Xiaomi has permanently reduced MiMo-V2.5 API pricing by up to 99% versus previous rates, effective May 26 at 6:00 PM PDT. The company also unified pricing across all context lengths and upgraded its Token Plans, attributing the cuts to continued inference and serving efficiency gains across the MiMo stack.
Token Plans now deliver 5 to 8 times more usable tokens at the same price, and billing rules were simplified into more transparent usage terms. All current Token Plan credits are being fully reset as a thank-you to existing users, and MiMo-V2.5-TTS remains free for a limited time.
The 100T Token Grant for Builders concluded early, with all 100 trillion tokens claimed since its April 28 launch, while the Apache Software Foundation committers benefit program continues long-term.
The bigger picture: a 99% cut signals a market position under pressure. DeepSeek and Qwen captured share on near-free inference while Xiaomi charged premium rates. Resetting every customer's credits suggests the old pricing was far enough off that wiping the slate cost less than honoring it.