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Anthropic's Claude Design launch blindsided its partners, Figma and Canva. “Essentially, Anthropic had kind of told these partners like Figma and Canva that the Claude Design product was going to be fairly basic.” “As it got closer to the launch, these partners found out that actually this new product...

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Anthropic is running the oldest predatory playbook in Big Tech (Save this). Here is what actually happened. Anthropic's own Chief Product Officer, Mike Krieger, was sitting on Figma's board and he resigned on April 14, 2026. Three days later, Anthropic launched Claude Design, a direct competitor to Figma's core product that allows users to generate prototypes, slide decks, and visual assets through conversation. Figma's stock dropped 7% the day of the launch and the stock has shed approximately 80% from its all-time high, erasing nearly $50 billion in market cap. Anthropic's valuation surged toward $800 billion in the same period. This is not an accident but rather a deliberate, systematic strategy and once you see the pattern, you cannot unsee it. Anthropic watched Cursor build the coding assistant category on top of Claude's models, Cursor became one of Anthropic's biggest customers. Cursor's usage patterns and product insights flowed through Anthropic's infrastructure every single day then Anthropic launched Claude Code, entering the exact category Cursor had created armed with every data point it needed to know the market size, the use cases, and the user behavior. The same pattern has now repeated across Claude Science, Claude Security, Claude Legal, and Claude Financial, every single one a vertical that was previously served by companies building on top of Anthropic's own models. The companies that trusted Anthropic's platform were simultaneously handing Anthropic the product roadmap for what to build next. Every company currently building on top of a closed frontier model is in the same position Figma was in before April 14, 2026. The only question is which category Anthropic targets next. David Sacks

Milk Road AI

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