Xiaomi Commits ¥60 Billion to AI, Launches Flagship MiMo-V2-Pro
At the March 19 Spring Product Launch, Xiaomi CEO Lei Jun unveiled the company’s ambitious plan to invest at least ¥60 billion (approx. $8.3 billion) in AI over the next three years. Current R&D and capital expenditures have already exceeded ¥16 billion. MiMo-V2-Pro Large Model Team Profile Lei Jun emphasized that Xiaomi’s AI team has achieved in two years what many peers take five to ten years, underscoring the rapid pace of progress. This announcement signals Xiaomi’s determination to become a major player in global AI development, combining cutting-edge research with aggressive investment.
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