Xiaomi to invest $5.6 billion in R&D next year, unveils MiMo AI model
Xiaomi plans to invest $27.8 billion in R&D over five years, aiming to lead in hard-core technologies. In 2026, R&D spending will rise to $5.6 billion. Xiaomi unveiled the MiMo AI model, optimized for inference, supporting AI applications across its ecosystem.
Lu Weibing, president of Xiaomi Group, announced today at Xiaomi’s 2025 Human–Car–Home Ecosystem Partner Conference that the company plans to invest RMB 200 billion ($27.8 billion) in research and development over the next five years, with the long-term goal of becoming a global leader in hard-core technologies. For this year, Xiaomi expects its R&D spending to reach RMB 32 billion to RMB 33 billion ($4.4 billion to $4.6 billion), with investment projected to rise to around RMB 40 billion ($5.6 billion) in 2026. Xiaomi also unveiled its MiMo foundation model, a self-developed AI base model optimized for inference, which offers high-efficiency performance despite its relatively small parameter size. It can support a wide range of AI applications across Xiaomi’s smartphones, smart home devices, and automotive ecosystem. [Xiaomi Weibo, in Chinese]
