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Xiaomi Launches MiMo-V2-Pro AI Model With One Trillion Parameters Targeting OpenAI And Anthropic At Lower Cost

  • March 24, 2026
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Xiaomi has entered the large language model arena with the release of MiMo-V2-Pro, a new artificial intelligence model with approximately one trillion parameters that the company says delivers performance approaching leading United States artificial intelligence systems including those from OpenAI and Anthropic, while operating at a significantly lower computational cost per interaction. The model is also joined by MiMo Omni and a text-to-speech system, forming what Xiaomi describes as its first full-stack model family built for the agent era of artificial intelligence, a paradigm in which models are designed not merely to respond to text prompts but to autonomously execute tasks and handle complex multi-step operations within digital environments.

The project is led by Fuli Luo, who previously contributed to the DeepSeek R1 initiative, one of the most discussed artificial intelligence developments to emerge from China in recent years. Announcing the release, Luo described the model family as a quiet ambush, noting that the shift from the conventional chat paradigm to the agent paradigm happened with remarkable speed, even catching those building it off guard. Rather than optimising primarily for traditional text-based conversation, MiMo-V2-Pro is designed to operate in more autonomous environments, handling tasks and taking actions with greater independence than conventional chat-oriented models. The model is structured to process up to 256,000 tokens per session, a context window that supports extended and complex task sequences. Luo also confirmed that the models will be open-sourced once they reach the stability threshold the team considers appropriate for public release.

The release marks a notable expansion of Xiaomi’s ambitions beyond its established position as one of the world’s largest smartphone manufacturers and a growing player in the Internet of Things ecosystem. In recent years the company has also entered the electric vehicle market with models including the SU7 and the YU7 sport utility vehicle, and the introduction of a competitive large language model positions Xiaomi alongside a growing cohort of Chinese technology companies that are building artificial intelligence capabilities to challenge the dominance of established United States players. The decision to make MiMo-V2-Pro freely available reflects a broader trend among Chinese artificial intelligence developers to prioritise accessibility and adoption, using open availability as a means of building ecosystem presence in a rapidly consolidating global market.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

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