Goldman Sachs: Xiaomi AI achievements accelerate landing, consolidate top developer status in basic models.

Goldman Sachs releases research report, indicating that Xiaomi is accelerating the transformation of its artificial intelligence research and development investment into tangible results. Following the launch of Xiaomi-Robotics-0 visual language action model in February and miclaw AI intelligent body in March, a series of large language models quickly followed, and was introduced before the upgraded version of the HAD assisted driving system on March 19, equipped with the XLA cognitive model integrating Xiaomi's independently developed cross-body basic model. MiMo-V2-Pro and MiMo-V2-Omni have been integrated into WPS Office, as well as miclaw on Xiaomi smartphones and computers and Xiaomi browsers. The firm believes that the introduction of the new model should solidify Xiaomi's position as a top basic model developer. With its leading multimodal artificial intelligence capabilities and rich agent scenarios in its human-vehicle-home ecosystem, the firm believes Xiaomi is capable of capturing the huge potential market growth in the global artificial intelligence model industry, while creating high-quality, differentiated consumer artificial intelligence terminals to enhance long-term growth and profit visibility. The firm believes the next key catalyst will be the release of the revamped SU7 model tonight, giving Xiaomi a "buy" rating with a target price of HK$41.