Tech

Xiaomi Unveils MiMo-V2-Flash: A New Open-Weight AI Model Aiming to Take on DeepSeek

The global AI race is no longer limited to Silicon Valley. Chinese technology giants are rapidly expanding beyond hardware and consumer electronics into foundational artificial intelligence models—and Xiaomi is now making that shift unmistakably clear.

With the launch of MiMo-V2-Flash, Xiaomi has unveiled an open-weight AI model designed for complex reasoning, coding, and agentic AI tasks, while also serving as a general-purpose assistant. The move signals Xiaomi’s ambition to become a serious player in the AI infrastructure space, placing it in direct competition with companies such as DeepSeek, Anthropic, and OpenAI.

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At a time when AI models are increasingly being embedded into phones, tablets, cars, and operating systems, MiMo-V2-Flash represents more than just another large language model. It is a strategic step in Xiaomi’s broader attempt to build an AI-first ecosystem spanning consumer devices and electric vehicles.


Key Takeaways

MiMo-V2-Flash is a 309-billion-parameter open-weight AI model focused on reasoning, coding, and agentic tasks.
The model delivers inference speeds of up to 150 tokens per second at significantly lower costs than many rivals.
Xiaomi has made the model publicly available via its developer platforms and Hugging Face, reinforcing its open ecosystem strategy.
Benchmark results place MiMo-V2-Flash on par with leading reasoning models from DeepSeek and Moonshot AI.
The launch marks Xiaomi’s deeper push beyond hardware into foundational AI infrastructure.


What Is MiMo-V2-Flash and Why It Matters

MiMo-V2-Flash is part of Xiaomi’s MiMo family of AI models and has been positioned as a high-performance, cost-efficient alternative to existing open and closed models. With 309 billion parameters, it falls firmly into the category of large-scale AI systems capable of handling advanced reasoning, long-context understanding, and complex coding workflows.

According to Xiaomi, the model can process up to 150 tokens per second while operating at a cost of just $0.1 per million input tokens and $0.3 per million output tokens. In an industry where inference costs often dictate real-world adoption, this pricing could make MiMo-V2-Flash attractive to startups, enterprises, and independent developers.

The model has been released through Xiaomi’s MiMo Studio developer portal, its API platform, and public repositories, signalling the company’s commitment to open-weight distribution rather than tightly controlled, closed access.


Engineering Choices: Speed, Cost, and Efficiency

One of the most notable aspects of MiMo-V2-Flash is its Mixture-of-Experts (MoE) architecture. MoE models divide large neural networks into specialised sub-networks, activating only the most relevant “experts” for a given task. This approach helps balance performance with efficiency, reducing computational overhead without sacrificing output quality.

Xiaomi has also focused on reducing the cost of long-context processing. Instead of re-evaluating entire prompts repeatedly, MiMo-V2-Flash limits how much past context needs to be reprocessed. This makes it particularly suitable for agentic workflows, coding environments, and enterprise applications where prompts can become extremely long.

These engineering decisions suggest Xiaomi is optimising not just for benchmark scores, but for real-world deployment at scale.


Benchmark Performance: How It Compares to Rivals

In benchmark evaluations, Xiaomi claims that MiMo-V2-Flash performs on par with Moonshot AI’s Kimi K2 Thinking and DeepSeek V3.2 across most reasoning tests. More notably, it reportedly surpasses Kimi K2 in long-context evaluations, an area increasingly critical for agent-based AI systems.

On SWE-Bench Verified, a widely respected benchmark for coding performance, MiMo-V2-Flash scored 73.4 per cent—outperforming all open-weight rivals in that category. Xiaomi also claims that its coding performance matches Claude 4.5 Sonnet, a closed model from Anthropic, despite being built at a fraction of the cost.

If these results hold up under independent testing, MiMo-V2-Flash could become one of the strongest open-weight alternatives for reasoning and software development tasks.


Xiaomi’s Strategic Shift Beyond Hardware

For years, Xiaomi has been known primarily as a smartphone and consumer electronics brand. However, the launch of MiMo-V2-Flash highlights a broader strategic transition. AI is no longer being treated as a feature layer on top of hardware, but as a foundational capability that can power entire ecosystems.

This shift aligns with Xiaomi’s plans to integrate AI agent-driven features across its smartphones, tablets, and electric vehicles. As software-defined vehicles and AI-powered personal devices become more common, owning a proprietary AI stack offers Xiaomi greater control over user experience and long-term differentiation.

The involvement of Luo Fuli, a former DeepSeek researcher who recently joined Xiaomi’s MiMo team, further reinforces the seriousness of this effort. In a post announcing the launch, she described MiMo-V2-Flash as only “step two” in Xiaomi’s broader AGI roadmap, hinting at more ambitious models in development.


Impact Analysis: Who Stands to Benefit

Developers and Startups

Low inference costs and open-weight access make MiMo-V2-Flash appealing for developers building AI-driven applications, especially in regions where compute budgets are limited.

Enterprises

Enterprises looking for alternatives to expensive closed models may find MiMo-V2-Flash attractive for internal tools, coding assistants, and knowledge systems.

The AI Ecosystem

The model adds competitive pressure on both Chinese and Western AI labs, accelerating innovation and potentially driving down costs across the industry.

Xiaomi’s Hardware Business

Tight integration between AI models and devices could give Xiaomi an edge in delivering AI-first experiences across phones, tablets, and EVs.


The Bigger Picture: Open-Weight Models vs Closed AI

MiMo-V2-Flash arrives amid a growing debate over open-weight versus closed AI models. While closed models often lead in raw performance, open-weight alternatives are gaining traction due to transparency, customisability, and cost advantages.

By releasing a high-performing open-weight model, Xiaomi is positioning itself as a champion of accessible AI infrastructure. This approach mirrors strategies adopted by other Chinese AI players and contrasts with the increasingly restricted access models used by Western incumbents.


Forward Outlook: What Comes Next for Xiaomi’s AI Ambitions

MiMo-V2-Flash is unlikely to be Xiaomi’s final word in AI. The company has clearly signalled that this model is part of a longer-term roadmap toward more capable, agent-driven systems. Future iterations may focus on multimodal capabilities, deeper integration with hardware, and expanded support for autonomous agents.

For the broader market, Xiaomi’s entry raises the stakes. As more hardware giants invest in foundational AI models, competition will intensify—not just on performance, but on cost, openness, and ecosystem integration.

If Xiaomi can successfully align its AI models with its massive global device footprint, MiMo-V2-Flash may be remembered as the moment the company truly stepped into the AI big leagues.

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