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flag Xiaomi unveils AI model MiMo, boosting stock as part of China's tech race.

flag Xiaomi, a major smartphone and electric vehicle company, has launched an open-source AI model called MiMo, which excels in math reasoning and coding. flag The model's development reflects a tech race among Chinese companies to create advanced AI systems. flag Xiaomi's stock rose 4.7% after the announcement, highlighting investor confidence in the company's tech advancements.

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