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Xiaomi has rolled out a new open-weight AI model called MiMo-V2-Flash that is designed to handle complex reasoning, coding, and agentic AI tasks.
It is also capable of serving as a general-purpose assistant for everyday use, the Chinese smartphone and electric vehicle (EV) maker said. MiMo-V2-Flash delivers inference speeds of up to 150 tokens per second and operates at a low cost of $0.1 per million input tokens and $0.3 per million output tokens, according to Xiaomi. It has a total of 309 billion parameters. The parameters of an AI model denote its size and generally serve as an indicator of its processing capabilities.
The model has been made publicly available for download via Xiaomi’s developer portal MiMo Studio, Hugging Face, and its API platform. It is the latest open-weight AI model in Xiaomi’s Mimo family of models. The model’s launch not only signals Xiaomi’s foray beyond hardware and into foundational AI models but also positions the Chinese tech giant as a rival to prominent AI players such as DeepSeek, Anthropic, and OpenAI.
The introduction of MiMo-V2-Flash also comes at a time when Xiaomi is looking to bring AI agent-driven features across its phones, tablets, and EVs. “MiMo-V2-Flash is live. It’s just step 2 on our AGI roadmap, but I wanted to dump some notes on the engineering choices that actually moved the needle,” Luo Fuli, a former DeepSeek researcher who recently joined Xiaomi’s MiMo team, said in a post on X on December 17.
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