Group 1: User and Device Metrics - Xiaomi's global monthly active users reached 742 million, with AIoT platform connected devices surpassing 1.04 billion [1] - The number of hardware partners exceeded 15,000, and the global developer community grew to 1.2 million [1] - Monthly application distribution in the domestic ecosystem surpassed 1.1 billion, with paid game users exceeding 18 million and content subscription users surpassing 13 million [1] Group 2: Automotive Business Development - Xiaomi's cumulative car deliveries exceeded 500,000 units, with over 350,000 units delivered in 2025 [2] - The CarIoT platform has opened over 30 product categories and established deep collaborations with four automotive manufacturers, including BYD and GAC Toyota [2] - Xiaomi continues to enhance its ecosystem by providing core capabilities such as Xiaomi Surge OS and Xiaomi Vela for developers [2] Group 3: AI and Research Investments - Since April, Xiaomi has launched several AI models, including Xiaomi MiMo language and multimodal models, which are open-sourced for global developers [3] - The Xiaomi MiMo-V2-Flash model, designed for high inference efficiency, has been recognized as one of the top two global open-source models [3] - Xiaomi plans to invest 200 billion yuan in R&D over the next five years, with an expected investment of 32-33 billion yuan this year and around 40 billion yuan in 2026 [3]

知名模型。 在演讲中，罗福莉正式发布并开源了最新的混合专家（MoE）大模型 MiMo-V2-Flash。该模型总参数量 达3090亿，但激活参数量仅为150亿，专为智能体设计，在保持高性能的同时大幅提升了推理效率。她 表示，该模型在多个智能体测评基准上已进入全球开源模型的Top 2，其代码能力更是超过了所有开源 模型，性能接近顶尖闭源模型，而推理成本仅为其极小一部分。 罗福莉的自信表态，基于小米大模型在权威公开评测中的表现。早在今年4月，小米开源的首个推理大 模型"Xiaomi MiMo"就曾在数学推理和代码竞赛的公开测评集上，以7B的参数量超越了部分更大规模的 【CNMO科技消息】12月17日，在2025小米人车家全生态合作伙伴大会上，小米MiMo大模型负责人罗 福莉首次公开亮相。她表示，小米开源模型在代码能力和智能体（Agent）能力上，凭借"世界级非常公 开公正的评估榜单"成绩，已经进入了全球前两名。 此次大会是罗福莉自今年11月正式加入小米并执掌MiMo大模型团队后的首次公开演讲。这位被誉 为"AI天才少女"的95后技术专家，曾任职于阿里、幻方量化，并是DeepSeek-V2的关键开发者，她的加 盟被 ...

小米正站在十字路口，处于向硬科技企业转折的关键节点。 2022年底以来，AI大模型汹涌澎湃，成为本轮人工智能浪潮的核心焦点。AI手机、AI电脑、AI耳机、AI眼镜、AI学习机、机器人等各类智能硬件也迎来 爆发式增长。"人工智能时代，所有硬件都值得用AI重做一遍"，早已成为行业共识。 作为手机厂商，布局AI大模型，持续投入AI研发是题中之义。 2025年4月底，小米开源首个推理大模型Xiaomi MiMo，数学推理（AIME 24-25）和代码竞赛（LiveCodeBench v5）能力表现出色。 12月17日，小米发布并开源最新MoE大模型MiMo-V2-Flash，总参数309B，激活参数15B。 据小米介绍，Xiaomi MiMo-V2-Flash通过引入Hybrid注意力架构创新及多层MTP推理加速，在多个Agent测评基准上进入全球开源模型Top 2；代码能力超 过所有开源模型，比肩标杆闭源模型Claude 4.5 Sonnet，但推理价格仅为其 2.5%且生成速度提升至2倍，成功将大模型效果和推理效率推向极致。 值得一提的是，在2025小米"人车家全生态"合作伙伴大会上，Xiaomi MiMo大模型 ...

Core Insights - The article discusses the recruitment of AI talent, specifically the hiring of Luo Fuli, a former DeepSeek researcher, by Xiaomi to join the Xiaomi MiMo large model team [1][4]. Group 1: Talent Acquisition - Luo Fuli, a notable AI researcher from Sichuan, has joined Xiaomi after a high-profile career, including positions at Alibaba's DAMO Academy and DeepSeek [4][5]. - She gained recognition for her contributions to AI, particularly during her master's studies at Peking University, where she published multiple papers at a top international conference [4][5]. - Xiaomi reportedly offered a substantial salary to attract Luo, highlighting the competitive nature of AI talent acquisition in the industry [5][6]. Group 2: Xiaomi's AI Strategy - Xiaomi has been investing in AI since 2016, initially focusing on integrating AI into IoT products, but has shifted towards developing large models in response to the global AI trend [6][7]. - The company established the AI Lab's large model team in 2023, aiming to enhance its AI capabilities with a focus on lightweight and local deployment strategies [6][7]. - Xiaomi's recent AI models, such as Xiaomi MiMo, have shown competitive performance, surpassing larger models from OpenAI and Alibaba with fewer parameters [7]. Group 3: Financial Commitment - Xiaomi plans to invest 30 billion yuan in R&D by 2025, with a significant portion allocated to AI development [7]. - The company views AI and chip technology as critical components of its strategic direction, indicating a long-term commitment to advancing its AI capabilities [7].

