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Chinese technology company Xiaomi has unveiled its first open source AI model, MiMo, officially entering the race for powerful voice AI.

MiMo was developed to imitate human problem-solving processes, similar to the recently released R1 model from DeepSeek.

According to Xiaomi, MiMo even outperformed OpenAI's o1-mini and Alibaba's Qwen model in internal benchmark tests - this information has not yet been independently verified.

"MiMo is the first taste of our newly established core team for AI models," the company explained on WeChat.

It added: "While 2025 may seem like a late stage to realize the dream of big models, we believe AGI is a long-term endeavor."

Xiaomi is thus following other Chinese technology giants such as Alibaba into a sector specifically promoted by the government.

In the long term, the company wants to develop artificial general intelligence (AGI) - a system that is comparable to human intelligence.

The AI initiative is Xiaomi's second major project in a short space of time, following its billion-dollar expansion into the electric car market in 2024.

At the time, founder Lei Jun had invested around ten billion US dollars in an electric car start-up and described it as his "last major start-up project".

Xiaomi Corp. $1810 (+2.06%)

the Chinese smartphone and electric vehicle manufacturer, will present its self-developed mobile chip, the XringO1, at the end of May.

This announcement was made by company founder Lei Jun last Thursday on the social media platform Weibo.

Xiaomi's entry into in-house chip development marks a significant step for the company.

With the launch of the XringO1, Xiaomi joins a select group of smartphone manufacturers that develop their own chips.

The XringO1 is expected to improve the performance of Xiaomi products and could potentially give the company a competitive edge in the smartphone and electric vehicle markets.

Details on the specific features of the XringO1 chip have not yet been disclosed. However, the industry is eagerly awaiting its launch at the end of May as it could herald a new chapter for Xiaomi and its technological capabilities.

...after everything here is full of Novo and I really hit the jackpot at the ATH (buy price around 115€...), I have a new entry in the pharma / medical sector :)

My investment strategy is generally "long" and the savings plans have also been adjusted:

• $VWRL (+0.84%) 300€ p.M.
• $BTC (-0.44%) 100€ p.m.
• $1810 (+2.06%) 150€ p.m.
• $489 (+0.97%) 50€ p.m.
• $DFEN (+0.86%) 150€ p.m.
• $1211 (+4.51%) 150€ p.m.
• $175 (+1.4%) 50€ p.m.
• $RTX (-0.2%) 50€ p.m.
• $RKLB (+1.02%) 50€ p.m.
• $ASML (-1.43%) 100€ p.m.
• $SHL (+1.16%) 480€ p.m.
• Gold 50€ p.m.

So total investment per month is 1680€ / savings rate per month.

Apart from that, I still hold around 5k in cash at the moment (watchlist is filled with Google and various other stocks).

I would be happy to receive feedback and wish you a nice weekend :)

LG

$1211 (+4.51%)
$1810 (+2.06%)
$9866 (+2.83%)

They are appearing more and more frequently on German roads: Vehicles with sometimes unfamiliar logos and car models that may look familiar, but which many people cannot identify with any brand. They are often made by young Chinese manufacturers such as Nio, BYD, Aiways and others. The ADAC has a clear opinion on this.

ADAC: Chinese cars are showing many European brands the ropes.

Cars from Chinese manufacturers are no longer an unfamiliar sight in Germany. "Chinese vehicles are serious competitors and are convincing in many of the test categories," is one of the conclusions of the ADAC experts who have tested 13 models from Chinese manufacturers over the past three years. Of these, only two models failed to achieve a five-star rating in the EuroNCAP crash test. All others achieved top marks.

In the evasion test, the Chinese models - the majority of which are electric cars - were also convincing. According to the ADAC, "many vehicles from European manufacturers" performed worse here. In terms of the general quality of materials and workmanship, it is also acknowledged that "made in China" should now enjoy a good reputation.

"Our tests show: Chinese manufacturers have caught up considerably in recent years and can now keep up with established brands," says ADAC Technical President Karsten Schulze.

There is no doubt that the Chinese can build cars. According to the ADAC, however, it is the software that is lacking. Assistance systems from European manufacturers are more sophisticated. Traffic sign recognition, for example, as well as lane and distance control systems are even more reliable. However, the example of Nio shows that Chinese brands can catch up extremely quickly here.

The ADAC also draws attention to problems with operation, which can occur due to the frequently installed touchscreens, for example - this is by no means a problem that is unique to Chinese brands. Difficulties in translating the system languages, on the other hand, would also cause obstacles in operation.

ADAC sees no "flood" of e-cars from China

The ADAC already sees advantages in Chinese cars, particularly in terms of price. The models from the Far East often undercut the European competition by several thousand euros. However, this advantage can be negated by spare parts that are more difficult to obtain or a low residual value when reselling.

Despite growing interest, the proportion of Chinese cars is still low: "In terms of total sales, Chinese cars currently account for less than two percent in Germany," says Florian Hördegen from the ADAC Technical Center in Landsberg.

https://www.giga.de/tech/adac-findet-klare-worte-zu-autos-made-in-china--01J4SCZQNDJ1W2QF0VFEXJGZXY

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Many Germans are probably familiar with Xiaomi for their smartphones and home electronics. But the Chinese company also builds electric cars. It probably wants to develop these in Germany in the future.

