Xiaomi's MiMo-V2-Pro LLM rivals top AI models.

Chinese electronics and car manufacturer Xiaomi has unveiled MiMo-V2-Pro, a new 1-trillion parameter foundation model that is reportedly nearing the performance benchmarks of leading U.S. AI models like OpenAI's GPT-5.2 and Anthropic's Opus 4.6. A significant advantage of MiMo-V2-Pro is its cost-effectiveness, offering access via proprietary API at approximately one-sixth to one-seventh the price of its competitors, while also efficiently handling token exchange. The project was led by Fuli Luo, a veteran known for his work on the disruptive DeepSeek R1 project, signaling a major advancement in the global AI landscape. This development positions Xiaomi as a formidable player in the large language model market, potentially democratizing access to high-performance AI capabilities due to its competitive pricing and efficiency.