Xiaomi has open sourced its most advanced AI model yet, MiMo-V2-Flash, signalling a strategic push into open foundational AI as it takes on global leaders with speed, scale, and cost efficiency.
Xiaomi has open sourced a new artificial intelligence model, MiMo-V2-Flash, marking its most significant move yet into foundational AI systems and positioning the company as a direct challenger to leading models from DeepSeek, Moonshot AI, Anthropic, and OpenAI.
The model has been released globally through Xiaomi’s MiMo Studio developer portal, Hugging Face, and the company’s API platform, enabling developers, researchers, and enterprises worldwide to access, test, and build on the system.
According to Xiaomi, MiMo-V2-Flash is designed to excel in reasoning, coding, and agentic tasks, while also functioning as a general-purpose AI assistant. The company claims inference speeds of up to 150 tokens per second, with pricing set at $0.1 per million input tokens and $0.3 per million output tokens, positioning the model as a high-performance alternative to proprietary systems.
On benchmarks, Xiaomi said MiMo-V2-Flash matches Moonshot AI’s Kimi K2 Thinking and DeepSeek V3.2 across most reasoning tests, surpasses Kimi K2 in long-context evaluations, and scores 73.4% on SWE-Bench Verified, outperforming all open-source peers and approaching OpenAI’s GPT-5-High. The company also claims parity with Anthropic’s Claude 4.5 Sonnet on coding tasks at a fraction of the cost.
The 309-billion-parameter Mixture-of-Experts model is designed to improve efficiency and reduce long-context processing costs. Luo Fuli, a former DeepSeek researcher and current member of Xiaomi’s MiMo team, described the release as “step two on our AGI roadmap”, noting the model moved from concept to production in just a few months.
Industry observers say the launch strengthens Xiaomi’s AI positioning as it expands agentic capabilities across smartphones, tablets, and electric vehicles. Earlier, Xiaomi President Lu Weibing said returns from the company’s AI investments had “far exceeded expectations”, adding that Xiaomi is now pivoting towards embodied AI in EVs and robotics.
MiMo-V2-Flash is the first model in Xiaomi’s MiMo family to draw broad global attention, underscoring the company’s ambition to move beyond hardware into open, large-scale AI infrastructure.
