Figma announces new partnership with Anthropic
Watch on YouTube ↗  |  February 17, 2026 at 19:15 UTC  |  3:14  |  CNBC
Speakers
Deirdre Bosa — Anchor, CNBC

Summary

  • Figma announces "Code to Canvas" partnership with Anthropic, allowing AI-generated code to become editable designs.
  • Figma stock (public in this 2026 scenario) jumps over 4% on the news, bucking a recent sharp post-IPO downtrend.
  • CEO Dylan Field pivots company strategy: Instead of fearing AI displacement, Figma positions itself as the "refinement" layer where teams iterate on AI-generated inputs.
  • The "lazy software investing" era is over; capital is rotating solely into SaaS companies that successfully integrate existential AI threats.
Trade Ideas
Ticker Direction Speaker Thesis Time
FIGMA
LONG Deirdre Bosa
Anchor/Reporter, CNBC Tech Check 		Figma stock is up over 4% after announcing a partnership with Anthropic that allows users to convert AI-generated code (from Claude) into editable Figma designs. The market previously viewed Generative AI as an existential threat to design software (why design if AI can code it?). This move flips the narrative: Figma becomes the essential "human-in-the-loop" layer where AI output is refined and shipped. By embracing the disruptor (Anthropic), Figma turns a competitor into a feature. LONG. The partnership validates Figma's survival strategy in an AI-first world. Execution risk on the integration; continued broader software sector sell-off. 0:16
SOFTWARE SECTOR
WATCH Deirdre Bosa
Anchor/Reporter, CNBC Tech Check 		Bosa states, "No more lazy software investing. You got to go with these companies that are thinking about how to integrate these new tools." The broader software sector is in a "sell-off," and the rising tide no longer lifts all boats. Investors must actively filter for companies that integrate AI threats (like Figma) versus legacy SaaS companies that are simply being displaced. WATCH. Do not buy the broad sector index; strictly select companies with clear AI-integration roadmaps. AI disruption accelerates faster than legacy companies can pivot. —
ANTHROPIC
LONG Deirdre Bosa
Anchor/Reporter, CNBC Tech Check 		Anthropic is the chosen partner for Figma's "Code to Canvas" feature. This partnership cements Anthropic's utility in the professional enterprise workflow, moving it beyond a simple chatbot to a core infrastructure component for software development and design. LONG (via private shares or proxies if available). Regulatory hurdles or competition from OpenAI. 0:12