Weavy
9/10Acquired (startup)Not disclosed in articleNot specified in article
Description
AI-powered media generation company that builds tools to generate media (including AI video) for creators and design workflows.
Why in News
Figma announced it has acquired Weavy; Figma said Weavy will remain a stand-alone product for now and will later be integrated into the Figma Weave brand and the broader Figma platform. Deal terms were not disclosed.
Analysis
Acquisition of an AI-powered media generation company (likely a startup) — directly relevant to AI startups.