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Goldman Sachs has issued a research report, forecasting that a slew of AI advancements will be unveiled in the forthcoming quarters. The report assesses that the ecosystem of Xiaomi Corporation-W, coupled with the world's largest AIoT (Artificial Intelligence of Things) connected device network, will propel its distinctive growth trajectory. This, in turn, will facilitate the enhancement of the 'human-car-home' ecosystem. Consequently, Goldman Sachs has conferred a 'Buy' rating on Xiaomi, setting a target price of HK$53.5. The report further highlights that Xiaomi is diligently crafting edge and cloud-based large-scale AI models to cater to diverse application scenarios. The company has already rolled out several specialized large-scale models and, on November 21, introduced its latest innovation—the cross-embodied model foundation, MiMo-Embodied.
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