Aug 5 : Figma on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps up AI investments, triggering a 16 per cent slump in its shares in after-hours trading, despite a rosy annual revenue forecast. The company left its full-year operating income forecas

Aug 5 : Figma on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps up AI investments, triggering a 16 per cent slump in…

Aug 5 : Figma lifted its annual revenue forecast on Wednesday, encouraged by strong demand for its design software products, as the company's efforts to integrate AI in its tools…