Understanding the Market | Xiaomi Corporation-W rose nearly 5% and announced the release of its first inference large model "Xiaomi MiMo" as open source

Xiaomi Corporation-W rose nearly 5%, as of the time of publication, up 4.85%, reported at HKD 49.75, with a transaction volume of HKD 5.12 billion. In terms of news, on April 30th, Xiaomi's large model team announced through the "Xiaomi MiMo" public account that today, Xiaomi has open-sourced its first large model designed for inference, "Xiaomi MiMo," linking pre-training to post-training, comprehensively enhancing inference capabilities. It was introduced that on the public evaluation sets for mathematical reasoning (AIME 24-25) and code competitions (LiveCodeBench v5), MiMo, with only 7B parameters, surpassed OpenAI's closed-source inference model o1-mini and Alibaba's larger-scale open-source inference model QwQ-32B-Preview