---
title: "Goldman Sachs: Xiaomi releases a brand new open-source model, expected to accelerate ecosystem integration"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270093456.md"
description: "Goldman Sachs research report pointed out that Xiaomi has released a new open-source model MiMo-V2-Flash, focusing on inference, programming, and intelligent agent scenarios. Goldman Sachs believes that Xiaomi is rapidly developing its artificial intelligence infrastructure and application capabilities, and it is expected to accelerate the intelligent integration of its ecosystem. Xiaomi plans to invest RMB 200 billion in research and development over the next five years, with a focus on chipsets, operating systems, and artificial intelligence. Goldman Sachs has given Xiaomi a \"Buy\" rating with a target price of HKD 53.5"
datetime: "2025-12-18T02:08:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270093456.md)
  - [en](https://longbridge.com/en/news/270093456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270093456.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/270093456.md) | [繁體中文](https://longbridge.com/zh-HK/news/270093456.md)


# Goldman Sachs: Xiaomi releases a brand new open-source model, expected to accelerate ecosystem integration

Goldman Sachs research report indicates that Xiaomi (01810.HK) has launched its new open-source model MiMo-V2-Flash, a foundational language model designed specifically for inference, programming, and intelligent agent scenarios, with extreme efficiency as its core design principle. MiMo-V2-Flash adopts a mixed expert architecture, with a total parameter count of 309 billion and 15 billion active parameters.

The firm believes that Xiaomi is rapidly developing its artificial intelligence infrastructure and application capabilities, emerging as a top-tier open-source model developer, which will accelerate the intelligent integration of its "people, vehicles, and home ecosystem." The firm continues to expect Xiaomi to deliver more artificial intelligence-related outcomes and expand AI applications into its ever-growing ecosystem.

The group's management expects R&D investment to reach RMB 40 billion by 2026, with a cumulative investment of RMB 200 billion over the next five years, focusing on chipsets, operating systems (OS), and artificial intelligence as key investment areas. The firm currently gives Xiaomi a "Buy" rating, with a target price of HKD 53.5

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