tech
April 16, 2026
Anthropic CPO leaves Figma's board after reports he will offer a competing product
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.
TL;DR
- Mike Krieger, Anthropic's CPO, resigned from Figma's board on April 14.
- The departure was disclosed to the SEC and reported alongside news of Anthropic's Opus 4.7 model.
- Opus 4.7 is rumored to include design tools that could rival Figma's products.
- Figma is a company known for its user experience design tools.
- Krieger's resignation adds to investor concerns about AI labs dominating software businesses ('SaaSpocalypse').
- Anthropic is reportedly turning down investors at an $800 billion valuation.
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