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Xiaomi to Invest $60 Billion in MiMo AI Model After Record Revenue

Xiaomi to Invest $60 Billion in MiMo AI Model After Record Revenue

May 12, 2026
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Xiaomi to Invest $60 Billion in MiMo AI Model After Record Revenue

Xiaomi's 2025 performance report has delivered a market surprise.

On March 24, Xiaomi Group officially released its 2025 annual results. The report reveals that over the past year, Xiaomi achieved total revenue of 457.287 billion yuan, a 25% year-on-year increase. Adjusted net profit soared to 39.166 billion yuan, surging by 43.8%. Driven by its dual-track strategy in smartphones and automotive, Xiaomi is experiencing the strongest growth period in its history.

Record R&D Investment: The Technical Ambition Behind 25,000 Engineers

This profit growth is fueled by Lei Jun's near-obsessive investment in foundational technologies.

Talent Scale: As of the end of 2025, the total number of Xiaomi's R&D personnel reached 25,457, setting a new historical record.

Heavy AI Investment: At the press conference, Lei Jun officially announced that Xiaomi will invest an additional 60 billion yuan in the AI field over the next three years.

Model Positioning: The highly anticipated MiMo large language model has officially entered the top tier of domestic AI, becoming the core engine driving intelligence across Xiaomi's entire ecosystem.

Dual-Engine Drive: The Automotive Business Takes Off

Examining the financial report's composition, Xiaomi's "Smartphone × AIoT" and "Innovative Business" segments have formed a stable dual-engine drive:

Stable Foundation: The "Smartphone × AIoT" division contributed 351.2 billion yuan in revenue, up 5.4% year-on-year. Driven by its premiumization strategy, Xiaomi's smartphone business continues steady expansion in a complex market.

Automotive and AI Surge: The Innovative Business division, which includes smart electric vehicles, generated 106.1 billion yuan in revenue, skyrocketing 223.8% year-on-year. This indicates Xiaomi's automotive business has moved beyond the investment phase and officially entered a stage of large-scale revenue generation.

The Next Three Years: From "Follower" to "Definer"

With the launch of its 60-billion-yuan AI investment plan, the strategic focus of Xiaomi Technology Co., Ltd. is clear: to deeply empower its entire ecosystem of people, cars, and homes through large models.

From the financial data, Xiaomi

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