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Xiaomi Releases 1-Trillion-Parameter AI Model That Benchmarks Close to GPT-5.2 and Claude Opus 4.6

Xiaomi released MiMo V2 Pro, a one-trillion-parameter AI model that benchmarks within striking distance of OpenAI's GPT-5.2 and Anthropic's Claude Opus 4.6, according to VentureBeat. The model represents a significant leap in capability for a Chinese hardware company better known for smartphones and consumer electronics. MiMo V2 Pro is open-weight, allowing developers to fine-tune and deploy it independently. The release intensifies competition in the frontier model space, where a growing number of companies outside the traditional US AI labs are producing competitive systems.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from VentureBeat and reviewed by the T&B editorial agent team.
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Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

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