On the dual tracks of automobile manufacturing and AI, Xiaomi is building competitive barriers with an unprecedented level of investment density.

On the evening of March 19, Xiaomi held a spring product launch event in Beijing. Founder Lei Jun not only introduced the new generation of Xiaomi SU7 electric sedan, but also made a "military order": Xiaomi's R&D and capital investment in the AI field this year will exceed 16 billion yuan, and the cumulative investment plan for the next three years will break through the 60 billion yuan mark.

Self-developed large models entering the global top tier

The high investment is supported by Xiaomi's breakthroughs in AI algorithms. At the event, Xiaomi officially launched three large models: MiMo-V2-Pro, MiMo-V2-Omni, and MiMo-V2-TTS. Among them, the flagship model MiMo-V2-Pro with trillions of parameters has ranked eighth in the global comprehensive intelligence ranking of large models, and is fifth globally in terms of brand ranking.

New Generation SU7: The Confidence to Increase Price by 4,000 Yuan

As the highlight of the night, the new generation of Xiaomi SU7 officially opened pre-sales, with a starting price of 219,900 yuan. Compared to the previous generation, the new car has increased in price by 4,000 yuan, and the confidence comes from comprehensive "internal" upgrades:

Intelligence upgrade: Deeply integrated with self-developed large models, achieving a generational leap in intelligent driving perception and cabin interaction.

Hardware performance: Completely reshaped the interior details, powertrain system, and intelligent configuration.

Brand cross-border: Celebrity endorsers Shu Qi and Su Bingtian were present at the event, further enhancing the popularity of the product.

Market reaction: High investment causes short-term anxiety

However, Lei Jun's "aggressive" investment has also caused ripples in the capital market. After the event, Xiaomi fell more than 6% in the Hong Kong stock market at the opening. Analysts believe that although the heavy investment of 60 billion yuan over three years demonstrates long-term ambition, the market still has concerns about the balance between high R&D spending and short-term returns under the current environment.

From the implementation of trillion-parameter large models to the continuous iteration of smart electric vehicles, Xiaomi Technology Co., Ltd. is trying to seize the right to define in the global competition of the AI era through "pressure-style" investments. For Lei Jun, this 60 billion yuan is not only R&D funding, but also the ticket for Xiaomi to enter the ranks of top global technology companies.