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Figma is going public

Figma is going public

Figma, the platform that specializes in collaborative interface design, has filed for an initial public offering (IPO). The company will trade under the ticker symbol “FIG” as it prepares to “double down” on its investments in AI.

Figma was nearly acquired by Adobe for $20 billion in 2022, but the two companies scrapped the deal in 2023 after facing pressure from regulators in the UK and the European Union. Last year, Figma CEO Dylan Field hinted at going public last year during an interview included in The Verge’s Command Line newsletter, saying, “There are two paths that venture-funded startups go down. You either get acquired or you go public. And we explored thoroughly the acquisition route.”

“We’re already investing heavily in AI and we plan to double down even more in this area,” Field says in the filing. “AI spend will potentially be a drag on our efficiency for several years, but AI is also core to how design workflows will evolve going forward.”

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White House officials are exploring official government oversight of new AI models, according to the New York Times.

U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight procedures for new models launching to market, including formal review processes, the Times reported.

The proposed plans were discussed at a White House meeting last week with representatives from Anthropic, Google, and OpenAI.

Potentially influenced by regulatory processes announced by UK regulators, which relegate AI oversight to relevant government bodies, the working group would also determine which U.S. agencies would be tasked with oversight. Some officials have suggested the National Security Agency (NSA), the White House Office of the National Cyber Director, and the director of national intelligence take the lead, while others have even suggested revitalizing the Biden-era Center for A.I. Standards and Innovation, according to the Times.

The administration has reversed its stance on AI regulation in recent months, despite announcing a federal AI action plan that pulled back on regulation of tech companies and threatened to reduce federal funding for states that impeded AI infrastructure efforts through regulation. Trump’s One Big Beautiful Bill also included limits on state governments’ AI regulation, originally proposing a 10-year moratorium on state action in favor of federal oversight.

Trump appointee and FCC chairman Brendan Carr has also advocated for a light-touch approach to AI regulation.

#Trump #federal #model #oversight">Trump considering federal AI model oversight
                                                            White House officials are exploring official government oversight of new AI models, according to the New York Times. U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight procedures for new models launching to market, including formal review processes, the Times reported. 
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The proposed plans were discussed at a White House meeting last week with representatives from Anthropic, Google, and OpenAI. 
        
            Mashable Light Speed
        
        
    

Potentially influenced by regulatory processes announced by UK regulators, which relegate AI oversight to relevant government bodies, the working group would also determine which U.S. agencies would be tasked with oversight. Some officials have suggested the National Security Agency (NSA), the White House Office of the National Cyber Director, and the director of national intelligence take the lead, while others have even suggested revitalizing the Biden-era Center for A.I. Standards and Innovation, according to the Times. The administration has reversed its stance on AI regulation in recent months, despite announcing a federal AI action plan that pulled back on regulation of tech companies and threatened to reduce federal funding for states that impeded AI infrastructure efforts through regulation. Trump’s One Big Beautiful Bill also included limits on state governments’ AI regulation, originally proposing a 10-year moratorium on state action in favor of federal oversight. 
Trump appointee and FCC chairman Brendan Carr has also advocated for a light-touch approach to AI regulation. 

                    
                                            
                            
                        
                                    #Trump #federal #model #oversight

government oversight of new AI models, according to the New York Times.

U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight procedures for new models launching to market, including formal review processes, the Times reported.

The proposed plans were discussed at a White House meeting last week with representatives from Anthropic, Google, and OpenAI.

Potentially influenced by regulatory processes announced by UK regulators, which relegate AI oversight to relevant government bodies, the working group would also determine which U.S. agencies would be tasked with oversight. Some officials have suggested the National Security Agency (NSA), the White House Office of the National Cyber Director, and the director of national intelligence take the lead, while others have even suggested revitalizing the Biden-era Center for A.I. Standards and Innovation, according to the Times.

The administration has reversed its stance on AI regulation in recent months, despite announcing a federal AI action plan that pulled back on regulation of tech companies and threatened to reduce federal funding for states that impeded AI infrastructure efforts through regulation. Trump’s One Big Beautiful Bill also included limits on state governments’ AI regulation, originally proposing a 10-year moratorium on state action in favor of federal oversight.

Trump appointee and FCC chairman Brendan Carr has also advocated for a light-touch approach to AI regulation.

#Trump #federal #model #oversight">Trump considering federal AI model oversight

White House officials are exploring official government oversight of new AI models, according to the New York Times.

U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight procedures for new models launching to market, including formal review processes, the Times reported.

The proposed plans were discussed at a White House meeting last week with representatives from Anthropic, Google, and OpenAI.

Potentially influenced by regulatory processes announced by UK regulators, which relegate AI oversight to relevant government bodies, the working group would also determine which U.S. agencies would be tasked with oversight. Some officials have suggested the National Security Agency (NSA), the White House Office of the National Cyber Director, and the director of national intelligence take the lead, while others have even suggested revitalizing the Biden-era Center for A.I. Standards and Innovation, according to the Times.

The administration has reversed its stance on AI regulation in recent months, despite announcing a federal AI action plan that pulled back on regulation of tech companies and threatened to reduce federal funding for states that impeded AI infrastructure efforts through regulation. Trump’s One Big Beautiful Bill also included limits on state governments’ AI regulation, originally proposing a 10-year moratorium on state action in favor of federal oversight.

Trump appointee and FCC chairman Brendan Carr has also advocated for a light-touch approach to AI regulation.

#Trump #federal #model #oversight

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