Figma Stock Soars 16 Percent Following OpenAI CEO Altman’s Exciting ChatGPT Integration Announcement

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Figma Stock Soars 16 Percent Following OpenAI CEO Altman’s Exciting ChatGPT Integration Announcement

Title: Figma Shares Surge After OpenAI CEO Highlights Integration at DevDay Conference

Figma’s shares experienced a significant boost, climbing over 15% on Monday. This surge followed a spotlight moment at OpenAI’s annual DevDay conference in San Francisco, where CEO Sam Altman showcased Figma’s integration into ChatGPT. With ChatGPT boasting more than 800 million monthly users, the news marked a pivotal moment for the design software vendor.

OpenAI CEO Showcases Figma Integration

At the conference, Altman demonstrated how Figma integrates seamlessly with ChatGPT, highlighting the capabilities of OpenAI’s Apps SDK, a software-development framework. “When using ChatGPT, you can identify an app by requesting it by name,” Altman explained. “For instance, you could request Figma to convert a rough product sketch into a functional diagram. The Figma app would then take over and complete the task.”

A Milestone for Figma’s Public Market Presence

This rally marked the most significant increase for Figma since its debut on the New York Stock Exchange in July. The company has diligently enhanced its tools for designing applications and websites, leveraging generative AI models from OpenAI and other industry leaders.

Enhanced User Experience with Apps SDK

Through the Apps SDK, which utilizes the Model Context Protocol introduced by OpenAI rival Anthropic last year, users will soon enjoy a more streamlined experience. Subscribers can remain within their ChatGPT sessions while logging in to connected products.

Users can initiate applications through ChatGPT.
Integration allows continuous workflow within the platform.
Enhanced design capabilities for app and web projects.

Looking Ahead: Opportunities for Developers

Altman outlined that software developers will have the opportunity to submit their applications for review later in 2025. This move is part of OpenAI’s strategy to introduce multiple revenue streams through third-party integrations. In a recent development, OpenAI launched a feature enabling users to purchase Etsy products via ChatGPT.

Stay informed on the latest developments and market trends with Emegypt as Figma continues to expand its AI-driven capabilities and partnerships.