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Figma soars 12% after Sam Altman's ChatGPT shoutout -- here's what sent the stock flying
Figma stock jumped after OpenAI CEO Sam Altman talked about its ChatGPT integration. Users can now turn sketches into diagrams using Figma inside ChatGPT. The Apps SDK allows third-party apps to connect easily. Figma is also improving AI tools for designing apps and websites. OpenAI plans more app integrations and future ways to make money with ChatGPT. Figma shares jumped 7% on Monday after OpenAI CEO Sam Altman promoted the software during his DevDay conference in San Francisco. Altman showed Figma's integration with ChatGPT, which has over 800 million monthly users. He explained that third-party apps can connect using OpenAI's Apps SDK, a software development framework Altman said, "When someone's using ChatGPT, you'll be able to find an app by asking for it by name. For example, you could sketch out a product flow for ChatGPT and then say, Figma, turn this sketch into a workable diagram. The Figma app will take over, respond and complete the action", as stated in the report by CNBC. Figma users can also get suggestions for Figma automatically in ChatGPT when relevant, according to Figma product manager Luke Zhang in a blog post. The Figma stock rally was the steepest since its public debut on the New York Stock Exchange in July. Figma has been improving its own AI-powered tools for designing apps and websites, using OpenAI and other generative AI models. Subscribers using Apps SDK products can log in without leaving ChatGPT conversations, Altman said, as mentioned in the report by CNBC. People working on Figma projects can also launch FigJam inside ChatGPT to continue developing ideas. The Apps SDK is based on the Model Context Protocol, an open standard introduced by OpenAI rival Anthropic last year. Software developers will be able to submit apps for review later in 2025, Altman said. Over time, OpenAI plans to create revenue through third-party app integrations, Altman said. Last week, OpenAI also added a feature to buy Etsy products through ChatGPT, showing early examples of commerce integrations. Q1. Why did Figma stock go up after Sam Altman's talk? Figma stock jumped because Sam Altman promoted its integration with ChatGPT at OpenAI's DevDay. Q2. How does Figma work with ChatGPT? Users can ask ChatGPT to use Figma to turn sketches into diagrams, and ChatGPT can also suggest Figma when needed.
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Figma Stock Spikes After Hours Following OpenAI Integration Demo By Sam Altman: What You Should Know - Figma (NYSE:FIG)
Figma Inc. (NYSE:FIG) shares are trending on Tuesday. Check out the current price of FIG stock here. According to Benzinga Pro data, shares of the California-based company rose 2.02% in after-hours trading to $58.11 on Monday, after closing the regular session at $56.96. This extended a 7.39% intraday rally, sparked by OpenAI CEO Sam Altman's demonstration of Figma's ChatGPT integration at DevDay in San Francisco, according to CNBC. ChatGPT Integration Details Altman showed how ChatGPT's 800 million monthly users can connect to Figma via OpenAI's Apps SDK. "You could sketch out a product flow for ChatGPT and then say, Figma, turn this sketch into a workable diagram," he explained. See Also: What's going On With AppLovin Shares After Hours? The Figma app generates FigJam diagrams including flow charts, sequence diagrams, state diagrams, and Gantt charts directly from ChatGPT conversations, Figma product manager Luke Zhang explained in a blog post. Users can also upload files like photos, drawings, and PDFs to help guide the output. The app is available to ChatGPT users outside the European Union (EU) on Free, Go, Plus, and Pro plans. Developer Access OpenAI will begin accepting app submissions for Apps SDK review later in 2025, Altman said. The technology company also palns to offer multiple revenue-generation opportunities through third-party integrations. Rally Since NYSE Debut The 7.39% increase was Figma's largest single-day gain since its debut on the New York Stock Exchange in July. Shares have gained 8.56% over the past month, trading within a range of $18.41 to $142.92. Figma has a market capitalization of $27.90 billion and an average daily trading volume of 9.25 million shares. Benzinga's Edge Stock Rankings show that FIG is in short- and mid-term consolidation, with long-term upward momentum. See how its performance compares to other well-known stocks. Read Next: What's Behind The Sharp 39% After-Hours Rally In Telomir Pharmaceuticals? Photo by rblfmr via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. FIGFigma Inc$58.119.56%OverviewMarket News and Data brought to you by Benzinga APIs
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Why Figma Stock Was on Fire Monday | The Motley Fool
The company gets a big nod at a closely watched AI industry happening. State-of-the-art online design platform developer Figma (FIG 7.74%) was a hit on the stock market as the trading week began on Monday. Investors were very encouraged by the company being linked to one of the top names in the artificial intelligence (AI) field. As of late-session trading, Figma's shares were up by almost 9%, easily outpacing the 0.4% increase of the S&P 500 index. Figma received numerous mentions from Sam Altman, CEO of ChatGPT developer OpenAI. In his keynote speech for the company's Dev (for "developer") Day on Monday, Altman hyped ChatGPT's integration with several software platforms. One of those was Figma's. He said ChatGPT users have a set of software tools at their easy disposal within the app, and used Figma to illustrate his point: "For example, you could sketch out a product flow for ChatGPT and then say 'Figma turn this sketch into a workable diagram,' the Figma app will take over, respond, and complete the action." While ChatGPT is far from the only AI chatbot on the scene, it's arguably the most prominent, and the one many people readily identify with the technology. According to CNBC's reporting on Dev Day 2025, ChatGPT currently boasts more than 800 million monthly users. While this doesn't, of course, directly change anything for Figma, it helps place the company at the front of the AI revolution. Such tight integration between ChatGPT and the company's platform can only raise its profile higher. And surely affect its business positively, too.
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Figma's stock price jumped significantly after OpenAI CEO Sam Altman demonstrated its integration with ChatGPT at the DevDay conference. The collaboration highlights the growing intersection of AI and design tools.
Figma Inc. (NYSE:FIG) experienced a significant stock price increase following OpenAI's DevDay conference in San Francisco. The company's shares jumped by 7.39% during regular trading hours and continued to rise by an additional 2.02% in after-hours trading, reaching $58.11
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. This surge marked Figma's largest single-day gain since its debut on the New York Stock Exchange in July2
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Source: Benzinga
The catalyst for this stock movement was OpenAI CEO Sam Altman's demonstration of Figma's integration with ChatGPT during his keynote speech at DevDay. Altman showcased how ChatGPT's 800 million monthly users can now seamlessly connect to Figma using OpenAI's Apps SDK
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Source: Economic Times
Altman demonstrated the practical applications of this integration, stating, "You could sketch out a product flow for ChatGPT and then say, Figma, turn this sketch into a workable diagram"
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. The Figma app can generate various types of diagrams, including flow charts, sequence diagrams, state diagrams, and Gantt charts, directly from ChatGPT conversations2
.The integration is currently available to ChatGPT users outside the European Union on Free, Go, Plus, and Pro plans
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. OpenAI plans to accept app submissions for Apps SDK review later in 2025, with intentions to create multiple revenue-generation opportunities through third-party integrations .Related Stories
This integration positions Figma at the forefront of the AI revolution in design tools. The collaboration with ChatGPT is expected to raise Figma's profile and potentially have a positive impact on its business
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. Figma has been improving its own AI-powered tools for designing apps and websites, leveraging OpenAI and other generative AI models1
.Figma's market capitalization stands at $27.90 billion, with an average daily trading volume of 9.25 million shares
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. The stock has gained 8.56% over the past month, trading within a range of $18.41 to $142.922
. As AI continues to reshape the tech landscape, Figma's integration with ChatGPT could potentially drive further growth and innovation in the design software industry.
Source: The Motley Fool
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