By Zaheer Kachwala

(Reuters) -Figma raised its annual revenue forecast on Wednesday, banking on the collaborative design software provider’s efforts to expand its product line-up and grow its user base.

In a crowded market, the company has emphasized its browser-based model, as well as its artificial intelligence tools to reel in users across diverse segments, including advertisers, freelancers and global corporations.

In July, the company launched Figma Make – an AI-powered product that turns a written prompt into a functional prototype – as part of efforts to embed the booming technology into its products.

Figma has also partnered with OpenAI to integrate its app into ChatGPT, allowing users to create designs based on conversation with the chatbot, potentially opening Figma’s product

See Full Page