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Figma CFO Says AI Investment Could Keep Gross Margins Below Peak Levels

Figma’s CFO said it is uncertain whether the design software firm will return to peak gross margins as it ramps up AI spending, which the company expects to help attract users and compete with tools from OpenAI and other labs.

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By Deborah Mary Sophia and Mehnaz YasminFigma's CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up AI spending, but said the investments will help draw users and better compete with sophisticated tools from labs such as OpenAI a…