Figma beat revenue and earnings estimates for Q2, but heavier spending on AI and a decelerating growth outlook rattled investors

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…