On March 24, Lu Weibing, Partner and President of Xiaomi Group, disclosed during the financial results conference call that Xiaomi's AI large-scale model is advancing at an impressive pace, significantly outperforming initial expectations. He emphasized that globally, only a handful of companies are capable of deploying physical AI across diverse scenarios—spanning humans, vehicles, and homes—simultaneously, which represents Xiaomi's distinctive competitive edge. Recently, Xiaomi unveiled its second-generation MiMo large-scale model, marking the completion of its comprehensive model lineup for the Agent era. Lu Weibing also reaffirmed that Xiaomi's research and development (R&D) and capital investment in the AI sector this year are projected to exceed RMB 16 billion, with cumulative investment over the next three years set to reach RMB 60 billion. These investments will primarily focus on areas such as large-scale models, embodied AI, and AI applications.