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<Research>G Sachs: XIAOMI-W New Model Release Fortifies Position as Leading Foundation Model Developer; Rating Buy
Recommend
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Positive
27
Negative
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Goldman Sachs published a research report on XIAOMI-W (01810.HK), which released the MiMo-V2.5 model series this Wednesday (22nd), including MiMo-V2.5, MiMo-V2.5-Pro and MiMo-V2.5-TTS, only about one month after launching the MiMo-V2-Pro series in March.

As the new-generation flagship foundation model, MiMo-V2.5-Pro now ranks among the global top five in the Artificial Analysis Intelligence Index and is tied for second place among China models with Kimi K2.6.

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Goldman Sachs believed the new model release reinforces XIAOMI-W's position as a leading foundation model developer. With an accelerated pace of model updates over the past six months, the broker foresaw XIAOMI-W has stepped up the monetization of LLMs while expanding LLM applications across its "Human x Car x Home" ecosystem.

The broker maintained its Buy rating on XIAOMI-W, with a TP of HKD41.

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