Devstral-2-123B vs MiMo-V2-Flash

Devstral-2-123B

Mistral AI

Devstral 2, released by Mistral AI on December 9, 2025, is a 123 billion parameter dense transformer model specifically designed for software engineering tasks. It features a 256K token context window and achieved 72.2% on SWE-bench Verified at release, making it a competitive open-weight option for automated coding and agentic development. Devstral 2 targets code generation, multi-file software engineering, and agentic development workflows under a modified 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.