Core Insights - The upcoming conference will focus on cutting-edge technologies in the hardware and software sectors, featuring a main forum and nine sub-forums, with key speeches from Xiaomi executives including President Lu Weibing [2] - Newly appointed MiMo model leader Luo Fuli will make her public debut at the conference, having joined Xiaomi with a reported annual salary in the millions [3] - Xiaomi is intensifying its investment in AI hardware, with a focus on mobile devices as the core of AI hardware development, and has recently collaborated with Peking University on research in the MoE and reinforcement learning fields [6][8] Company Developments - Xiaomi established its AI Lab in 2016, initially focusing on IoT products like the Xiao Ai speaker, and has since expanded its research to cover a wide range of AI technologies [8] - In 2023, Xiaomi formed a large model team in response to the global surge in interest in large models, launching its first inference model, Xiaomi MiMo, in April [8] - Luo Fuli's background includes a degree in computer science from Beijing Normal University and a master's in computational linguistics from Peking University, followed by roles at Alibaba's DAMO Academy and DeepSeek [9][11] Investment Strategy - Xiaomi plans to invest 30 billion yuan in R&D by 2025, with 25% of that budget allocated specifically to AI, indicating a strong commitment to AI development as a critical area for future growth [11] - The competition in the AI sector is viewed as a talent race, with Xiaomi's focus on developing its own large models seen as essential in a market characterized by increasing homogeneity [11]

Core Viewpoint - Xiaomi's automotive division has finally turned profitable after more than a year of selling cars, achieving a significant milestone in its business development [1][6]. Financial Performance - In Q3 2025, Xiaomi reported total revenue of RMB 113.1 billion, a year-on-year increase of 22.3% but a quarter-on-quarter decrease of 2.4% [2][4]. - Adjusted net profit for the same period was RMB 11.3 billion, reflecting an 80.9% year-on-year growth and a 4.4% quarter-on-quarter increase [2][3]. - The gross profit margin for the overall business was 22.9%, with a notable increase in operating profit by 150.1% year-on-year [2][3]. Automotive Business - The automotive segment generated RMB 29 billion in revenue, marking a historical high with a year-on-year growth of 199.2%, and accounted for 25.6% of total revenue [6][8]. - For the first time, the automotive division achieved an operating profit of RMB 700 million in Q3 [1][6]. - Xiaomi delivered 108,796 vehicles in Q3, and is on track to meet its annual delivery target of 350,000 vehicles [1][8]. Smartphone and AIoT Business - The smartphone and AIoT segment generated RMB 84.1 billion in revenue, representing 74.4% of total revenue, with a slight year-on-year increase of 1.6% [3][4]. - The gross margin for the smartphone and AIoT business was 22.1%, up 1.3% year-on-year [3][4]. - Xiaomi's smartphone sales ranked second in the domestic market, with a market share of 18.9% in the RMB 4,000-6,000 price range, an increase of 5.6% year-on-year [4][5]. Research and Development - Xiaomi's R&D investment reached RMB 235 billion in the first three quarters, with a record high of 24,871 R&D personnel [8][10]. - The company is focusing on AI development, with significant outputs from its AI team within a year of formation [8][10]. Future Outlook - The company anticipates challenges in 2026, particularly regarding automotive gross margins due to potential changes in tax policies and increased competition in the automotive sector [1][8]. - Xiaomi aims to expand its presence in the high-end smartphone market, particularly in the RMB 6,000+ segment, leveraging the success of its Xiaomi 17 series [5][8].

Core Insights - The news highlights the official announcement of Luo Fuli joining Xiaomi's MiMo large model team, which focuses on AI model research [2][4] - Xiaomi's MiMo is the company's first inference model, indicating a strategic move into AI development [4][6] - The establishment of the AI laboratory's large model team in April 2023 signifies Xiaomi's commitment to advancing AI technologies [6] Company Developments - Luo Fuli's announcement in her social media indicates her role in building a future towards Artificial General Intelligence (AGI) at Xiaomi [2][4] - Xiaomi's MiMo team aims to enhance inference capabilities through a newly established core team, marking a significant step in their AI initiatives [6] - Recent changes in the business registration of Shanghai Luobopai Technology Co., which is focused on humanoid robotics, suggest Xiaomi's expansion into various tech fields [8] Product Innovations - Xiaomi is expected to launch its first NAS (Network Attached Storage) product, targeting home users with compatibility across multiple operating systems [11][13] - The NAS aims to integrate with Xiaomi's ecosystem, enhancing user experience through features like AI photo albums and a home cinema center [13]

