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Anthropic CPO leaves Figma’s board after reports he will offer a competing product

Anthropic CPO leaves Figma’s board after reports he will offer a competing product

TL;DRAnthropic executive leaving Figma's board amid plans for competing design software.

Why it matters: Signals potential AI lab dominance in enterprise software, threatening established SaaS valuations.

Krieger's departure and any forthcoming design tools will be another data point for investors who fear the SaaSpocalypse — that the largest AI labs will come to dominate software businesses, a thesis that has rocked public markets at times this year.

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