Mike Krieger, the Chief Product Officer of Anthropic, has left the board of directors of Figma, which became known against the backdrop of the upcoming release of a new model with tools capable of competing with Figma.
On April 14, 2026, Mike Krieger, the Chief Product Officer of Anthropic, stepped down from the board of directors of Figma, a well-known interface developer. This news was filed with the U.S. Securities and Exchange Commission on the same day that The Information reported on the imminent release of a new version of the Anthropic model, Opus 4.7, which will include design tools capable of competing with Figma.
Figma, which is in partnership with Anthropic and integrates this startup's AI models into its products, holds a leading position among UX designers. Krieger, co-founder of Instagram and the news app Artifact, joined Anthropic as Chief Product Officer in 2024 and joined the board of directors of Figma less than a year ago.
Krieger's departure and the potential release of new design tools are causing concern among investors, who fear the so-called SAASpocalypse — a situation where leading AI labs begin to dominate the software space. This year, the iShares index for the OS sector has fallen by nearly 18%. Despite growing interest in Anthropic, the company is rejecting offers to buy a stake worth 800 billion.
Although Figma's shares rose by 5% after the announcement of Krieger's departure, it is premature to draw conclusions about the future until the new release of Opus comes out. Companies like Anthropic and OpenAI need to demonstrate that their new models can indeed replace existing leading solutions and connections in the industry.
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