Figma Stock Crashes 12% After Google Drops Free AI Vibe Design Tool Stitch
Google slammed Figma right in the gut. Their stock crashed 12 percent in two days flat. All because Google dropped Stitch with this vibe design feature that lets anyone talk their way to full app screens. Investors ran for the exits. Wednesday saw an 8 percent plunge. Thursday added another 4 or 5. Total mess. Figma went public last July. They told everyone AI would lift them up. Instead Google showed up with a free beta tool that does the heavy lifting. You describe the business goal. You say how users should feel. Maybe drop an inspiration image. Stitch spits out high fidelity designs and even front end code. Speak out loud and it tweaks live. Give me three menu options. Show this in blue tones. Done in seconds. The canvas stretches forever now. No fixed boards. Throw in text or code or pictures all at once. AI agents sit there critiquing your work. Another agent keeps track of five ideas running parallel. Templates for dashboards and health apps and games. Export rules to other pr...