零的競賽：小米剛剛投下了一顆AI核彈

Xiaomi has adopted an aggressive pricing strategy, offering its new AI model at just $0.10 per million tokens. This pricing is significantly lower than the market standard, which typically ranges from $2.00 to $10.00 per million tokens, representing a staggering 95% to 99% discount.

Despite its low cost, Xiaomi's MiMo-V2-Flash model scores 73.4% on the Software Engineering Benchmark (SWE-bench), positioning it competitively against top-tier models from companies like OpenAI and Anthropic. While it may not be the absolute best, it is deemed 'smart enough' for 90% of commercial use cases.

Xiaomi's pricing strategy signals a significant shift in the AI industry, moving towards a 'Utility Era' where intelligence is commoditized, much like electricity. Companies that rely on high-margin AI models may struggle to survive as the cost of intelligence decreases to nearly zero.

Businesses that currently operate by reselling AI access or developing proprietary models without the scale of giants like Google or Meta will find it increasingly difficult to compete. The competitive landscape will favor those who can build infrastructure around this low-cost intelligence rather than those selling it at a premium.

Xiaomi's current strategy echoes its initial smartphone launch 14 years ago, where it offered flagship devices at dramatically lower prices than competitors. By commoditizing AI token economics in a similar fashion, Xiaomi aims to dominate the infrastructure of the future, just as it did in the smartphone market.