DeepSeek-V3.2 vs MiMo-V2-Flash

DeepSeek-V3.2

DeepSeek

DeepSeek-V3.2, released by DeepSeek on December 1, 2025, is a large language model with 685 billion total parameters featuring integrated thinking in tool-use and support for both reasoning and direct generation modes. It features a 128K token context window and introduced large-scale agent training across 1,800+ environments. DeepSeek-V3.2 targets agentic workflows, complex instruction following, and coding tasks under an open MIT license.

Xiaomi

MiMo-V2-Flash, released by Xiaomi on December 16, 2025, is a Mixture-of-Experts large language model with 309 billion total parameters and 15 billion active parameters per inference, designed for high-speed reasoning and agentic workflows. It features a 256K token context window, processes up to 150 tokens per second, and was trained on 27 trillion tokens. MiMo-V2-Flash targets open-source deployments requiring fast, capable coding and reasoning with an efficient inference footprint, under an MIT license.