Figma Expands Partnership with Google Cloud AI

Earlier this week, Google Cloud and Figma announced an expanded collaboration to integrate Google's latest generative AI models, including Gemini 2.5 Flash and Imagen 4, directly into Figma's design platform.

This partnership aims to streamline design workflows through advanced AI image generation, promising a significant boost to both creative capabilities and workflow efficiency for Figma's 13 million monthly active users.

The integration of Google's AI models into Figma may further entrench its position as a leading provider of AI-powered design tools.

Figma's shares are on the rise, but concerns about overvaluation persist. Twenty-five members of the Simply Wall St Community provided fair value estimates for Figma ranging from about US$16 to over US$290 per share. The recent spike in AI partnerships could sway some to the bullish camp, but the company's rapid price moves make a strong case to weigh these viewpoints against Figma’s earnings outlook and elevated volatility.

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