MiMo-V2-Flash vs Phi-3.5-MoE Instruct

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.

Phi-3.5-MoE Instruct

Microsoft

Phi-3.5-MoE-instruct is a sparse mixture-of-experts model from Microsoft's Phi research team, released in August 2024 with 42 billion total parameters across 16 experts and approximately 6.6 billion active parameters per forward pass. The model applies Microsoft's small-data, high-quality training philosophy — developed across earlier Phi generations — to a MoE architecture, targeting reasoning quality comparable to much larger dense models at a fraction of the inference compute. Released under the MIT license, it was notable in the research community for demonstrating that MoE efficiency gains could be realized at smaller total parameter counts than typical large-scale MoE deployments.