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Figma revenue rises 43% as gross margin misses estimates

Figma reported third-quarter revenue of $391.4M, up 43% year over year and above estimates, Reuters reported. Gross margin was 80%, below the 81% estimate. The company raised its 2026 revenue outlook, while its shares fell more than 6% after hours. Figma is using credits to monetize AI features.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure
Infrastructure

Google plans $15B Malaysian data center and cloud investment

Google plans to spend $15B in Malaysia during 2027 and 2028 on data centers, cloud operations, water supplies, power generation and training, The Next Web reports. Alphabet chief investment officer Ruth Porat announced the plan at an event in Kuala Lumpur.

Capital AI
Capital AI

Pliant raises $80M for expansion and AI payment workflows

Pliant raised an $80M Series C led by Seaya Nova and Speedinvest, the Berlin fintech said Wednesday. The funding will support expansion in the US and Canada, entry into additional markets and its AI roadmap.

Robotics Capital
Robotics Capital

Aformic raises $6.95M to expand industrial robotics

Aformic raised a $6.95M seed round led by Veteran Ventures Capital, the industrial robotics company said Wednesday. It will use the funding for engineers, sales staff, its Qursor software and new robots, including machines intended to help build and maintain AI data centres.