In the field of AI, according to Xiaomi's disclosure, in April this year, the company announced the open-source launch of its first inference large model, Xiaomi MiMo. In terms of R&D expenditure, as disclosed by Xiaomi, the R&D expenditure in the first quarter increased by 30.1% to 6.7 billion yuan this year from 5.2 billion yuan in the same period last year, mainly due to the increase in R&D expenditure related to innovative businesses such as smart electric vehicles and AI.
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