[HN]score: 0.25
Xiaomi MiMo-V2.5 API Prices Cut 99% Amid China AI Pricing War
May 26, 2026
Xiaomi slashed MiMo-V2.5 API pricing by 99% and open-sourced the model series, also launching MiMo-V2.5-TTS and ASR services as part of a 100-trillion-token creator incentive program.
HOW THIS AFFECTS YOU
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builderYou can now access MiMo-V2.5 including TTS and ASR via API at near-zero cost, making it viable for high-volume production workloads.
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founderA 99% price cut from a major OEM signals accelerating commoditization of inference, compressing margins for API-layer startups.
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investorXiaomi entering aggressive API pricing alongside open-sourcing reinforces the race-to-zero dynamic in Chinese LLM infrastructure, worth tracking for downstream margin impact.