Core Insights - The former DeepSeek researcher, Luo Fuli, has officially joined Xiaomi to work in the Xiaomi MiMo large model team, marking a significant recruitment for the company [1][6]. Group 1: Background of Luo Fuli - Luo Fuli, a post-95 talent from Yibin, Sichuan, graduated with a master's degree from Peking University and has previously worked at Alibaba's DAMO Academy and DeepSeek [3][4]. - She gained recognition in 2019 for publishing eight papers at the ACL conference while still a master's student, earning the title of "genius AI girl" [4]. - After leaving Alibaba, she worked at a quantitative hedge fund and then joined DeepSeek, contributing to the development of the MoE model DeepSeek-V2 [5]. Group 2: Xiaomi's AI Strategy - Xiaomi has been investing in AI since the establishment of its AI Lab in 2016, initially focusing on IoT products and expanding into various AI technologies [6]. - In 2023, Xiaomi formed the AI Lab's large model team, led by a former Toshiba researcher, to enhance its AI capabilities [6]. - The company has committed to investing 30 billion yuan in R&D by 2025, with a quarter of that allocated to AI, indicating a strong focus on developing proprietary large models [7]. Group 3: Performance of Xiaomi MiMo - The Xiaomi MiMo model has demonstrated superior performance in mathematical reasoning and coding competitions, outperforming OpenAI's o1-mini and Alibaba's QwQ-32B-Preview models with only 7 billion parameters [7]. - Xiaomi has also released several multimodal models, showcasing its ambition to lead in the AI space [7]. Group 4: Competitive Landscape - The AI sector is highly competitive, with major players already established, making it challenging for Xiaomi to carve out its niche [7]. - The recruitment of key talent like Luo Fuli is crucial for Xiaomi as it navigates this competitive landscape, emphasizing that success in AI is fundamentally a talent competition [7].

Core Viewpoint - Xiaomi has successfully recruited AI talent Luo Fuli, who was previously a key developer for DeepSeek-V2, to lead its AI large model team, signaling a strong commitment to advancing its AI strategy and capabilities in the competitive tech landscape [1][16]. Group 1: Recruitment and Confirmation - Luo Fuli was offered a salary of ten million to join Xiaomi, and her official confirmation came on November 12, ending months of speculation about her employment status [1][3]. - Prior to her official announcement, there were indications of her involvement with Xiaomi, including comments on social media and her name appearing in a Xiaomi paper [6][9]. Group 2: Background and Expertise - Luo Fuli, born in a rural family in Sichuan, has a strong academic background, having graduated from Beijing Normal University and later pursuing research at Peking University [12][13]. - She has experience working at Alibaba's DAMO Academy and DeepSeek, where she contributed to significant AI projects, including the development of multilingual pre-training models [13][15]. Group 3: Strategic Implications for Xiaomi - Luo Fuli's expertise in multimodal interaction and lightweight deployment of large models is expected to enhance Xiaomi's AI capabilities, particularly in complex scenario understanding and personalized recommendations [16]. - Xiaomi's AI strategy is closely tied to its vision of an integrated "human-vehicle-home ecosystem," with AI large models being a crucial component for the future of smart connected vehicles [16]. Group 4: Industry Context - The competition for AI talent is intensifying globally, with major companies like Huawei and Meta also aggressively recruiting top talent, reflecting a significant imbalance in the supply and demand for AI professionals [18][20]. - The current estimated supply-demand ratio for AI talent stands at 1:10, indicating a critical shortage in the market [20].

Group 1: OpenAI Developments - OpenAI released the GPT-5.1 model on November 12, featuring two versions: GPT-5.1 Instant and GPT-5.1 Thinking. The Instant version is designed to be more obedient and reliable in following user instructions, introducing Adaptive Reasoning for the first time [1] - The Thinking version focuses on efficiency, improving the allocation of thinking time, using simpler language, and adopting a warmer, more empathetic tone [1] Group 2: Company Movements - Former DeepSeek researcher Luo Fuli has joined Xiaomi's MiMo team, which is focused on building future AGI technologies. The claim of a "tens of millions salary" has been refuted as exaggerated [3] - Intel's AI chief Sachin Katti is leaving to join OpenAI, while Intel emphasizes its commitment to AI as a strategic priority [5] - ByteDance terminated an employee for multiple leaks related to its robotics research, highlighting internal security concerns [6] Group 3: Investment and Financial Activities - Anthropic, an AI startup backed by Google, plans to invest $50 billion in building data centers in the U.S., creating approximately 800 permanent jobs and 2,400 construction jobs, with projected revenues of $70 billion by 2028 [4] - Nanwei Semiconductor announced a private placement to raise approximately $100 million, aimed at supporting its transition into high-power markets [12] - ChipLink Capital completed fundraising of 1.25 billion yuan for its first main fund, focusing on sectors like semiconductors and AI [15] Group 4: Market Trends - Major storage manufacturers, including Samsung and SK Hynix, are planning to increase NAND prices by 20% to 30% while reducing supply, indicating a tightening market [10] - Jiangbolong reported that demand for large-capacity QLC SSDs is exceeding supply expectations, leading to upward pricing trends [9] Group 5: Regulatory and Compliance Updates - The China Payment and Clearing Association urged payment service providers to enhance security management for "no-password payments," emphasizing user consent and risk management [8] - Ant Group is considering extending the deadline for its acquisition of Yaocai Securities, pending regulatory approvals from both Hong Kong and mainland authorities [7]