Workplace management company Asana has lost roughly half of its market value since the AI boom began. Now, it’s trying to find its way back by betting on a future where AI agents are fully immersed in the workplace.
On Thursday, Asana announced that it had acquired Stack AI, a no-code AI agent builder, for $75 million—its first acquisition in 18 years—timed to land alongside a first-quarter earnings beat that sent the company’s shares up more than 13%.
