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Citi: Xiaomi's MiMo Large Model Price Cut to Drive Surge in Token Usage, Reiterates 'Buy' Rating
8 hour ago /
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Author：小编
On May 27, Xiaomi Group announced a permanent price reduction of up to 99% for its MiMo-V2.5 series large language model API, along with an optimized Token Plan billing system that increases usage volume by 5-8 times at the same price. Citi Research believes this move will significantly reduce user costs, drive a surge in token usage, and help train and enhance model performance. Citi is also optimistic about Xiaomi's monetization potential in areas such as intelligent agents or Miclaw functions, expecting upgraded versions to be launched later this year. Therefore, it reiterates its 'Buy' rating on Xiaomi, maintaining a target price of HK$37.
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