Lei Jun Announces: 60 Billion Investment in the Next Three Years! Xiaomi's MiMo-V2 Large Model Family Officially Released

marsbitPublished on 2026-03-27Last updated on 2026-03-27

Abstract

Lei Jun, founder of Xiaomi, announced at the Spring Product Launch that the company plans to invest over 60 billion yuan in AI over the next three years, with R&D and capital expenditure for 2026 alone exceeding 16 billion yuan. This underscores Xiaomi's strategic shift from a smartphone maker to an AI technology leader. The event featured the debut of Xiaomi's self-developed large model family, MiMo-V2, including the flagship agent-oriented MiMo-V2-Pro, the multimodal V2-Omni, and the voice-focused V2-TTS. These models are already being deployed across Xiaomi’s device portfolio. Xiaomi also showcased its first AI-native smartphone, Xiaomi Miclaw, currently in closed testing, and an upgraded version of its smart car, SU7, equipped with the XLA cognitive model and a new intelligent cabin system. The substantial investment aims to build a technological moat and accelerate Xiaomi’s integration of AI across its human-vehicle-home ecosystem.

In the AI-driven hardware revolution, Xiaomi is launching a saturation attack with unprecedented capital intensity.

On the evening of March 19, at the spring new product launch event, Xiaomi founder Lei Jun announced a major investment plan: over the next three years, Xiaomi is expected to invest more than 60 billion yuan in the AI field. Among this, the AI R&D and capital expenditure for 2026 alone has already exceeded 16 billion yuan. This marks Xiaomi Corporation's accelerated transformation from a smartphone manufacturer into a foundational-level AI tech giant.

Model Family Debut: MiMo-V2 Ushers in the Agent Era

The core highlight of this launch event was the flagship large model series deeply self-developed by Xiaomi:

Flagship Lead: Introduction of the flagship model MiMo-V2-Pro for the Agent era, possessing extremely strong task decomposition and autonomous execution capabilities.
Full Modality Coverage: Simultaneous release of the V2-Omni full-modality large model and the V2-TTS voice large model, completing the AI closed loop in visual, auditory, and text interaction.
Ecological Rollout: This model series has now officially landed on multiple Xiaomi terminal products, achieving rapid conversion from technology to experience.

Hardcore Implementation: The First AI-Native Phone and Smart Cockpit Upgrade

Lei Jun demonstrated the deep integration of AI technology within Xiaomi's "Human-Vehicle-Home Full Ecosystem" on site:

Smartphone Form Reconstruction: The first AI-native phone, Xiaomi Miclaw, has officially started closed beta testing. This model starts from the underlying architecture, aiming to provide a disruptive AI interaction experience.
Smart Mobility Evolution: The new generation Xiaomi SU7 achieves standard upgrades across the entire series, equipped with the XLA cognitive large model and the new Hyper OS Smart Cockpit. Through AI technology, the vehicle system can not only understand commands but also actively comprehend the driver's intent through logical reasoning.

Capital Strength: Building a "Tech Moat" with 60 Billion

The high investment plan of 60 billion yuan demonstrates Xiaomi's firm determination in its AI strategy. As the smartphone and electric vehicle core battlegrounds intensify today, Lei Jun evidently hopes to use self-controlled large model technology to build a "technology safe haven" for Xiaomi.

Conclusion: "Xiaomi Speed" in the AI Era

From releasing self-developed large models to the closed beta of the first AI-native phone, and then to the comprehensive AI-ization of smart cars, Xiaomi is proving its position in the AI race with extremely high execution power. As 60 billion yuan in funds continuously transforms into R&D成果 (achievements), that Xiaomi which "always believes that something wonderful is about to happen" might be preparing to use AI to redefine the smart life of the masses once again.

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