Understanding the Market | Xiaomi Open Sources Its First Inference Large Model MiMo, KINGSOFT Rises Over 5%, Xiaomi Corporation-W Rises Over 4%
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Xiaomi-related stocks rose, with KINGSOFT up 5.18% to HKD 40.6, and Xiaomi Corporation-W up 4.1% to HKD 52. Xiaomi has open-sourced the inference large model MiMo, with a parameter scale of 7B, surpassing OpenAI and Alibaba's models. Xiaomi has launched a recruitment drive for large model talent, with application scenarios related to its own business. Huafu Securities believes that Xiaomi + Kingsoft Cloud is comparable to Tesla + xAI, possessing advantages in AI traffic and cloud platforms. CICC expects Xiaomi's vehicle shipments to grow by 192% in 2025
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