Xiaomi debuted MiMo a day after Alibaba unveiled the latest version of its own flagship model, amplifying a race between China's tech players that erupted after DeepSeek's R1 stunned the industry with a low-cost yet capable platform. Better-known for smartphones and most recently a line-up of EVs, Xiaomi declared on Wednesday it too was now intent on developing artificial general intelligence, or AI with human-level intellect.
Xiaomi Corp. unveiled its own open-source AI model, joining the growing ranks of Chinese tech leaders hoping to make a splash in a burgeoning field endorsed by Beijing.
The smartphone and EV maker publicised the MiMo reasoning model, which like DeepSeek's R1 mimics the way humans think through problems. Xiaomi printed stats on WeChat showing it surpassed OpenAI's o1-mini and Alibaba Group Holding Ltd.'s Qwen platforms in benchmark tests, which Bloomberg hasn't independently verified.

