Xiaomi MiMo-V2-Pro launches, weights still missing

This is a strong signal that Xiaomi wants MiMo to compete as a frontier reasoning stack, not just an open-weights showcase, but the “wait for weights” caveat will matter a lot to the local-model crowd.

• –The 1M-token context window is the standout feature here, especially for long-horizon reasoning, agents, and document-heavy workflows.
• –Pricing scales sharply at the 1M-token tier, which suggests Xiaomi is positioning this as a premium API model rather than a cheap volume play.
• –Text-only availability keeps it focused on reasoning and coding use cases, but it also limits appeal versus multimodal competitors.
• –With no weights released yet, the community can’t self-host, fine-tune, or independently verify the model’s true standing.
• –If MiMo-V2-Flash was Xiaomi’s open-weights proof point, MiMo-V2-Pro is the commercial follow-through.