Dylan Field took Figma public in one of the wildest IPOs in recent memory. He insists the real story is the rise of design itself.

Figma, like its competitors, will be defined by how it handles that technology. Ultimately, it’s still not clear whether AI will help its business or blow it up. What do you think? Read more:

WIRED editor at large @stevenlevy.bsky.social draws on his unmatched context—and industry contacts—to put the week’s biggest tech news in perspective. Sign up for Backchannel here: