Latest news with #TAI
Business Insider
4 hours ago
- Business
- Business Insider
Strategy (MSTR) Stock Is Less Risky Now, Says Top Investor – But Is It Worth Buying?
Strategy (NASDAQ:MSTR) stock is widely seen as a proxy for Bitcoin, with the company's fortunes closely tied to the cryptocurrency's performance. After all, under Michael Saylor's leadership, accumulating as much BTC as possible has become the company's raison d'être. Confident Investing Starts Here: Over the past few years, Strategy has significantly ramped up its Bitcoin acquisition efforts, primarily by issuing convertible debt and shares. In just roughly the first five months of 2025, the company purchased 133,485 Bitcoins. As a result, Strategy now holds nearly 3 percent of the total circulating supply of Bitcoin. The company intends to continue pursuing debt-financed Bitcoin acquisitions both this year and in the future. Its recent purchases have been funded through a mix of at-the-market share offerings, which have included preferred stock. So, it's no surprise to learn that one top investor, known by the pseudonym The Asian Investor (TAI), sees Bitcoin's recent rise to a new all-time high as a welcome development that helps MSTR's investment case. 'With Bitcoin interest set to only increase going forward due to institutional adoption, I believe Bitcoin's price surge limits the risks of an investment in Strategy,' said TAI, who ranks among the top 3% of TipRanks' stock pros. (To watch The Asian Investor's track record, click here) That marks something of a change in tune. Not long ago, the investor rated MSTR shares a Strong Sell, citing the stock's 'high valuation relative to the Bitcoin price.' But with Bitcoin climbing and valuations appearing more grounded, the outlook seems to have stabilized. Still, that doesn't mean the stock is cheap. Currently, investors are paying ~3.1 times the company's GAAP book value of $121 per share. Even so, Strategy has historically commanded far higher premiums – especially during peaks of crypto market exuberance. So, does that make MSTR stock a Buy? Not quite. Yes, the valuation is more reasonable than it has been. But for one, anyone interested in buying Bitcoin can do so directly, and there are other ways to gain exposure – such as through an ETF. Additionally, the greatest risk facing Strategy is its highly leveraged Bitcoin investment approach, which leaves the company vulnerable to significant mark-to-market losses if Bitcoin's price were to drop sharply and unexpectedly. Not unheard of, for sure. So, while TAI no longer considers the stock as a Sell, he still heeds caution. 'I am still not a big fan of Strategy given its relatively irrelevant underlying intelligence business, but the resilience and recent recovery of the Bitcoin price cause me to change my stock rating to hold,' the investor summed up. Wall Street, however, sees more to like. With 12 Buys and just one Sell, Strategy stock carries a Strong Buy consensus. The average price target of $524.92 points to ~39% upside potential from current levels. (See MSTR stock forecast) To find good ideas for crypto stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Hindustan Times
5 days ago
- Politics
- Hindustan Times
New report accuses China of ‘indoctrinating' Tibetan children in boarding schools
Tibetan children face abuse, neglect, indoctrination, and identity erasure in the Chinese government's network of colonial boarding schools and preschools in Tibet, an advocacy group has accused. The Tibet Action Institute (TAI) in its recent report has accused the Chinese government of using Tibetan children as a means to aggressively and forcibly assimilate Tibetans, threatening their survival as distinct people. The report found that students are restricted from enrolling in Tibetan language classes or engaging in religious activities, even during school breaks. As per activists, such boarding schools are now believed to house approximately one million Tibetan children, however, the exact number is difficult to confirm. The report titled 'When They Came to Take Our Children': China's Colonial Boarding Schools and the Future of Tibet' says the children are separated from their families at an early age –– as young as four years old in some rural areas –– and indoctrinated to be loyal to the Chinese Communist Party. 'There is now additional evidence that even younger children are being compelled to board across Tibet. At present, Tibetan children aged three or four to six must attend Chinese-language preschool,' the report states. TAI, is a US based advocacy group created in 2009 to assist Tibetans after large protests were held before the Beijing Olympics in 2008. The research for the report is based on rare firsthand accounts by Tibetans either still in Tibet or who have recently escaped. This includes fifteen in-depth interviews conducted between 2023 and 2024 with Tibetans who had recently fled to India, statements published online by people still in Tibet, and approximately 75 private or public comments by people in Tibet from January 2022 to April 2025 that were documented by Tibetans in exile. The report stated that China's education policies in Tibet seek to deracinate Tibetan children from their culture, language, and identity. In the colonial boarding school system, children are first separated from their families, and then bombarded with Chinese Communist Party (CCP) ideology through carefully curated images, texts, and songs, all in Chinese language. The report also added that as one of the persons who recently escaped from Tibet as saying: In boarding schools, the indoctrination process begins from a very young age. The children are taken away from their parents, restricted from speaking their mother tongue – Tibetan – taught in Chinese language, forced to learn and speak Chinese, and taught only state-approved history. A stated in the report, former boarding school student described how politicised education was implemented in their classroom: 'All the materials put on our class walls were in Chinese. All [my] class teachers [were] Chinese…. In all the classes, we had pictures of Xi Jinping, Mao Zedong, Deng Xiaoping, Jiang Zemin, and Hu Jintao.' The report outlined that all students in China are subjected to a politicised curriculum that is intended to cultivate loyalty to Xi Jinping and the Communist Party. However, in Tibet, education is part of a larger effort to methodically strip away a sense of Tibetaness and manipulate students' primary identification to be Chinese, rather than Tibetan. Notably, the UN Committee on Economic, Social and Cultural Rights echoed the Special Rapporteurs', in March 2023, concern that the colonial boarding schools violate China's obligations under the ICESCR, urging the Chinese government to 'abolish immediately the coerced residential (boarding) school system imposed on Tibetan children. 'A generation of Tibetan children is being harmed by China's colonial boarding school policy — socially, emotionally, and psychologically,' said Lhadon Tethong, director of TAI, calling on the international community to step up all efforts to push the Chinese government to abolish this abusive and coercive system. TAI urges the United Nations and concerned governments to call on the Chinese government to immediately conduct a public investigation into the alleged abuses, deaths, and mental health concerns of Tibetan children in Chinese state-run boarding schools, to abolish the coercive system of boarding schools and preschools, and to enable Tibetan children to access high-quality mother tongue education while living at home.
Miami Herald
7 days ago
- Business
- Miami Herald
NATO Ally Gains Ground With Stealth Jet Rivaling U.S.
Turkey's first homegrown fifth-generation fighter plane, KAAN, from Turkish Aerospace Industries (TAI), is generating increased global attention and buying interest, according to defense publications. Newsweek has reached out to Turkish Aerospace Industries (TAI) for comment. Turkey's exclusion from the F-35 program in 2019 over its purchase of Russian S-400s accelerated its drive for strategic autonomy and potential competition with the U.S.-made F-35 and F-22. Turkey is already becoming an increasingly important exporter of drones. Turkey's rising role, led by President Recep Tayyip Erdogan, an ally of U.S. President Donald Trump, could change global defense dynamics. Saudi Arabia, Kazakhstan, Malaysia, and Indonesia have shown interest in the KAAN fighter jet program, Mehmet Demiroglu, CEO of Turkish Aerospace Industries (TAI) said this week, according to the Bulgarian Military News. He added that the agreement phase has been reached with some countries, according to the Defense Mirror. According to TAI's website, KAAN achieves air superiority with long-range strikes, internal weapons, supersonic speed, and artificial intelligence enhanced combat power. It performed its maiden flight in February 2024. Demiroglu announced earlier this year that both Saudi Arabia and the UAE have shown interest in the KAAN fighter jet project. While Saudi Arabia may be looking to acquire 100 jets, the UAE's interest lies in the program itself, with potential for joint platform development, according to Forbes. The UAE's planned purchase of U.S.-made F-35s-following the signing of the Abraham Accords-was cancelled due to concerns about the UAE's military ties with China under the Biden administration. A recent report by the International Institute for Strategic Studies (IISS) also noted that the UAE has been a major recipient of Chinese arms exports. Saudi Arabia, still distant from normalizing ties with Israel, signed $142 billion arms during Trump's recent visit, but uncertainty over F-35s is driving it to seek alternatives to American defense reliance. "This shift is driven by complex political dynamics, especially with US restrictions on the sale of advanced fighters such as the F-35 and Washington's prioritization of maintaining Israel's qualitative military edge," Ali Bakir, nonresident senior fellow with the Scowcroft Middle East Security Initiative at the Atlantic Council's Middle East programs, wrote in January. Although Trump's Gulf allies have recently secured more arms deals, the U.S. is not viewed as the sole supplier. Arms restrictions have pushed other traditional U.S. allies such as Egypt, which borders Israel, to look to China for advanced fighter jets. Turkish Aerospace Industries (TAI) CEO Mehmet, as quoted by the Defense Mirror: "Saudi Arabia has been interested for a long time, their interest is at the highest level right now. the Indonesian side is also doing well." Turkey's new fighter aircraft aims at replacing the Turkish Air Force's aging F-16s starting in the 2030s. Related Articles Beach Clubs Offering First-Class Service, Food and ViewsTurkey's Erdogan Has Become One of World's Most Powerful Men-And Trump AllyNATO Issues Warning About Defense Spending Amid Threats from Russia, ChinaTrump: I'd Still Go to Turkey for Russia-Ukraine Talks if Appropriate 2025 NEWSWEEK DIGITAL LLC.
Newsweek
7 days ago
- Business
- Newsweek
NATO Ally Gains Ground With Stealth Jet Rivaling U.S.
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Turkey's first homegrown fifth-generation fighter plane, KAAN, from Turkish Aerospace Industries (TAI), is generating increased global attention and buying interest, according to defense publications. Newsweek has reached out to Turkish Aerospace Industries (TAI) for comment. Why It Matters Turkey's exclusion from the F-35 program in 2019 over its purchase of Russian S-400s accelerated its drive for strategic autonomy and potential competition with the U.S.-made F-35 and F-22. Turkey is already becoming an increasingly important exporter of drones. Turkey's rising role, led by President Recep Tayyip Erdogan, an ally of U.S. President Donald Trump, could change global defense dynamics. Presentation ceremony of the National Combat Aircraft KAAN on May 1, 2023 in Ankara, Türkiye. Presentation ceremony of the National Combat Aircraft KAAN on May 1, 2023 in Ankara, Türkiye. Yavuz Ozden/What To Know Saudi Arabia, Kazakhstan, Malaysia, and Indonesia have shown interest in the KAAN fighter jet program, Mehmet Demiroglu, CEO of Turkish Aerospace Industries (TAI) said this week, according to the Bulgarian Military News. He added that the agreement phase has been reached with some countries, according to the Defense Mirror. According to TAI's website, KAAN achieves air superiority with long-range strikes, internal weapons, supersonic speed, and artificial intelligence enhanced combat power. It performed its maiden flight in February 2024. KAAN (King of Kings), Türkiye's 5th generation stealth fighter jet, taking off for its maiden flight earlier today. — Clash Report (@clashreport) February 21, 2024 Demiroglu announced earlier this year that both Saudi Arabia and the UAE have shown interest in the KAAN fighter jet project. While Saudi Arabia may be looking to acquire 100 jets, the UAE's interest lies in the program itself, with potential for joint platform development, according to Forbes. U.S. Curbs Alienate Allies The UAE's planned purchase of U.S.-made F-35s—following the signing of the Abraham Accords—was cancelled due to concerns about the UAE's military ties with China under the Biden administration. A recent report by the International Institute for Strategic Studies (IISS) also noted that the UAE has been a major recipient of Chinese arms exports. Saudi Arabia, still distant from normalizing ties with Israel, signed $142 billion arms during Trump's recent visit, but uncertainty over F-35s is driving it to seek alternatives to American defense reliance. "This shift is driven by complex political dynamics, especially with US restrictions on the sale of advanced fighters such as the F-35 and Washington's prioritization of maintaining Israel's qualitative military edge," Ali Bakir, nonresident senior fellow with the Scowcroft Middle East Security Initiative at the Atlantic Council's Middle East programs, wrote in January. Although Trump's Gulf allies have recently secured more arms deals, the U.S. is not viewed as the sole supplier. Arms restrictions have pushed other traditional U.S. allies such as Egypt, which borders Israel, to look to China for advanced fighter jets. What People Are Saying Turkish Aerospace Industries (TAI) CEO Mehmet, as quoted by the Defense Mirror: "Saudi Arabia has been interested for a long time, their interest is at the highest level right now. the Indonesian side is also doing well." What Happens Next Turkey's new fighter aircraft aims at replacing the Turkish Air Force's aging F-16s starting in the 2030s.
