Collaborative design firm Figma unveiled a platform overhaul for the AI era at its annual Config conference in San Francisco, transforming its workspace into what it calls an "intelligent canvas" for full-stack digital creation. Figma co-founder and CEO Dylan Field joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Figma shares rose after the creative software platform reported first-quarter results that beat expectations and raised its full-year forecast, with analysts saying the report eased concerns about AI-related disruption. Figma CEO Dylan Field joins Bloomberg’s Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Anthropic PBC’s legal dispute with the US government over whether the company’s artificial intelligence models will be banned from federal agencies has emerged as a financial threat to other businesses.

Anthropic PBC’s legal dispute with the US government over whether the company’s artificial intelligence models will be banned from federal agencies has emerged as a financial threat to other businesses.

Figma Inc. gave an outlook for revenue in the current period that topped analysts’ estimates, touting early traction from charging users directly for AI features.

Fortress Investment Group plans to restructure Poundstretcher Ltd. just two years after acquiring the struggling discount retailer, the latest sign of deepening strain across the UK high street.

Figma gave an annual revenue outlook that topped estimates, easing Wall Street anxiety that the business is threatened by the emergence of rival artificial intelligence products. Sales will be about $1.37 billion in 2026, the San Francisco-based company said Wednesday in a statement. Analysts, on average, projected $1.29 billion, according to data compiled by Bloomberg. Figma is known for making software used to design applications and website interfaces. It has worked to expand its suite of software, including a generative AI tool called Figma Make, which creates app interfaces and code from prompts. Weekly users of the tool grew 70% in the fourth quarter, the company said in the statement. Figma CEO Dylan Field joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Figma Inc. shares jumped in extended trading after the creative software maker gave an annual revenue outlook that topped estimates, easing Wall Street anxiety that the business is threatened by the emergence of rival artificial intelligence products.

Fortress Investment Group is adding an insurer-friendly feature to its latest fund, which will primarily invest in direct corporate loans, according to people familiar with the matter.

Fortress Investment Group says rival lenders are running shy of a $4.5 trillion market for property loan refinancing over the next three years, putting its commercial real estate credit business on track to achieve a $5 billion milestone for new deals by end-2026.

Brightline Trains Florida, the Fortress Investment Group-backed passenger railroad, skipped its second interest payment on $1.2 billion of subordinate municipal bonds.

Fresh off a banner year of investments, the Geneva-born venture capital firm is now priming a new generation of leaders. 

The long-awaited return of IPO activity this year minted 21 new billionaires, but what came after many companies’ eye-popping debuts was often a different story.

Fortress Investment Group plans to sell two resorts on St. Thomas in the US Virgin Islands through a deal that will be financed by municipal bonds, and which will allow the territory to ultimately acquire the property.

Figma Inc.’s stock briefly fell below its initial public offering price for the first time, becoming just the latest of this year’s high-flying listings to retrace its eye-popping early gains.

Fortress Investment Group is looking to expand its European non-performing loan business in some of the region’s core economies, including Germany and France, where it sees some real estate borrowers coming under increasing strain.