MiMo V2.5 Pro matches DeepSeek pricing

Xiaomi’s permanent price reduction for the MiMo-V2.5 series signals that Chinese frontier-model pricing is being driven down to developer-friendly commodity levels. While DeepSeek’s V4 Pro rate was originally promotional, both companies have now moved to a unified $0.435/$0.87 structure. This price parity suggests that competition is shifting from raw capability claims to throughput, context length, and developer lock-in. For teams building eval-heavy agents, these cheaper models make it easier to run extensive trials without erasing the performance gap to the most capable proprietary models.