Figma Inc. (FIG) Soars 6.8% on ChatGPT Integration

We recently published 10 Hot Stocks Sparking Buying Frenzy. Figma Inc. (NYSE:FIG) is one of the best performers on Tuesday.

Figma extended its winning streak to a fourth straight session on Tuesday, adding 6.81 percent to close at $60.84 apiece, as investor sentiment was boosted by its application’s integration into ChatGPT, strengthening its foothold in the artificial intelligence sector.

In an onstage demo at OpenAI’s annual DevDay conference in San Francisco, OpenAI CEO Sam Altman said that Figma Inc.’s (NYSE:FIG) application is now integrated into ChatGPT, allowing it to take over to respond and complete a relevant action.

Figma Inc. (FIG) Soars 6.8% on ChatGPT Integration

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“When someone’s using ChatGPT, you’ll be able to find an app by asking for it by name,” Altman said. “For example, you could sketch out a product flow for ChatGPT and then say, Figma, turn this sketch into a workable diagram. The Figma app will take over, respond, and complete the action.”

Additionally, Figma Inc. (NYSE:FIG) product manager Luke Zhang said in a blog post that the AI assistant could also suggest the application when relevant.

“Starting today, the Figma app in ChatGPT will be able to recommend and create AI-generated FigJam diagrams based on your conversation. Users can also upload files like photos, drawings, and PDFs to guide the output. That currently includes text-based flow charts, sequence diagrams, state diagrams, and Gantt charts, with more to come,” he noted.

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Disclosure: None. This article is originally published at Insider Monkey.