Investing 60 Billion in AI for Three Years, Xiaomi's Large Model Achieves Double Global First, Accelerating Intelligent Transformation
On May 26, Lei Jun, Chairman of Xiaomi Group, announced R&D spending of 9 billion yuan in Q1 2026, up 33.4% year-on-year, with over 26,000 R&D staff and annual R&D investment expected to exceed 40 billion yuan. Its self-developed large model, Xiaomi MiMo-V2.5-Pro, ranked first globally among open-source models in both comprehensive intelligence and Agent indices on the Artificial Analysis list.....
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