Business Wire
13-05-2025
- Business
- Business Wire
Kyriba Unveils Agentic AI TAI to Transform Finance with Security, Compliance & Trust
SAN DIEGO--(BUSINESS WIRE)--Kyriba, a global leader in liquidity performance, today introduced its agentic AI solution, TAI – a significant advancement in the safe, compliant use of generative AI in finance operations to improve productivity and efficiency amid continued economic uncertainty. Powered by Kyriba's embedded Large Language Model (LLM) and over 20 years of unmatched global liquidity data, TAI simplifies complex workflows, identifies risks with predictive analytics, and enhances data-driven decision-making across treasury, payments, risk management and working capital. Poised to transform finance and treasury operations without relying on third-party LLM integrations, TAI is a key component of Kyriba's Trusted AI portfolio. This platform-wide approach prioritizes industry-leading data privacy while empowering enterprise leaders to make faster, smarter decisions with human judgement and responsibility at the center. Kyriba's approach directly addresses the "Trust Gap" – the growing divide between the promise of AI-driven financial transformation and the fear of security and privacy risks. A new Kyriba survey* of CFOs and treasury leaders in the US, UK, France and Japan reveals that while 53% view AI as the most significant transformation to their role over the next five years, 76% are concerned that security or privacy risks could undermine their organization's financial health. 'While many are racing to churn out 'autonomous' finance solutions, we're hearing what leaders are really saying: adopting AI shouldn't mean compromising on security, control, or risk standards in finance and treasury. As companies continue to face economic volatility, TAI was designed to optimize liquidity performance with nimble, data-driven insights – plus the assurance of integrity, visibility and ownership,' said Kyriba Chair and CEO Melissa Di Donato. TAI will be showcased at the company's annual customer conference, KyribaLive, beginning today in Orlando. Attendees will hear from Kyriba executives, industry leaders, partners and customers, including members of Kyriba's Co-Innovation Lab that piloted TAI's agentic AI capabilities such as Sodexo, Koch, Inc. and Mews. 'While leveraging AI to realize greater efficiency is top of mind, the safety and security of our data is paramount. I appreciate seeing firsthand how Kyriba puts transparency and human oversight at the forefront. As a Co-Innovation Lab member, I am optimistic about TAI's potential to enhance our treasury and payment processes, and look forward to its continued evolution,' said Yoann Kremer, Systems & Projects Manager - Enterprise Liquidity Management, Sodexo. "Trust is phenomenally important for us at this stage as a key pivot issue for AI adoption – being able to determine if the 'right' answer is a 'true' answer. Trust is critical right now in helping to build confidence,' said Meaghan Downs, Sr. Analyst, Global Payment Solutions, Koch, Inc. 'As a scale up, we are really nimble and agile and we want to be ahead of the trend. This was a great opportunity to see how we can integrate AI into the treasury workflows by automating the repetitive tasks and focusing our time on being more productive – allowing us to focus on the decisions that we need to make to take the company forward,' said Hemant Godhwani, Head of Corporate Finance & Treasury at Mews. Transcending traditional financial tools by addressing liquidity challenges, the Trusted AI portfolio also offers innovative solutions like Cash AI, Invoice AI and Fraud Detection AI across Kyriba's product pillars. 'We're hearing loud and clear that finance leaders are excited about the potential of automation – but remain skeptical about oversight, ethics and workforce impact. Kyriba's agentic AI addresses these concerns head on with its embedded and compliant LLM approach designed to augment – not replace – human expertise, which I expect the market will welcome wholeheartedly,' added Kevin Permenter, IDC Senior Research Director, Financial Applications. Kyriba customers can preview TAI at Kyriba User Groups and KyribaLive Exchange (KLX) events around the world. For dates and locations, visit * Survey conducted Feb 18 - Mar 3, 2025 by CensusWide on behalf of Kyriba among 1,000 CFOs, Treasurers and senior financial decisionmakers working at companies with $100M+ in revenue across US, UK, France and Japan. About Kyriba Kyriba is the global leader in liquidity performance, empowering CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity amid economic complexity. As a secure and scalable SaaS solution trusted by 3,000 customers, Kyriba delivers intelligence and financial automation through innovative technologies – including its trusted agentic AI (TAI) – bringing precision, efficiency, and insight to financial operations. With an expansive ecosystem of banking, technology and consulting partners, Kyriba's platform powers more than 3 billion bank transactions and $15 trillion in payments across 9,900+ banks annually – helping companies gain enterprise-wide visibility, ensure financial stability, and outperform their business strategy.
