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XIAOMI-W Jumps Up 2%+ after Open-source of 1st Inference Foundation Model Xiaomi MiMo
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XIAOMI-W (01810.HK) opened 0.42% lower today (30th) before reverting up, last posting at $48.7, up 2.63%, with a turnover of 71.6619 million shares, involving $3.434 billion. Xiaomi opened source of first inference foundation model Xiaomi MiMo, marking the initial attempt of Xiaomi's newly established Xiaomi Foundation Model Core team, Chinese news broke. In the public evaluation sets of mathematical reasoning (AIME 24-25) and code competition (LiveCodeBench v5), MiMo only uses 7B parameters, toppling OpenAI's closed-source reasoning model o1-mini and Alibaba Qwen's larger open-source reasoning model QwQ-32B-Preview, according to Xiaomi. AAStocks Financial News |
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