Following the sales success of its first own electric car in China, Xiaomi is planning to make the leap abroad, according to a newspaper report. The vehicles should also be sold outside the People's Republic from 2027, wrote the Japanese business newspaper "Nikkei" on Wednesday. The world's third-largest manufacturer of smartphones and provider of household electronics is also planning to set up a development center for electric cars in Germany. The company confirmed the plans for a development center, but did not provide any details.

As the news portal Techinasia reports, the development center is to be located in Munich. From there, Xiaomi plans to launch a sports version of its successful SU7 model on the European market. According to the report, tests are to take place on the Nürburgring. Techinasia also reports that sales of the models are to be coordinated from Düsseldorf.

https://www.spiegel.de/auto/xiaomi-konzern-plant-entwicklungszentrum-fuer-e-autos-in-deutschland-a-1ae6ab4b-3284-4009-b897-47932f77b8c6?sara_ref=re-so-app-sh

$1810 (+2.06%) There may be a ban on trading Chinese shares. Possibly reduce China or get out. The madness continues https://m.economictimes.com/news/international/global-trends/delist-chinese-stocks-from-us-indices-trump-administration-says-everythings-on-the-table/articleshow/120128240.cms

1 - Opinion (not that some users cry again in the comments that a market forecast includes a forecast on Trump)

2 - SPX chart

3 - Which stocks are interesting

1 - So there's the tariff hammer and the crash. What now?

Trump's team is probably relying on the typical crash mechanisms.

The investors with the most capital can buy much longer and more in this crash and are not as affected by price losses due to their wealth. This means that the top 0.1% of the US will also benefit the most from this crash, so there are unlikely to be any major complaints from the US elite.

According to Project 2025, however, the plan for the next few years is to make the USA less dependent on foreign markets (rather stupid, as the United States exerts influence through the strength of its economy even without using the military)

To what extent this should and can be implemented is questionable for me, because American companies are only as valuable as long as they sell globally.

Here, the upper class will not sit around and wait for the basis of their wealth to be removed, especially if the rest of the world continues to act more or less globally.

So for me this attempt is more of a medium-term thing, either until Trump fires his advisors, until America gets rid of Trump or until they change their minds.

2 - Only the absolute basics $CSPX (+0.52%)

Forward path:

As the SPX is massively dependent on technology stocks ->

It could also soon become very difficult with the suspected EU tariffs on services and a 50% increase in Chinese tariffs in the entire technology sector.

How much is questionable, however, as tariffs can also be lifted from one day to the next...

• Upward trend of all averages broken
• Completely failed almost to the 2022 high/ 50% FIB

There is now upside potential in the short term, but with Trump's momentum on tariffs, it may simply go back to the 4500 area on bad news.

In the medium term, it looks particularly volatile due to Trump, I can imagine that we will see 4000 this year. But maybe Trump will back down (edit, 3 hours later: yes he will. As I said: volatility)

3 - Interesting stocks for me:

China $1810 (+2.06%) ...

USA $SQ (+1.04%) buy before the next trend in case of strong price losses

Japan $8001 (+1.68%) diversified like hardly any other company

EU $AIR (+0.21%) Defense boom take the next few years with the most normal valuation

I would take a more relaxed approach to buying dips in the near future, otherwise the cash will be gone very quickly.

🆕I've been on the stock market and GetQuin for almost 2 months now. Like everyone else, I've had to take a lot of hits in the meantime, especially when it comes to my tech positions. Nevertheless, the build-up of my portfolio is not complete and I still have €7000 cash reserve left.

Taking a closer look at my investments, the following markets are currently covered:

🇺🇸USA Tech: $NVDA (+0.4%) , $GOOGL (+1.28%)

🇩🇪DE Infrastructure/Sustainability: $VOS (-0.28%)
$2GB (+0.44%)
$DEZ (-0.7%)

🇨🇳China Consumer goods/tech:$1810 (+2.06%)

+ Core ETF+ Satelite $VWCE (+0.41%) + $WSML (+0.85%)

📉I am currently already invested with just under €7000. Now, given the current market phase, I would like to invest a further €6000 to complete my portfolio.

🛒Another €3150 will initially flow into the core ETF to build a stable base. In addition, just under €700 should go into defensive stocks such as perhaps$ULVR (+1.3%) or$PEP (+0.31%) should be bought.

☝🏼Wie does that sound good to you?

❓Now the question arises as to what I can do with the remaining available capital. Pharma would be one idea, but I have to be honest and admit that I only have a semi-understanding of the companies and their products. 🫠

👀Of course, I would like to invest my money in a future-oriented way, in stocks that offer good development potential and could also be valued favorably at the moment. 🔮

😵‍💫Als However, as a complete beginner, I find it difficult to recognize such stocks, as there are simply too many ways to get rid of your money.

Which sectors, shares or ETFs would you consider?

Have a nice Sunday everyone! ☀️

I'm still in the black with Xiaomi $1810 (+2.06%) but they are in free fall ... What do you think, would it be better to take the 17% with you, or go for the long term and hold?