MiMo-V2-Flash vs Qwen3.5-397B-A17B

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.

Alibaba / Qwen

Qwen3.5-397B-A17B is a 397-billion-parameter mixture-of-experts model from Alibaba's Qwen team, released in February 2026 as the open-weight flagship of the Qwen3.5 series, featuring 17 billion active parameters per forward pass through a hybrid linear-attention and sparse-MoE architecture based on Gated Delta Networks. The model was co-trained on text, images, and video using early fusion, making it natively multimodal across a 262K token context window, while achieving significantly higher inference throughput than comparable dense models due to its sparse computation design. At release it was one of the most capable open-weight models publicly available, offered under Apache 2.0 and accessible through Alibaba's DashScope API as the Qwen3.5-Plus endpoint.