Xiaomi: MiMo-V2.5

Within a category increasingly split between chat assistants and dedicated video tools, this Xiaomi release straddles both, listed as an AI video tool and a chatbot at once. It is a native omnimodal model that, per the data, delivers Pro-level agentic performance at roughly half the inference cost while improving on its predecessor's image and video understanding. A 1,048,576-token context window lets it take, say, a long product brief plus a batch of demo video clips and return written analysis grounded in what it saw. It offers chain-of-thought reasoning and structured JSON output, and at $0.10 per 1M input tokens it undercuts roughly 75 percent of comparable models. That price is where it separates from its stated alternatives: against Gemini 3.5 Flash or Gemini Pro Latest, the pitch is comparable multimodal reach at a markedly lower rate. The recorded limitation is no free tier, so usage bills per token from the start. Ideal for content and research teams who need image and video comprehension at high volume and are cost-sensitive about inference. A strong pick for budget-conscious multimodal work; less compelling if you are already committed to Google's ecosystem and its tooling.