SaaSpocalypse." Investors have kept a close eye on such developments, especially as Figma’s stock rose 5% after Krieger’s departure was announced. It remains to be seen how future releases from Anthropic may affect the market.
Despite turning down large investment offers that would value the company at $800 billion, Anthropic and its competitors still face the challenge of proving their tools can match the expertise and brand loyalty of established software companies.
For more details, read the original article by Tim Fernholz at TechCrunch.
