Figma has acquired Weavy, an AI-powered image and video generation startup, which will now operate under the Figma Weave brand. Weavy's tools allow users to create and edit media using various AI models, enhancing design workflows. The startup's 20 employees will join Figma, though the financial details of the acquisition remain undisclosed.

Perplexity has acquired the team behind Visual Electric, an AI design startup that received backing from Sequoia. This acquisition aims to bolster Perplexity's capabilities in AI-driven design solutions, enhancing their overall service offerings in the tech space.