Figma and Wix shares tumble as Anthropic targets AI web design market

STREETINSIDER.COMApr 14, 6:24 PM UTC

Key insights

  • Figma and Wix shares declined following reports that Anthropic is launching an AI-powered web design tool, potentially disrupting the market. Adobe and GoDaddy also experienced declines. The tool, leveraging natural language prompts, aims to simplify website and presentation creation. The release of Anthropic's Claude Opus 4.7 model alongside the tool adds to the competitive pressure.
Figma and Wix shares tumble as Anthropic targets AI web design market

Investing.com -- Figma (NYSE: FIG) fell 6% Tuesday after The Information reported that Anthropic is preparing to launch an AI-powered tool for designing websites and presentations, potentially as soon as this week.

Adobe Systems (NASDAQ: ADBE) fell 2.7%, Wix dropped 4.7%, and GoDaddy declined 3% on the same report.

According to The Information, Anthropic’s upcoming design tool aims to help both technical and non-technical users create presentations, websites, landing pages and products using natural language prompts. A person with knowledge of the products said the tool would pose a threat to startups like presentation-maker Gamma and AI design tool Google Stitch.

The report also indicated that Anthropic is preparing its next flagship model, Claude Opus 4.7, which could be released alongside the design tool. However, Opus 4.7 is not Anthropic’s most advanced model. That distinction belongs to Claude Mythos.

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