Core Insights - Xiaomi's investment in artificial intelligence (AI) has yielded returns in 2025 that significantly exceeded expectations, according to the company's president Lu Weibing [1] - The company is shifting focus towards embodied AI after substantial investments in general AI over recent quarters, paralleling strategies seen in companies like Tesla [2] - Xiaomi's advancements in AI large models and applications have surpassed initial expectations, with a belief that the integration of AI with the physical world represents the next generation of intelligent technology [3] AI Developments - Xiaomi launched its first AI model, MiMo, in April and has recently open-sourced MiMo-Embodied, which showcases advanced performance in autonomous driving and embodied AI tasks [4] - The company has seen increased interest in AI applications within the electric vehicle (EV) sector, highlighted by the introduction of its premium SU7 Ultra, which features Hyper-Autonomous Driving technology [5] - There is a growing interest in embodied AI, leading Xiaomi to enhance its investments in robotics, following the introduction of its robot dog in 2021 and a humanoid prototype in 2022 [6] Talent Acquisition - Xiaomi is actively seeking talent to bolster its AI initiatives, recently hiring Luo Fuli, a former researcher from DeepSeek, to lead the MiMo team [7] Financial Performance - Xiaomi's smart EV and AI initiatives turned a profit for the first time in Q3, generating a record revenue of 29 billion yuan (approximately US$4.1 billion), marking a 199% year-on-year increase [8] - The company's total revenue for the quarter rose by 22% year-on-year to 113.1 billion yuan [8]