Xiaomi has reduced pricing for its MiMo-V2.5 series APIs by up to 99%. MiMo head Luo Fuli said the cuts are supported by structural cost advantages in…

The Chinese tech giant is overhauling its AI subscription plans and matching rival DeepSeek’s rates, ignoring a broader industry push for profitability

Xiaomi has reduced pricing for its MiMo-V2.5 series APIs by up to 99%. MiMo head Luo Fuli said the cuts are supported by structural cost advantages in…